Following the successful re-start of the operations, the Los Braceros mill is now processing just under 1,800 tonnes per day. The Company will provide production guidance for the Cosalá Operations and the Galena Complex for 2022 in February 2022.
Stephen Orr, Chief Executive Officer, stated, “CLG’s record performance in Q4 reflects the progressive enhancements to processing and mining productivity throughout 2021. Improvement initiatives included continual refinements to the mining cycle which allowed the mine to increase daily production to more than 2,600 tonnes per day by year-end.
“The results from Phase 2 of the drill campaign are highly encouraging as we have intersected some significant widths with mineralization on the Brecha de Bajo vein which are in close proximity to our current underground workings at ET. In the process of testing this vein, we discovered a new vein splay which appears to be mineralized, and has been named the Bart vein, after the geologist at site who discovered it.”
“The geological team is fascinated by the property. We have multiple styles of gold mineralization in the same host rocks as major deposits on the trend. The initial high-grade samples and high percentage of positive results is a great sign the team is unlocking the geological puzzle. We now have the drill permits and are really excited to start drilling at Big Pit and Pique Viejo in February.”said Michael Wood, CEO of Reyna Gold
Starcore International Mines Ltd. announces the appointment of Pierre Alarie as President and a director of the Company. Mr. Alarie’s appointment signals Starcore’s expanded direction as it positions the Company for strategic leadership and growth.
Rockland’s CEO, Mike England stated “With work permits in place and now surface access secured we are excited to move ahead on the Elektra Claystone Lithium Project in Mexico. Global demand for battery metals is at an all time high so our focus will be to advance Elektra expeditiously in 2022.”
“Sun River is a great partner to have on our El Oro Tailings Project in Mexico and has the confidence of investors to finance them into production. Their agreement to start advance NPI payments is another indication of confidence that production is not too far away now,” states Joanne Freeze, President and CEO for Xali Gold.
Golden Tag Resources Ltd. is pleased to announce that diamond drilling is set to recommence on the Company’s 100% owned San Diego Project, located in Durango Mexico. After pausing briefly at year-end, Major Drilling has commenced mobilization to site and is expected to restart drilling within the next few days.
“We’re raising the bar for ourselves,” says Dan Dickson, CEO. “We want to deepen our sustainability commitments and elevate our performance in areas that matter most to our stakeholders and our business. These are areas where we’re channeling our energy, increasing our investments, and increasing our efforts to deliver meaningful progress toward a more sustainable future.”
James Anderson, Chairman and CEO, said, “It is GSilver’s intention to use the approximately 20,000 tonne per month of excess capacity at the El Cubo mill to profitably process mineralized material from various potential sources in the Guanajuato area. Whether the business arrangement is designed as toll milling, raw material purchasing, or profit sharing, if it serves to contribute to our bottom line and helps to expand our presence in the 480-year-old mining camp of Guanajuato, then we will pursue it.”
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