As previously disclosed, due to certain complexities associated with the acquisition of the La Parrilla assets, the accounting and audit process remains ongoing at this time.
An American quarry company said Tuesday the Mexican government carried out a de facto expropriation of its properties on Mexico’s Caribbean coast.
Chief Financial Officer, Ken Scott commented, “This marks a significant financial milestone for Sierra Madre. The Guitarra team is continuing to do a great job of incrementally increasing the daily production rate.”
Florida-based deep-sea mining company Odyssey Marine Exploration has won a lawsuit against Mexico after the country rejected its environmental permits and shutdown its project without legitimate cause.
CEO Matt Badiali said, “Princeton is the project that originally convinced us to create Quetzal Copper. It checks all the boxes for a potential home run project: next to an operating mine, high-grades in historic samples, and drive-up/drive-home targets.”
“We are eager to resume tracing the high-grade mineralization we’ve cut previously in the Palos Verdes vein by taking advantage of better hole geometry created by drilling from our Strategic Partner Vizsla Silver’s ground,” said Dr. Craig Gibson, Co-Founder and Chief Exploration Officer of the Company.
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