Douglas Coleman, President and CEO, states: “Our priority is the safety of all conference participants and we are working hand in hand with state and federal government officials, as well as the directors of Expo Guadalajara to implement the highest level health protocols.”
CEO Michael Konnert stated “Vizsla is very pleased to have the drill turning again at the Panuco project. In the month of May 2020, the Company announced the extension of the exploration period of the options, returned its exploration team to the Project and announced a bought deal financing for gross proceeds of approximately C$4 million. The Company is now in a position to execute its exploration program at the underexplored district-scale project and create shareholder value.”
Richard C. Adkerson, President and Chief Executive Officer, said, “I am proud to share our Annual Report on Sustainability and our Climate Report. Our commitment to our workforce, host communities and governments, the environment and matters important to all stakeholders drives our corporate culture.”
Auxico Resources Canada Inc. is pleased to announce that it has signed a joint venture agreement with Kibara Minerals for the concentration and export of tantalum and niobium ores from the Democratic Republic of the Congo.
GoGold Resources Inc. is pleased to announce they have resumed drilling at the Company’s Los Ricos project, and has returned to full operations at Parral.
Great Panther Mining Limited reports the restart of mining operations in Mexico following a government order adding mining to the list of essential services. The restart is following a phased approach to accommodate new protocols in response to COVID-19. The Company’s operating and health plans for both mines, in alignment with most recent government regulations, received approval from the Mexican Institute of Social Security. Mining and processing operations have commenced at the Topia Mine in Durango, and processing at the Guanajuato Mine Complex in Guanajuato is expected to start next week.
“Our recent drilling from Diluvio West and Marianas confirm that these zones are emerging as important contributors to the future of Mercedes,” commented Stephen McGibbon, Executive Vice-President. “The results of our Q1 program have provided some of the best intercepts realized over the past several years with grades well exceeding current reserves. We look forward to expanding on these now that drilling has been reactivated.”
Golden Goliath Resources Ltd. is very pleased to announce that the recently announced private placement has now received the necessary regulatory approvals. Originally planned for $350,000, the private placement was increased to $450,000 due to demand and then again to $500,000.
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share.
Magna Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 17,075,000 common shares in the capital of the Company at a price of $0.41 per Offered Share for aggregate gross proceeds of $7,000,750.
Bradford Cooke, Endeavour Director and CEO, commented, “Last year at Guanacevi, we were successful in outlining new resources on the El Curso property, and we commenced mining there in late Q3, 2019. This year, we continue to discover new resources in the Santa Cruz vein on El Curso which should add to our mine life at Guanacevi.”
By conducting this large test, the Company will gain valuable metallurgical and precious metal recovery information pertaining to the mineralized material on the El Pinguico property. As well, the Company will gather critical economic data regarding the potential for direct shipping of this material, as well as higher-grade material stockpiled underground within old mine workings of the El Pinguico mine, to one of several operating mills in the Guanajuato area.
This document updates and includes one additional table of results previously not stated in the News Release disseminated earlier today.
As announced by the Company on March 3, 2020, the Company was previously working towards completing an initial public offering of BDRs in Brazil, which plans the Company subsequently suspended in light of the ongoing COVID-19 pandemic as announced by it on March 24, 2020.
“We are proceeding with a careful approach to restarting operations, as we work towards restoring full production levels at our operations while protecting the health and safety of our people,” said Michael Steinmann, President and Chief Executive Officer of Pan American. “The COVID-19 pandemic continues to cause hardship in many of the communities near our operations. We are expanding the humanitarian assistance we have been providing from donations of food and medical supplies to include assistance in sanitation efforts and facilitating access to education.”
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “We are excited to have hit what appears to be a very big sulphide system, with our first three holes into a 3200 metre continuous chargeability anomaly. The first three holes into the anomaly are at the outer edge of the anomaly, where it comes closest to the surface. Now we have a geophysical anomaly that has been hit with drill holes that match up perfectly.”
Por su parte, Rafael Chávez Diosdado, director del Hospital General de Zona No. 23 del IMSS en Parral, agradeció las donaciones del equipo y el trabajo que ha realizado en estos meses la Minera San Julián para generar una concientización entre la población a fin de que cumplan las medidas sanitarias.
Simon Ridgway, President and CEO of Radius, commented, “The potential of this region of Guatemala for significant gold/silver discoveries is proven. The country now has a pro-mining government that sees value in creating employment for its people. Now is the right time for Radius to bring in Volcanic’s focused, well financed, well managed exploration team to make the discoveries that will create wealth for all the stakeholders in this region of Guatemala.”
Red Cloud is a Toronto-based financial services company that provides investor relations services, including assisting with increasing investor awareness and overall marketing of Silver Tiger.
The proceeds of the Private Placement will be used primarily to fund Discovery’s continuing exploration program at its Cordero project and its Coahuila projects. A portion of the proceeds will be used for general working capital purposes.
“Our sustainability report provides investors and other stakeholders a transparent and detailed look at look at our safety, environmental and social performance,” said Tom Palmer, President and Chief Executive Officer.
Proceeds of the private placement will be used for funding exploration of the Buck property and working capital.
CEO John Lawrence said “The trisulfide that has been produced looks good, and the team is anxious to continue on the cyanide leach of the gold and silver Los Juarez ore now that they will have a thickener.”
“We are looking forward to resuming operations at Platosa and Miguel Auza in a safe and healthy manner and doing our part to prevent the further spread of COVID-19 in Mexico,” stated Brendan Cahill, President and CEO. “Fortunately, our people have not suffered any cases of the disease and incidences in our surrounding communities have been minimal.”
“I am very appreciative of the way our team in Mexico handled the difficult challenges faced during the last few months due to the global pandemic,” said David Wolfin, President & CEO of Avino.
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