Author: Josue Gomez

With the acquisition of Alderley, Chesapeake gains access to an innovative precious metals oxidation processing technology together with certain asset rights and proprietary databases, creating the path towards a new growth oriented and innovative gold and silver producer. Chesapeake will now focus on progressing the Metates project towards production using the Technology in a heap leach operation.

“The acquisition of the Los Ricos district, only 22 months ago in March 2019, has proven to be a tremendous catalyst of growth for GoGold,” said Brad Langille, President and CEO. “More importantly, this has been accomplished with the first of many targets in the Los Ricos district. This PEA demonstrates the strong economics of the district which will continue to expand as we drill additional targets.”

“South Arturo exceeded expectations in 2020 with a winning track record of performance versus plan, and our operations team at Mercedes have defined higher grade resources and executed a revised higher-margin mine plan that has the mine poised for continued success.”

Derek Wood CEO commented “This addition to the Tocvan Team I regard as a major benefit to Tocvan Ventures Corp. Mr. Calles-Montijo’s experience and network within the Mexican mining sector will be of great benefit as we continue to advance the Pilar property, while researching, evaluating and negotiating additional Mexican opportunities.”

Megastar appoints two new members to its Board of Directors: Brian Ostroff and Mary Ellen Thorburn.

Angela Pankhurst, currently a non-executive Director, has been appointed as an Executive Director on a part time basis to assist and compliment the skills of the Managing Director and CFO.

The Brownfields exploration program budget for 2021 at the San Jose Mine is US$10.9 million, which includes 33,800 meters of diamond drilling and 1,770 meters of underground development for drilling access, platforms, and services.