“The ability to quickly mobilize equipment and field crews to Pilar is a testament to the strong team we have here in Mexico,” commented President and CEO Derek Wood. “After visiting the site this past week, I am very happy with the progress to date and look forward to continued exploration at Pilar. Tocvan is excited to lead the advancement of Pilar and would like to thank all of the field crews for their efforts.”
The TSX Venture Exchange has accepted for filing an amended and restated royalty purchase option agreement dated Nov. 11, 2020, between Exploraciones Mineras Del Bajio S.A. de C.V. (EMBSA) (the optionor) and Vangold Mining Corp., via its Mexican subsidiary, Obras Mineras El Pinguico S.A. de C.V…
Magna Gold Corp. is pleased to announce results from drilling activities on our 100% owned La Pima property located in Mojave/Sonora Megashear, 24 km northwest of Magna’s San Francisco Gold Mine
Proceeds of financing will be used for drilling of targets defined by the previously announced magnetic survey which is currently in progress on the Company’s San Javier Silver-Gold Project.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very encouraged with the results of the initial bulk sampling of the San Juan Breccia, which has indicated that a high- grade silver-gold concentrate can be produced using standard grind and flotation processing technology. Our current focus continues to advance surface and underground drilling with five diamond core rigs at the Plomosas Silver Project. We are also carrying out preliminary metallurgical studies to investigate potential metallurgical flow sheets, aiming to achieve high-value final concentrate products from the areas being drilled.”
Barksdale Resources Corp. is pleased to announce the appointment of Mr. Thomas Simpson as Senior Vice President of Exploration and Mr. William Wulftange as an independent director of the Company.
“The announcement of the Benjamin Hill Property option agreement is a key milestone in our business plan. The team looks forward to developing the Property as it contiguous to our Sonora Gold Property in the highly prospective Caborca Gold Belt.”
“The announcement of our inaugural dividend policy is a major milestone for the Company and validates the overall strength and sustainability of the business given our robust operations in Mexico,” stated Keith Neumeyer, President and CEO.
“The crew at the mine has done a great job of reconstructing our heap leach pad. The production of gold is occurring unencumbered by issues the old heap leach pad presented. The company and staff are meeting all timelines for production which will lead to a monthly increase of gold sales in 2021,” added Mexus CEO, Paul Thompson, Sr.
“The awaited assays for hole CDH-033 at the El Refugio target have further supported the geologic model and have returned an excellent intercept. All indications from the mineralogy of the drill core support deeper drilling to intercept further high-grade vein. There is also support for the existence of stacked boiling zones. El Refugio is shaping up as a very strong and important target in the Copalquin district.”
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