El presidente y director ejecutivo de Pan American Silver Corp., Michael Steinmann, anunció ayer que, hasta que las carreteras sean seguras para los empleados, reanudará las labores de movimiento del personal hacia y desde la mina Dolores, en el municipio de Madera.
N. Eric Fier, CPG, P.Eng and CEO, remarked, With this discovery of the Babicanora Norte Vein, we continue to show the increased potential for more near-surface high-grade mineralized veins. This is now the 11th high-grade vein we have discovered in the district. This vein is located adjacent and parallel to the Babicanora Vein which contains a majority of the maiden resource estimate. We recently identified this untested vein and strategically drilled it for high-grades which were discovered in our second drill hole (BAN18-02, intercepting 1.5 metres grading 9.11 gpt gold and 1,033.3 gpt silver, or 1,716 gpt AgEq*). This successful strategy required projecting the known high-grade footprint of the adjacent Babicanora Vein along with geologic constraints to the untested Babicanora Norte Vein. With six drills currently operating, we continue to aggressively drill-test the Babicanora Norte Vein and several other untested veins using the model of Nature of Multiples; that is, find one high-grade footprint in a vein and apply the same controls to the next nearby vein.
Bradford Cooke, Endeavour CEO, commented, I am pleased to welcome Manuel Echevarria to the Endeavour management team. His skills and experience are a great fit with our senior group and his depth and breadth of knowledge in the mining sector will enhance our ability to become bigger and better going forward as we optimize our three current mines and develop new mines to fuel our future growth.
La construcción del proyecto Juanicipio, iniciará después de ser aprobado por el Consejo de Administración, se pretende arrancar en los próximos dos a tres meses.
La firma dijo que mantendrá el personal en su mina de plata Dolores en los niveles necesarios para la seguridad del sitio y para sus reducidas actividades operativas.
“Our priority is the safety and security of our personnel. We have been monitoring the situation, and with the recent incidents that have occurred along the access roads, we have determined the prudent course of action is to suspend personnel movements to and from the mine until the roads are safe for our employees,” said Michael Steinmann, President and Chief Executive Officer of the Company.
El secretario general de Gobierno, Sergio César Alejandro Jáuregui Robles, señaló que esta tarde se realizará una nueva reunión con la empresa canadiense Pan American Silver Corporation que opera la Mina de Dolores, en el municipio de Madera, a fin de evitar el cierre permanente de sus actividades.
Fred Davidson, President and CEO, stated, “Silver prices reached its recent high in January 2018 at USD $17.54 an ounce but fell as the quarter progressed as the US dollar and interest rate started increasing. Nonetheless in Q1 our shares outperformed sector peers largely due to our exploration success at our sizable 357km2 land package, 5,000+ underground workings, and high potential exploration targets. The Company continues to believe its market capitalization remains undervalued given our production and exploration potential.”
Commenting on this news, Ralph Shearing, President of Telson said Telsons graduation to Tier 1 of the TSX Venture Exchange is a further demonstration of the quality of our Campo Morado and Tahuehueto projects and of our management team. Graduating to Tier 1 status will also provide the Company with a more favorable regulatory environment, decreased filing requirements and increased opportunity for participation by institutional investors…”
Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica with respect to Leagold’s acquisition of Brio Gold Inc. COFECE approval was the final government agency approval required before completing the acquisition, which is anticipated to occur on or around May 24, 2018.
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