“We are enjoying a solid third quarter, leaving behind the COVID-19 mandatory suspension and aiming to re-establish our mines’ production targets and improved profitability with stronger metal prices.”
Alamos Gold Inc. is pleased to announce the appointment of Scott R.G. Parsons as its Vice President, Exploration. Mr. Parsons succeeds Chris Rockingham following his retirement on August 31, 2020.
Alien Metals Ltd, a minerals exploration and development company, is pleased to announce the appointment of Technical Director, Bill Brodie Good, as CEO of the Company with immediate effect.
Golden Tag Resources Ltd. announced today the release of its unaudited condensed interim consolidated financial statements for the second quarter of 2020, together with its Management, Discussion and Analysis.
Tim Barry, President, CEO and director of Silver Bull states, “We are extremely disappointed to see Mineros Norteños have filed an appeal against the third favorable ruling the Company has received on the frivolous law suit they filed back in 2014. The last favorable ruling was delivered to us in March of this year, but unfortunately due to the rapid spread of the Corona Virus in Mexico, the court system in Mexico has been shut down until very recently, which has caused a significant delay in potentially settling this case once and for all. Should Mineros Norteños lose this appeal then Silver Bull will win the case outright.
Southern Silver Exploration Corp. plans to issue up to 1,200,000 units in a non- brokered private placement at a price of $0.38 per Unit to raise $456,000.
Redstar’s new CEO, Charles Funk added: “Closing the recently announced C$7,000,000 financing and completing the Heliodor acquisition gears the new company for a very active 2020. Drilling will commence in a little over a week at Unga and exploration programs are being prepared for Mexico later this year which will provide consistent newsflow as we demonstrate the significant potential of our portfolio. Redstar has a bright future and I’m excited to be leading this initiative.”
“The Bilbao project has historically been challenged by relatively low tonnage and low silver prices, however, with the much improved outlook for silver prices, approaching the level estimated in the PEA, combined with the 2010-2013 drill results which outlined the potential to expand tonnage and the unexplored high grade silver vein systems, the time is right to attract an operating producer with the experience to take the deposit to the next level.”
Vizsla President and CEO, Michael Konnert, commented: “I am very pleased to announce that we have made a new, high-grade discovery a kilometre north from the original discovery at Napoleon. To have hit a high-grade discovery on the first hole at Papayo is a clear demonstration of the scale and potential of both the Napoleon Vein Corridor and the Panuco district.”
Discovery is focused on advancing our 100%-owned flagship Cordero project in Chihuahua State, Mexico. The 35,000-hectare Cordero property covers a sizeable district that hosts a very large known silver resource as well as numerous exploration targets for bulk tonnage diatreme-hosted, porphyry style deposits and also carbonate replacement deposits.
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