Author: Josue Gomez

The net proceeds raised under the Offerings will be used to fund the cash payment for the Transaction and for general working capital purposes inclusive of funding costs associated with the continued exploration and development of the Cerro Las Minitas polymetallic mineral property in Durango, Mexico. Up to 10,000 metres of new drilling is planned on the property, commencing in mid-September.

“I am very excited to be joining the Zanzibar team,” said Greg Bronson. “I believe Zanzibar has a great future with its newly acquired Sonora Gold project. Zanzibar has developed a talented Canadian/Mexican exploration team that uniquely positions it to capitalize on the growing gold environment. As the gold sector evolves through higher commodity prices, I believe Zanzibar can provide cost-effective exploration results and timely project news with Sonora Gold project.”

“Odyssey is ready to move this important project forward for the benefit of the people of Mexico as well as our shareholders,” said Mark Gordon, Odyssey Chairman and Chief Executive Officer.

Morgan Good, Chief Executive Officer of Carlyle, commented: “We are very excited and extremely fortunate to have the likes of Mr. Jessup and Mr. Blanchet on our newly formed Advisory Board.”

Riverside’s President and CEO, John-Mark Staude, stated: “We continue our Company’s generative approach acquiring district scale projects whereby major mining companies can work systematically with Riverside and without serious third-party ownership interference. This Greenstone belt has been largely ignored since the last gold cycle. With recent discoveries in Red Lake and Rainy River explorers have focused on those areas and we believe the potential for new discoveries in this belt is excellent with the application of modern exploration approaches.”

“With our recent work defining a large footprint of high-grade mineralisation at El Fierro, this strong interest from both institutional and retail investors firmly supports our decision to advance aggressively to drill phase at this project,” stated Ruben Padilla, President & CEO.

Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased to enter into this agreement with Copperbelt. We believe the Beskauga copper-gold Project represents one of the best exploration opportunities in the world. The high quality work that has been completed on the project to date indicates Beskauga is a huge mineralizing system that has considerable upside that has yet to be explored.”

“Although the Relief Canyon mine has taken longer to reach commercial production due to complications related to the COVID-19 pandemic, equipment challenges regarding the radial stacker and lower grade ore in the upper fringes of the deposit, as we access, have placed and leached the first of the higher grade ore, we continue to remain confident that these issues will be solved in the near term. These are typical start up challenges when commissioning a new operation,” said Americas Gold and Silver President & CEO Darren Blasutti.

“We are extremely excited about the initial drill results from the 5500 level that has already yielded several bonanza grades,” stated Americas President and CEO Darren Blasutti.

Para resolver el conflicto minero que derivó en huelga desde hace 13 años en Taxco, en demanda de mejoras salariales y seguridad por parte de Grupo México, expresó su disposición de intermediar entre las partes.