Barksdale Announces Officer Appointment and Grant of Stock Options
Barksdale Resources Corp. is pleased to announce the appointment of Ms. Pamela White as Corporate Secretary of Barksdale.
Barksdale Resources Corp. is pleased to announce the appointment of Ms. Pamela White as Corporate Secretary of Barksdale.
Zacatecas Silver Corp. is pleased to announce its common shares will commence trading on the TSX Venture Exchange on March 2, 2021 under the symbol “ZAC”.
Orla Mining Ltd. is pleased to announce that the approval from the Mexican Federal Competition Commission has been obtained and thus this condition precedent has now been satisfied. Accordingly, the Layback Agreement with Fresnillo plc regarding the Camino Rojo Oxide Gold Project has come into effect.
For the fourth quarter 2020, the Company reports record quarterly revenue of $100.8 million, adjusted net income of $20.8 million or adjusted earnings per basic share of $0.07 and net income of $18.0 million or earnings per basic share of $0.06, derived from the sale of 53,478 gold equivalent ounces which generated record quarterly cash flow before changes in working capital of $39.5 million.
Thomas A. Doyle, President, CEO, stated “We are very pleased that Alamos has informed us that it has started its field exploration programs on the Los Venados Project. With Alamos’ experience and geologic knowledge of the immediate area with a major gold mine, I look forward to their findings.”
“Initial drilling from the top of the Gap Zone has returned compelling high grade results,” stated Ben Pullinger, Senior Vice President Geology & Corporate Development. “This sub-vertical structure connects the 623 and NE-1S mantos and represents a significant opportunity to define additional mineralization at Platosa. We also continue to define and add further tonnage around known manto mineralization.”
Permitting applications are in progress for the drilling which are expected to take 3 to 4 months to receive. Permit applications are also being prepared for the reopening of the historical Hundida Mine and should take 6 to 10 months to receive.
Carlos Silva, CEO of Santacruz, commented; “The completion of this transaction and concurrent financing will be transformational for Santacruz and will mark the Company as an emerging mid-tier silver producer.”
“We are very pleased to receive conditional approval and we look forward to commencing exploration work on our strategic silver exploration assets in this well-known prolific carbonate replacement deposit (CRD) district” said Peter Latta, President. “Our initial focus will be the Ana Maria property, situated only a 30 minute highway drive from the international airport in the City of Torreón. We have an experienced team in Mexico to lead the work, as well as an industry-leading consulting geologist here in Canada, who are all working to build knowledge and confidence in the Ana Maria property.”
Allen Palmiere, President and CEO, said “Our Don David Gold Mine located in Oaxaca, Mexico delivered solid production results during a demanding 2020 amid the COVID-19 global pandemic. While COVID-19 is expected to remain a challenge in the short to medium term, our team has done an admirable job managing the situation and it is a testament to our operations team and their adaptability and resilience.”
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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