Ernesto Balarezo, CEO of Sierra Metals, commented, “Qualifying for the OTCQX Market is a milestone in our efforts to increase visibility and accessibility for our current and prospective U.S. and international shareholders. Sierra is well positioned for growth at its mines in Peru and Mexico and we intend to support our OTCQX listing with a robust investor relation program.”
This maiden drill program will consist of 10 to 12 HQ core holes totaling approximately 1,500 metres. This portion of the Buenavista vein-breccia structure was sampled at surface and underground during the last sampling program and returned a number of high-grade gold and silver intervals with assays as high as 239.9 g/t Au and 1390 g/t Ag.
“We are extremely honored to welcome Eduardo Luna to the Vizsla board,” stated President and CEO, Michael Konnert. “Eduardo is one of the most accomplished and experienced miners in all of Mexico. He was instrumental in unlocking value for Luismin, Goldcorp and Silver Wheaton at the world-class San Dimas mine, which continues to be one of the Country’s top producers of silver and gold.”
“The operations had strong silver production in October which is expected to continue for the balance of the year, positioning the Company to meet the lower end of its full year silver production targets following a difficult Q3-2023,” stated Americas President and CEO Darren Blasutti.
“The amendment to the MIA is the last environmental approval required for the operational phase of the Media Luna Project and allows us to move forward with the deposition of tailings into the mined-out Guajes open pit. The switch to in-pit tailings deposition from filtered and dry-stacked tailings will coincide with the planned commissioning of the copper and iron sulphide flotation circuits as well as concentrate filtering and handling facilities.”
A company news release said Vale has signed an agreement to have rotor sails installed on the Valemax-class ship, Sohar Max, which is 362 metres long, 65 metres wide and able to carry up to 400,000 metric tonnes of cargo.
We very much put the creation of shareholder value at the forefront of our Glencore deal: Teck CEO
Prime Chief Executive Officer Daniel Kunz commented, “With 51,000 metres drilled to date and six drills now turning, we are well on our way to completing 2023’s planned 60,000 metre drill program at Los Reyes. Recent results from both expansion and generative drilling continue to demonstrate solid potential to contribute to resource inventories and develop an outstanding high-grade gold-silver project.”
“In late Q2, the mine returned to the level of monthly production planned for the 2023 – 2024 fiscal year, as well as recovering additional ounces over budgeted amounts to make up for the lower than planned production in Q1,” stated Salvador Garcia, Chief Operating Officer.
“We expect to close out 2023 on a solid note with the fourth quarter forecast to be the strongest quarter of production, driven by higher open pit grades now that the period of elevated waste stripping is behind us. Our confidence in achieving full year production guidance of 440,000 to 470,000 ounces is supported by October gold production of 41,450 oz, which included 105 hours of planned maintenance in the process plant at the start of the month.”
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
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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