Premier Provides Year-End Operations Update
December 18, 2019
This year has seen the most significant exploration successes since Premier acquired the mine in 2016.
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This year has seen the most significant exploration successes since Premier acquired the mine in 2016.
Goldplay President and CEO Marcio Fonseca commented, “We are pleased to enter into the Letter of Intent with Mako, as it opens up the opportunity to fully review and potentially acquire highly prospective gold and silver assets adjacent to the San Marcial Project, including on-site infrastructure.”
Coeur’s top exploration priority at Palmarejo in 2019 was to continue locating thicker zones of mineralization near the Guadalupe and Independencia mine complexes with the goal of discovering new resources and extending mine life.
Managing Director Tony Rovira stated, “Following receipt of environmental approvals last week, preparation of access tracks and drill sites and drill rig mobilisation commenced immediately and drilling at the Loma Bonita deposit is now underway.”
Mithril to acquire private Australian exploration company Sun Minerals Pty Ltd which has an exclusive Option to earn up to 100% of the high-grade Copalquin Gold Silver Project in Durango, Mexico
“I want to assure shareholders that Mexus employees are working hard and producing gold. We will continue working at the current production rate and build out to a 24-hour continuous mine operation as gold sales and/or additional funds become available. I would like to thank our shareholders for their continued support and wish everyone Happy Holidays,” Paul Thompson, President.
“Our water agreement with the Cedros community represents a meaningful turning point towards a long-term partnership anchored in our common purpose to create value and improve lives,” said Tom Palmer, President and Chief Executive Officer. “Having reached agreement on this pivotal issue, we look forward to continuing our good-faith dialogue to resolve the remaining issues so we can move from confrontation to cooperation.”
COO Greg Liller notes, “The assay results to date are quite encouraging. The technical work is being advanced to complete the sampling program and integrate the results into the current resource model. Since Los Reyes is already a relatively high grade, open-pit minable resource, we are pleased to see high grade numbers in outcrops at surface.”
Kootenay President and CEO James McDonald states “The high-grade intercept in hole CDH-19-030 represents an exciting new style of breccia and stockwork mineralization identifying a new and potentially wide-spread target area.”
George Cavey, P.Geo of OreQuest states: “The Zacatecas camp is one of the major historic mining districts in Mexico. San Acacio offers a number of intriguing targets. Near-term, the Veta Grande system has good potential to increase resources…A targeted core re-log and selective re-assay program at both San Acacio and Tepal has been initiated and will continue through 2020.
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