United States Antimony Corporation reported that production testing of the cyanide leach circuit at the Puerto Blanco mill in Guanajuato has begun. Security and transportation measures are being implemented.
Los directivos del hospicio agradecieron el apoyo a los mineros y reconocieron la labor que realiza la empresa para que los niños y jóvenes disfruten de esta época.
A six hole program has commenced drilling with the objective to extend the Indicated JORC Resource envelope down dip and to the south. These holes are targeted within the existing Inferred Resource envelope and will infill the identified mineralisation.
“Securing this US$125 million Credit Facility and one of the key permits marks two more critical milestones in the evolution of Orla, allowing us to maintain our schedule for advancing Camino Rojo toward production in mid-2021. We have accomplished a great deal to get to this point in just two years since the acquisition of the project. With the continued support of local communities, various levels of government, shareholders and now lenders, we can advance toward production by initiating construction in the coming months once the final permit is received,” stated Jason Simpson, President and Chief Executive Officer.
Pete Dougherty, President & CEO stated: “We believe this PFS demonstrates that CDG is a long-life, low-cost asset in an attractive mining jurisdiction, Guanajuato, Mexico. CDG fits well within our team’s abilities as another open pit heap leach project in Mexico and is an asset that supports our transformation strategy from being a high-cost producer to a lower-cost producer.”
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
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