Category: Investor’s Corner

Capstone Files Technical Report with Updated Reserves for Cozamin

Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the updated Proven and Probable Mineral Reserves and positive results announced on September 9, 2020.

Santacruz Recognized by the Initiative for Responsible Mining Assurance for Its Achievement in Transparency

Carlos Silva, CEO of Santacruz stated, “Receiving recognition for IRMA Transparency is an important milestone as we advance along IRMA’s process. This norm will help us to continue to improve our business practices that go beyond industry standards for social responsibility, which translates into a culture of mutual respect and ultimately success for the Company and its employees as we strive to meet our corporate objectives.”

Aloro Enters into an Option Agreement with Alamos Gold Inc.

Alamos may acquire a 70% interest from Aloro by incurring an aggregate of USD$5,000,000 in exploration expenditures and making certain cash payments over the course of three years in two mining concessions (title numbers 244241 and 246230), commonly known as the Los Venados Project located in the Municipality Sahuaripa, in the State of Sonora, Mexico.

Cameco Turns to LeaseControl to Manage Mining Leases

“The ability to have all our tenements, agreements and permits centralized and standardized in one platform enables us to efficiently manage our commitments, and bring out insights that facilitate fast decision making”, commented Sarah Wang, Manager of Exploration Information Management at Cameco.

Gold79 Announces Private Placement Financing of up to $2,000,000

The aggregate proceeds raised under the Offering will be used for exploration expenditures related to the Gold Chain, Arizona project; the Jefferson Canyon, Nevada project; the Tip Top Gold, Nevada project; and, for working capital and general corporate purposes.

Mammoth Provides Update on Activities at its Tenoriba Gold Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on Centerra ceasing exploration activities in Mexico, stating: “Travelling back to the project area, myself and Richard Simpson, V.P. Exploration at Mammoth, received a warm welcome after being absent the region the past 20 months. It was terrific seeing friends and acquaintances and discussing plans and the importance of our working together going forward for our mutual benefits.”

Almadex Closes Private Placement

Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 5,400,000 units at $0.25 per Unit.

McEwen Mining: Q3 2020 Production and Exploration Results

Production rebounded during Q3 after the successful restart of all four of our operations, which were temporary suspended during Q2, largely due to actions taken to prevent the spread of COVID-19 amongst our workers, business partners, and communities.

Telson Reports Q3 2020 Production Results for Campo Morado Mine

“After losing production as a result of COVID-19 pandemic government mandatory shut down earlier this year and dealing with operational difficulties largely related to the SAG mill failures, with the new liner design fully installed and performing above expectations, we now have Campo Morado Mine operating at full capacity and achieved a very good month of production in September”, states Ralph Shearing, president and CEO of Telson.

Minera Penmont rescata y protege biodiversidad de la región de Caborca

Con su Programa de Manejo y Vigilancia Ambiental (PMVA), la unidad minera ha logrado el rescate y reubicación de 24 especies vegetales nativas o endémicas de la región. Entre ellas destacan el 100% de las cactáceas, presentes en el sitio, que son fundamentales como alimento y abrigo para el caso del berrendo sonorense y demás fauna nativa local.

Corrected Press Release – Gold Resource Reports Preliminary Q3 Production Results Including Record Gold Production and 51% Nevada Gold Production Increase

Gold Resource Corporation reports preliminary record Nevada gold production results for the third quarter ended September 30, 2020, which contributed to consolidated production of 12,575 gold ounces, 333,761 silver ounces and significant base metals. Nevada gold production increased by 51% as the production ramp up phase continues.

Excellon Reports Strong Q3 Production Results

“Our operations team performed exceptionally well in Q3 in all areas, managing the restart and delivering record mined tonnage from Platosa, while keeping our people safe through the threat of COVID-19,” stated Brendan Cahill, President & CEO.

Sierra Metals Reports Record Third Quarter 2020 Production Results, as the Production Ramps Up to Full Capacity at All Three Mines

Luis Marchese, CEO of Sierra Metals commented: As we continue to ramp up operations, we have been able to reinitiate on the backlog of exploration and infrastructure projects at the mines. This will help us to improve mine operations and operating efficiencies while continuing to discover and develop mineral resources. We are also proceeding with expansion studies at all mines based on the current large mineral resource levels and probable future discoveries of additional mineral resources at all mines.”

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