Category: Investor’s Corner

Torex Gold Provides Update on Timing of Morelos Technical Report

Jody Kuzenko, President and CEO of Torex, stated: “All of our work related to Media Luna is very much on track – the progress of the feasibility study itself, the infill drilling program, the early works program, and the permitting. Our decision to reschedule the release of the updated Technical Report will result in a more robust economic study that is based on the most timely and complete information – one that we are confident will demonstrate a smooth transition between the ELG open pits and the ramp-up of Media Luna.

MAG Silver Announces the Appointment of Susan Mathieu as a Director

“We are very pleased that Susan has joined our Board,” said Peter Barnes, Chairman of MAG. “She brings extensive operations and health, safety, environmental and community expertise to our Board, along with wide-ranging business and governance experience, all of which furthers our ability to enhance shareholder value.”

Excellon Delivers Strong Q4 2020 Silver Production

Our Platosa Mine continued to deliver strong production in Q4 2020 after our restart of operations in late Q2, with another quarter of near record mined and milled tonnage,” stated Brendan Cahill, President & CEO. “The numerous improvements we have made to the operation are bearing fruit and we continue to identify additional areas for optimization.”

Riverside Resources Provides Corporate Outlook for 2021

Riverside’s President and CEO, John-Mark Staude, stated: “2020 was a challenging year for the world and yet Riverside was lucky to have strong projects, a strong local team, and partners to work through the year such that we are set up exceptionally well entering 2021.”

Newmont Announces $1.0 Billion Share Repurchase Program

“Our share repurchase program demonstrates the confidence we have in our world-class portfolio and disciplined operating model to provide industry-leading returns to our shareholders,” said Tom Palmer, President and Chief Executive Officer.

Great Panther Achieves 2020 Guidance with Production of 150,051 Gold Equivalent Ounces

“We delivered on our 2020 production guidance and produced more gold last year than in 2019, despite the challenges of COVID-19. Our teams in Brazil , Mexico , and Peru did a tremendous job prioritizing health and safety, while still achieving profitable production and executing our exploration programs”, stated Rob Henderson , President and CEO.

New Gold Reports Fourth Quarter and Annual Operational Results; Achieves Annual Production Guidance

“During the year, we repositioned the Company for long-term success as we transition to free cash flow generation in 2021. We improved our operational and cost performance, executed on our strategic capital plans, restructured our balance sheet and improved our liquidity position and we have shifted our focus to driving further operational and cost optimizations at both our assets.”

VanGold Engages Behre Dolbear for PEA on El Cubo Purchase

VanGold Director Hernan Dorado Smith said: “Having spent four days in Guanajuato with the Behre Dolbear team in November 2020, both at El Pinguico and at El Cubo, we are impressed with their experience, hard work, and professionalism. We look forward to a long business relationship with them.”

Torex Gold Provides 2021 Operational Outlook

“2021 is all about setting the foundation for our future. As expected, our guidance for production, cash costs and sustaining capital is similar to years prior. The guided increase in non-sustaining capital expenditures year-over-year reflects strategic investments, including Media Luna, expanded development and exploration at ELG underground, a scoping-level study for a layback within the El Limón open pit, and ongoing field testing of Muckahi.”

Mexican Gold Private Placement with Lead Order From Palisades Goldcorp

The Private Placement, subject to acceptance by the TSX Venture Exchange, will raise aggregate gross proceeds of $1,400,000 to be used for exploration and advancement of the Company’s Las Minas Project, payment of outstanding invoices, and for general working capital.

Reyna Silver Announces Grant of Stock Options

Reyna Silver Corp. announces the grant of incentive stock options for the purchase of an aggregate of 502,400 common shares to consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan.

Hecla Announces 2020 Production and Cash Position

“Despite the challenges of operating during the pandemic, 2020 marked a year of very strong operational performance with silver production significantly exceeding guidance,” said Hecla’s President and CEO, Phillips S. Baker, Jr.

Almaden Comments on Media Reports

The Company wishes to confirm that the case pertaining to its Ixtaca mineral claims is not being heard at the Supreme Court level and therefore this reported ruling cannot relate to the Company’s Ixtaca project.

Kootenay Reports on 2020 Milestones and Outlines Strategic Plans for 2021

During the past year, the Company completed two large drill programs totaling over 13,000 meters, collectively on the Columba and Copalito properties. Based on the results seen to date, both projects hold great promise for the discovery and development of a classic high-grade silver or silver and gold vein deposits, respectively.

Tarachi Gold Provides Review of 2020 and Outlook for 2021

Cameron Tymstra, President and CEO of Tarachi Gold, commented, “This past year was one of foundation building for Tarachi. The Company secured two option agreements totalling 3,708 ha of highly prospective gold claims in the Sierra Madre belt of Sonora, Mexico and signed a letter of intent for the Magistral Mill and tailings with potential to transform the Company into a near term producer of gold.”

Mammoth Announces $600,000 Private Placement Financing

The use of proceeds from this financing will be used to primarily fund the Company’s PhD geologist review of the Tenoriba project, fund 3D modelling of combined historical IP-Mag geophysical, surface and drill data, an infill IP/Mag geophysical survey on the 60% of the mineralized area on the project not covered by the historical survey and perform some confirmation mapping and sampling, which Company geologists feel are necessary prior to the selection of drill targets as part of its 50-hole, 7,500 metre drill program.

Canuc Resources Corp. – 2020 Year in Review

On January 11th, 2021 Canuc announced the results of a drone-supported magnetic survey conducted over the Company’s claims. The magnetic survey has identified 3 large magnetic anomalies each of which is 600 meters in width and with lengths ranging from 600 meters up to 1,000 meters.

Telson Reports Campo Morado Q4 2020 Production

“Management is delighted to see steady improvements with Campo Morado operations as a result of the dedication and hard work of all management and personnel at the mine site”, states Ralph Shearing, President & CEO, “Operations have achieved significant increases in throughput and concentrate production in an environment of increasing metal prices which is positively affecting revenues. Telson is looking forward to an excellent year ahead during 2021 from its Campo Morado mining operations.”

Prime Mining Makes Payment to Vista Gold Corp.

Prime Mining Corp. has made payment of $1.1 million to Vista Gold Corp. as per the terms of the acquisition of the Los Reyes Gold-Silver Project, located in the State of Sinaloa, Mexico.

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