Category: Investor’s Corner

Alien Metals To Raise GBP275,000 To Fund Exploration Activities

The new cash will be used to finalise drill permitting applications and conduct underground mapping and sampling programs at the San Celso and Los Campos silver projects in Mexico, and will be used to complete the Elizabeth Hill transaction, finalise the compilation of the digital data, update resource modelling and design future work programs for the prospective silver project in Western Australia.

Fortuna Announces US$60 Million Bought Deal Financing

The Company intends to use the net proceeds of the Offering to fund remaining construction and preproduction related expenditures at its Lindero gold project in Argentina and for general working capital purposes.

First Mexican Gold Completes Acquisition of Golden Giant Project

First Mexican Gold Corp. is pleased to announce that further to its press release of April 28, 2020, the Company has received approval from the TSX Venture Exchange and has completed the acquisition of a 100% interest in the Golden Giant project, located in the James Bay lowlands area of the northwestern region in the Province of Quebec.

Pan American Silver Releases 2019 Sustainability Report

“The 2019 Sustainability Report is our tenth published report, and shares our vision of sustainability and our progress towards our sustainability goals and initiatives. The 2019 Sustainability Report also marks Pan American Silver’s 25th year of operations. Throughout our history, we have been committed to the principles of sustainable development and conducting our activities in an environmentally and socially responsible manner,” said Michael Steinmann, President and CEO.

Endeavour Silver Reports Financial Results for the First Quarter 2020; Earnings Conference Call at 10am PDT (1pm EDT) Today

Bradford Cooke, Endeavour CEO, commented, “We are gratified to see that our operational performance improved significantly in the First Quarter, compared to both Q1 and Q4, 2019, in-line with our guidance prior to the government mandated suspension of mining operations. Notably, consolidated cash cost declined 37% year on year, reflecting the success of our operational turn-around and transition to higher grade orebodies at Guanacevi. All-in sustaining cost fell 5%, reflecting the elevated sustaining capex we invested to achieve a similar turn-around at Bolanitos over the next three months.”

Great Panther Reports First Quarter 2020 Financial Results

“We delivered significant growth in revenue, mine operating earnings and operating cash flow in the first quarter of 2020 as a result of the acquisition of Tucano last year. The team achieved a significant advance in stripping at Tucano completing a 36% increase in waste movement over the prior quarter which is strongly supportive of our guidance for 2020 and positions us well for 2021,” stated Rob Henderson, President and CEO.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.