ORLA MINING LTD. is pleased to announce the voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held today.
The net proceeds from the sale of the Common Shares will be used for working capital and general corporate purposes, primarily the exploration, development and/or improvement of the Company’s existing mine properties, including those relating to bringing Relief Canyon into commercial production.
Vizsla Resources Corp. announces that it has renegotiated the terms of the Rio Panuco option agreement. Under the terms of the revised agreement, the option will be extended by one year. Additionally, the Silverstone option period has been extended into 2022 and the total Panuco mining district option payments between now and the beginning of 2022 will be reduced by over USD$4,100,000 from USD$5,634,500 to USD$1,480,000.
The Company intends to use the net proceeds of the Offering to fund the development of the La Virginia project in Sonora, Mexico, and for working capital and general corporate purposes.
“Since the outbreak was first detected, we have mobilized our scientific, regulatory and commercial teams to support virus analysis, identification, deployment of personal protective equipment as well as development of therapies and vaccines,” said Marc N. Casper, chairman, president and chief executive officer of Thermo Fisher Scientific.
Excellon Resources Inc. announces the Company will postpone the filing of its interim financial statements and management’s discussion and analysis for the three-month period ended March 31, 2020.
Galore Resources Inc. is pleased to announce that it will begin a non-brokered private placement to raise gross proceeds of up to CDN $200,000.
Christian Milau, CEO of Equinox Gold, stated: “Exploration efforts at Aurizona in 2019 successfully replaced mined reserves and increased mineral resources with the addition of a maiden open-pit resource at Tatajuba. Exploration at Aurizona during 2020 will focus on adding further resources along the Piaba trend, expanding the Tatajuba resource and upgrading inferred resources to indicated in the Piaba underground area to support a pre-feasibility study for the potential underground mine. Collectively, these endeavours are focused on extending the mine life, optimizing operations and increasing annual production at Aurizona.”
Pete Dougherty, President and CEO stated: “We are starting to see the benefits of the operational changes we implemented in late 2019 and early 2020 and expect to see the positive impact of these benefits throughout the balance of the year.”
San Marco’s Executive Director, Bob Willis, states “We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity.”
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.
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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