Santacruz Silver Mining Ltd. announces that it has closed two shares for debt transactions pursuant to the terms of debt settlement agreements entered into with Empresa Minera Manquiri, S.A. and Minas Güilloyna, S.A. de C.V., respectively, as previously announced on June 7, 2021.
“I am happy to highlight Altaley’s Q2 2021 Campo Morado production results where our operations team have achieved significant increases to net revenue and metal recoveries,” states Ralph Shearing, CEO & President.
The purpose of the metallurgical work is to further investigate the best recovery process for La Negra mineralization. Results from the Program will be used by the Company to advance La Negra along the path towards an initial mineral resource estimate and a preliminary economic assessment.
Riverside’s President & CEO, John-Mark Staude : “We are pleased to work closely with BHP’s geoscientists and their exploration group as the porphyry copper targets we have identified continue to progress towards drilling.”
Canasil Resources Inc. announces that the newly designed website covering the Company’s Silver-Gold-Copper discovery program in Mexico and British Columbia, Canada, is now on line.
“The end of Q2 marked a major milestone for the Magna Gold team. We achieved commercial production on schedule and had our highest production total in the month of June. We are seeing production ramp up every day and look to end the year producing ~7,500 oz Au per month.
The net proceeds from the Offering will be used for development activities at the Camino Rojo Oxide Gold Project and at the Cerro Quema Oxide Gold Project, exploration activities, technical studies on the Camino Rojo Sulphide Project, and for general corporate purposes, as further detailed in the prospectus supplement.
“While we are still very committed to and enthusiastic about our gold projects in Mexico, we couldn’t pass up the opportunity to acquire such an exciting gold exploration play in Newfoundland where recent exploration successes have already defined two new gold deposits and several discoveries,” stated Joanne Freeze, President and CEO of Xali Gold.
“I am pleased to report that mining of ore has resumed ahead of schedule in the Urucum Central South pit as the conditions affecting the stability of the west wall have improved significantly,” stated Robert Henderson, President and CEO.
The Board and Management of Sierra Metals continues its evaluation of strategic alternatives and expects to provide an update, at the latest, as part of its scheduled Q2 Consolidated Financial Results call on August 10, 2021.
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