Category: Investor’s Corner

Stephen Orr, Chief Executive Officer, stated “CLG’s impressive Q2 mine and plant performance produced record results. Mine development during Q2 accessed the expected higher-grade ore forecast to be mined during 2021 and the plant production averaged a record 2,535 tonnes per day, above the design capacity of 2,500 tonnes per day. Record recoveries for silver, lead and zinc achieved in the quarter were also well above design.”

James McDonald, President and CEO, comments “We are working to update the mineral resource estimations and evaluate the potential economics of the two most advanced projects, La Cigarra and La Negra (Promontorio). Mr. Smit is well known for his experience and expertise in advancing projects from resource estimation through to feasibility and construction and we look forward to drawing on his expertise as we move these projects forward.”

“Parral continues to be an engine of free cash flow, generating in excess of US$5.5 million this quarter. We finished the quarter with a strong cash balance of over $73 million US,” said Brad Langille, President and CEO.

“I am very pleased that this agreement could be signed,” stated Americas Gold and Silver President & CEO Darren Blasutti. “Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories.”

Jeremy Bond commented on the reason for Terra Capital increasing its shareholding in Empress: “Since its inception less than one year ago Empress has developed a unique business strategy and transformed itself through the creation of three new royalties and streams on development stage projects.”

“This decision is incomprehensible from a legal and factual perspective and is founded upon a circumstance that never existed,” stated Brendan Cahill, President and CEO.

Altaley Mining Corporation is pleased to announce that it has retained Venture Liquidity Providers Inc. to initiate market-making services to aid in maintaining an orderly trading market and improving the liquidity of Altaley’s common shares.

Brad Marwood, Managing Director of CZL advised “The issues with the mill are disappointing particularly after an independent prepurchase inspection was commissioned. But the performance of the site team who have addressed each issue and have a plan to improve plant availability and plant utilisation, is pleasing and positive. Once completed the modifications and refinements are expected to deliver superior performance.”

Darren Pylot, Capstone’s President and CEO commented, “Our 2020 Sustainability Report reaffirms our unwavering commitment to sustainability and is a reflection of the key role that sustainability improvements play in our business and our long term goal of creating value for all stakeholders.”

“We’re pleased to release our first Sustainability Update which outlines our vision, values, and achievements related to ESG practices. Silver is a metal that is a key component of the emerging green economy. As we remove old mine tailings from within the city of Parral, we produce silver at a low carbon footprint of 0.004 tCO2e per ounce of silver produced,” said Brad Langille, President and CEO.