Ron Goguen, President of Colibri stated “Operating our own rig with an experienced crew will reduce our drilling costs, ensure quality meters drilled and guarantee availability for Company purposes.”
“Steady performance at Bolanitos, together with record mill throughput, grade and production at Guanacevi boosted our 2021 consolidated production beyond the upper end of our increased guidance,” said Dan Dickson, Endeavour’s Chief Executive Officer.
Jody Kuzenko, President & CEO of Torex, stated: “With a new annual production record set despite the ongoing challenges associated with COVID-19, our team continues to demonstrate the consistent and reliable results that people have come to expect of Torex, and I am confident that 2022 will bring more of the same.”
On November 11th, Osisko Development announced drill results on the San Antonio project. A total of 27,000 drill meters were completed on exploration and infill drilling on the Sapuchi, California and Golfo de Oro deposits. These three deposits comprise 900 meters of a 3,000 meter long Iron Oxide Copper Gold mineralized trend that ends at the past producing Luz del Cobre copper deposit.
Following the successful re-start of the operations, the Los Braceros mill is now processing just under 1,800 tonnes per day. The Company will provide production guidance for the Cosalá Operations and the Galena Complex for 2022 in February 2022.
Stephen Orr, Chief Executive Officer, stated, “CLG’s record performance in Q4 reflects the progressive enhancements to processing and mining productivity throughout 2021. Improvement initiatives included continual refinements to the mining cycle which allowed the mine to increase daily production to more than 2,600 tonnes per day by year-end.
Starcore International Mines Ltd. announces the appointment of Pierre Alarie as President and a director of the Company. Mr. Alarie’s appointment signals Starcore’s expanded direction as it positions the Company for strategic leadership and growth.
Rockland’s CEO, Mike England stated “With work permits in place and now surface access secured we are excited to move ahead on the Elektra Claystone Lithium Project in Mexico. Global demand for battery metals is at an all time high so our focus will be to advance Elektra expeditiously in 2022.”
“Sun River is a great partner to have on our El Oro Tailings Project in Mexico and has the confidence of investors to finance them into production. Their agreement to start advance NPI payments is another indication of confidence that production is not too far away now,” states Joanne Freeze, President and CEO for Xali Gold.
“We’re raising the bar for ourselves,” says Dan Dickson, CEO. “We want to deepen our sustainability commitments and elevate our performance in areas that matter most to our stakeholders and our business. These are areas where we’re channeling our energy, increasing our investments, and increasing our efforts to deliver meaningful progress toward a more sustainable future.”
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