Category: Investor’s Corner

Chief Executive Officer Tom Palmer said: “Around the globe, we have implemented controls at our operations and offices to put the health, safety, and overall wellbeing of our people and communities above all else. We have been working closely with host governments and communities to implement strict safety protocols at our sites with physical distancing and reduced workforce presence. We are also implementing the provision of hygienic and other critical supplies and training and, in certain cases, pre-emptively ramping down operations to safeguard vulnerable communities, or placing operations in care and maintenance to align with government efforts.”

Discovery Metals Corp. announces that it has divested its 100% interest in the Congress Property, located in British Columbia, to Talisker Resources Ltd.

The Company raised gross proceeds of C$734,150 from the sale of 6,117,917 units pursuant to the private placement at price of C$0.12 per Unit.

Kevin Drover, Chair of the Board of Directors, commented, “We are delighted to welcome Peter, who brings strong mine technical and operational skills to our Board. We look forward to benefiting from Peter’s insights as we advance the Revenue Virginius mine to production.”

“We are excited that Andrew has decided to join Orla as we enter our next phase of growth. Andrew’s extensive construction and operating experience will be a great asset as we build our first gold mine in Mexico. We continue to emphasize a culture based on care and capability, and Andrew’s style and experience will be a great complement to the team”, commented Jason Simpson, President and Chief Executive of Orla.

“We had a solid start to the year, achieving production growth supporting our 2020 annual guidance, completing a strong advance in stripping at Tucano which will benefit production later in 2020 and in 2021, and commencing our exploration programs,” stated Jeffrey Mason, Interim President & CEO. “We remain well positioned to deliver on our 2020 objectives while keeping our workforce and communities safe by proactively and collaboratively working with local, state and federal authorities in managing the ongoing challenges of COVID-19.”

Igor Gonzales, President and CEO of Sierra Metals, commented, “Our team continues to be focused on the health and safety of our workforce, and as such, we will continue only to maintain a smaller workforce to oversee the critical aspects of operations. The primary goal of this essential crew is to facilitate a quick and efficient ramp-up back to normal levels once the state of emergency is lifted. Processes relating to any permitting applications continue to be deferred during the state of emergency.”

Bradford Cooke, Endeavour CEO, commented, “Even though our foremost concerns at this time are the health of our employees, safely managing the COVID-19 pandemic risk and the care and maintenance of our mining operations, Endeavour delivered solid Q1, 2020 performance at our mining operations. We met production guidance prior to suspension, Guanacevi neared completion of its operational turn-around and Bolanitos and El Compas continued to make good progress.”

“While we have no confirmed cases of COVID-19 in the Company, the safety and the health of our employees, contractors, and communities is our top priority in this unprecedented time. All essential employees for this operation will follow safety protocols and precautionary measures. This is a rapidly evolving situation and we will take further action based on the best available information” said Anthony Balic, Interim CEO.

“Centerra’s decision not to accept our offer confirms that Centerra recognizes the substantial value of the Hardrock Project and is inconsistent with its refusal to make a Positive Feasibility Decision in connection with the Project”, said Ewan Downie, President and CEO of Premier.