Category: Investor’s Corner

MCEWEN MINING: Normal Operation Restored in Mexico

McEwen Mining Inc. is pleased to report that activities at its El Gallo Project in Mexico have been restored following successful resolution of the concerns raised by members of the nearby communities. A new 10-year agreement has been reached providing additional support to the communities and greater long-term certainty for the El Gallo operation.

Empress Announces Listing of Warrants

Empress Royalty Corp. is pleased to announce that the TSX Venture Exchange has accepted for listing up to 17,250,000 common share purchase warrants of the Company. The Warrants will be listed for trading on the TSXV under the symbol “EMPR.WT” effective at market open on March 30, 2021.

Argonaut Gold Announces 43% Increase in Mineral Reserves to 6.8 Million Contained Gold Ounces and 26% Increase in Measured and Indicated Mineral Resources to 13.1 Million Contained Gold Ounces Year-over-Year

Pete Dougherty, President & CEO commented: “The replacement of depleted Mineral Reserves is a key part of our business strategy. Our strategy is to harvest cash from these operations, replace depleted Mineral Reserves to extend mine lives and focus on executing on our growth projects to transition Argonaut from a high-cost junior producer with relatively short mine lives to a lower cost intermediate producer with much longer mine lives.”

Gatos Silver Reports Fourth Quarter and Year-End 2020 Results and 2021 Projection

Stephen Orr, the Company’s Chief Executive Officer, stated: “This past year was transformative for Gatos Silver. The Company completed the largest precious metals IPO in 2020 on the NYSE and TSX. Despite the pandemic related 45-day temporary suspension of mining activities imposed by Mexico, design throughput was achieved at the CLG mine in late 2020 and the LGJV achieved profitability during the last two quarters of the year.”

Fortuna Updates Mineral Reserves and Mineral Resources

Jorge A. Ganoza, President and CEO, commented: “Reserves and resources at our mines were impacted by a combination of production-related depletion and the suspension of our 2020 exploration programs in response to COVID-19 constraints, which reduced the Company´s ability to replace mined material.”

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