Category: Investor’s Corner

James McDonald, President & CEO, commented “We are very pleased to substantially increase our land position surrounding the original Columba project, which continues to yield high-grade silver intercepts from several areas on the property. As a result, the Company believes the newly expanded Columba land package represents an excellent district-scale exploration opportunity that will provide potential for high-grade silver discoveries.”

Xali Gold Corp. is pleased to announce that Sun River Gold has arranged financing of approximately US$6.5M to build and put into operation the planned tailings reprocessing operation.

Dan Dickson, CEO, commented, “We are well positioned to exceed our original full year consolidated production guidance, which has led to the decision to formally revise our annual targets. Our 2021 business plan shows strong performance, which has resulted in higher production than last year, despite suspending operations at the small El Compas mine. This reaffirms an important year of investment into our people and culture programs to ensure the long-term sustainability of our operations.”

Arturo Préstamo Elizondo, Executive Chairman and Interim CFO of Santacruz, commented: “This is a transformational acquisition that creates a leading mid-tier silver producer in the Americas. The Transaction represents a unique opportunity to significantly enhance our portfolio of operations – it is highly accretive on all key metrics and the transaction structure allows the Company to finance the majority of the acquisition via the cash flow generated by these Assets.”

“We had a very strong quarter with total production achieving a new record of 7.3 million silver equivalent ounces representing a 14% increase compared to the prior quarter,” said Keith Neumeyer, President and CEO.

James Anderson, Chairman and CEO of GSilver commented, “We have achieved yet another significant milestone – on track, on time and on budget – with the recommissioning of our El Cubo mill. I congratulate all of our team members on executing this noteworthy achievement so rapidly.”

Warren Rehn, President and Chief Executive Officer of the Company, commented on the third quarter production figures. “Q3 was the first quarter of full production for Rodeo and the mine has exceeded expectations in terms of gold ounces produced. Our operations team has demonstrated exceptional ability to execute and follow through with our mining and processing plan. Given the excellent results this quarter, I expect we will close the year at the high end of our production guidance.”

Mr. Baker continued, “Hecla is the United States’ largest silver miner producing 40% of all the silver mined in the U.S. With this quarter’s performance, we are not only the largest but also demonstrate the strength of our operations in this lower silver price environment with approximately $10 million added to our cash balance, despite the semi-annual interest payment made this quarter and some one-time cash transactions.”

“The march towards first gold pour continues at Camino Rojo and the team is focused on achieving this important milestone by year end”, said Jason Simpson, President and Chief Executive Officer of Orla Mining. “While the rate of construction advance has been impressive, I am most encouraged by the diligence exhibited by our team in maintaining a safe and healthy operation during this intensive and challenging period”.

Fortuna Silver Mines Inc. reports production results for the third quarter from its four operating mines in the Americas and West Africa, the Lindero Mine in Argentina, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Yaramoko Mine in Burkina Faso.