“Parral had another great quarter, generating $6.3 million in free cash flow and $13.0 million for the first six months of the fiscal year, which is being reinvested into Los Ricos, which we believe will generate great value for our shareholders,” Brad Langille, President and CEO stated.
Cesar Gonzalez, Chief Executive Officer of Sailfish states that, “the receipt of the final cash payment from the Transaction and the first delivery from the San Albino gold stream will further bolster the Company’s balance sheet and provide the means to continue repurchasing shares, facilitate the planned spinout of the Gavilanes silver property and explore paying a dividend.”
Taj Singh, President & CEO, states: “The objective of our PEA is to establish Cordero as one of the largest producing and longest mine life primary silver mines in the world with costs in the bottom half of the industry cost curve.”
Endeavour CEO Bradford Cooke commented: “In the face of a global pandemic, our people came together not only to resolve new challenges but also capture new opportunities and create a more sustainable future for the Company. We did not just survive a difficult year, we thrived thanks to our ability to unite in the face of adversity.”
On the San Antonio project in Sonora Mexico, Osisko Development has initiated a drill campaign to confirm and expand on the Sapuchi gold deposit. They have also initiated metallurgical tests and engineering design to advance the treatment of the gold stockpile mined by the previous operator.
The proceeds of the Placement will be used to fund continued drill programs on the Company’s silver-gold exploration projects in Durango and Zacatecas States, Mexico, and for working capital.
Nomad Royalty Company Ltd. is pleased to announce that all of the nominees listed in its management information circular dated April 7, 2021 were re-elected as directors at the Company’s annual and special meeting of shareholders held yesterday in a virtual format.
“The Terronera feasibility study is on track for completion in the 3rd quarter and exploration is ongoing at each of our mines and projects to test highly prospective targets. We have a busy year ahead, as our attention turns to developing our next core asset at Terronera.”
Vincent Metcalfe, CEO and Chair of the Board of Directors of Nomad stated “Our portfolio delivered a strong first quarter of gold and silver production and represents a great start to the year.”
“We have long admired the quality of Victoria’s Eagle asset and its recent success in ramping up operations.”
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