Category: Investor’s Corner

Christian Milau, CEO of Equinox Gold, commented: “Equinox Gold had a solid second quarter with strong performance from the Brazil mines, significant development progress at both Santa Luz and Greenstone, and completion of the stripping campaign at Mesquite to open up the higher-grade Brownie deposit. With Mesquite now stacking ore from Brownie and operations at Los Filos restored, production should be significantly higher in the second half of the year at lower costs.”

Philip O’Neill, CEO and Director of Mexican Gold stated: “We are delighted with the economic results for our Las Minas project which is based off our drilling to date at Las Minas. This PEA study demonstrates robust economics with modest initial capital and positive economic returns for the development of an initial mining operation at Las Minas.”

In Q2, El Gallo produced 1,300 GEOs from residual leaching of the heap leach pad. Incremental residual leaching cost for the period was $2.7 million. The residual leaching activities at El Gallo are expected to wind down in early 2022.

Ms. Flores is the CEO of the Mining Chamber of Mexico, which represents the interests of the country’s mining-metallurgical industry. In June 2020, Forbes Mexico recognized Karen as one of the 100 Most Powerful Women in Mexico for her ground-breaking leadership in the mining industry. She is also an advisor for the Chamber of Commerce of Canada in Mexico (CANCHAM), where she chairs the Integration Caucus and the Women Building Business committee. She is part of the founding group of WIM Women Mexico, a subsidiary of Women in Mining International.

Galore Resources Inc. wishes to inform its Shareholders and prospective investors that we are aware of the pending amendment to the SEC Rule 15c2-11 that will require companies quoted on the US market to disclose current information on a continuous basis, effective September 28, 2021.

MAG Silver Corp. is pleased to announce that Mr. Dale Peniuk has joined the Company as a member of its Board of Directors.

Equinox Gold Corp. is pleased to report that the community blockade at the Company’s Los Filos Mine in Mexico has been removed and the Company has resumed regular operations in all areas of the mine.

Orogen CEO and President Paddy Nicol commented “Mr. Quigley brings a unique skillset to Orogen’s board that will greatly benefit the strategic guidance of the Company. Justin has considerable experience in strategic planning, negotiation, and legal affairs with RTX Americas, and this has been demonstrated through over 100+ transactions with a variety of exploration and mining companies. We welcome Justin to our board and look forward to working with him.”

Octavio Alvídrez, Chief Executive Officer, commented: “I am pleased to report a strong financial result in the first half. The combination of improved production performance and higher precious metals prices has seen a sharp increase in profitability during the period. This in turn, has enabled us to declare a dividend of US$73.0 million to shareholders, while continuing to invest in both our development and exploration projects.”

“We are delighted to welcome these highly qualified and knowledgeable executives to our Board,” said Richard C. Adkerson, Chairman and Chief Executive Officer. “Marcela and Sara each have proven track records in business, finance, financial accounting and controls, and corporate governance.”