Category: Investor’s Corner

Inomin Mines Inc. is pleased to announce the hiring of Carlos Torres and Eduardo Ortiz to lead the company’s community relations and project evaluation activities in Mexico.

In Q1, El Gallo produced 1,300 GEOs from residual leaching of the heap leach pad. Operations were briefly disrupted by a blockade of the mine entrance by members of the local community, which has been resolved.

Golden Minerals Company is pleased to announce first quarter 2021 production results from its Rodeo gold-silver mine in Durango State, Mexico.

“We are excited to be working with Telson and our strategic partners to get this remarkable asset into production,” stated Alexandra Woodyer Sherron, CEO and President of Empress.

“Facing ongoing operational difficulties due to Covid-19 in Peru and México, the Company performed relatively well during the first quarter with a 4.5% increase in consolidated throughout as well as record quarterly throughput at Yauricocha. These results were despite of other additional challenges, including a power failure at the Cusi Mine resulting from the large scale power outage originating in Texas.”

The closing of the Empress US$5M Stream is the second stage of a larger US$25 million financing package organized by an investor syndicate with members Accendo Banco S.A. de C.V., Empress Royalty Corp., & Endeavour Financial as detailed in Telson’s February 23rd news release.

Chris Wright, Chairman & CEO, commented: “We are excited to conclude our upgrade and begin trading on the OTCQX, which will give investors better market information, transparency, liquidity, and ease of trading in the company’s stock.”

“We continue to see improved production from Platosa after the changes we made in mid-2020, with our third consecutive quarter of more than 21,000 tonnes mined,” stated Brendan Cahill, President & CEO. “The mine is reaching a good steady state of production, though we continue to see opportunities to improve mill recoveries.”

Mike Struthers, CEO, commented: “This is the start of a very exciting year for Candelaria as we evolve from an explorer to a producer in a little over 12 months, and as we execute an exciting exploration program at the company’s flagship asset in the Caballo Blanco district.”

“After a record-setting previous quarter, silver production in the first quarter came in slightly below budget primarily due to lower average silver grades and an extreme cold weather event in the month of February which reduced milling rates at La Encantada,” said Keith Neumeyer, President & CEO.