Category: Investor’s Corner

In December we started our highly anticipated diamond drill program, which now has been expanded from 10,000 metres to 15,000 metres, intended to upgrade and expand the current resource and test high-potential targets defined by our surface mapping and core re-logging program.

Canada Metals is a private Australian company backed by Melbourne-based investment management firm Peak Asset Management Pty Ltd. Inomin welcomes its new Australian shareholders and looks forward to working with Peak on future financing and marketing initiatives.

Chesapeake Gold Corp. is pleased to announce that it has entered into a definitive agreement on December 9, 2020 to acquire Alderley Gold Corp., a private British Columbia mining technology company. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset rights and proprietary databases, creating the path towards a new growth oriented and innovative gold and silver producer. Chesapeake will now focus on progressing the Metates project towards production using the Technology in a heap leach operation.

Luis Marchese, CEO of Sierra Metals commented: “I am very encouraged by the results of this PEA which support the Company’s organic growth strategy and plan to profitably develop and expand the Cusi Mine production rate to 2,400 TPD from today’s capacity of 1,200 TPD, based on current analyst consensus silver metal price estimates of US$20 per oz long-term.”

“This has been a transformational year for Alamos. Operationally, we continue to execute and remain on track to achieve our 2020 production, cost, and capital guidance. We also delivered on several significant catalysts which have solidified our strong outlook. We completed the lower mine expansion at Young-Davidson, transitioned to strong free cash flow generation in the third quarter, and began construction on the high-return La Yaqui Grande project and Phase III Expansion at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.

Radius Gold Inc. reports that it proposes, subject to stock exchange approval, to issue 30,495 common shares in its capital stock at a deemed price of $0.21 per share to the property owners of the Amalia gold/silver project in Mexico, in accordance with Radius’s option to acquire a 100% interest in the project.

“Leveraging Guardhat technology, proven in challenging industrial settings, will speed development of a comprehensive, digital solution sought by mining customers,” Bill Dears, Cat MineStar Solutions marketing manager, said in a release.

IMPACT Silver Corp. is pleased to announce that it has contracted Condor Consulting to re-interpret data from extensive historic geophysical surveys carried out over the southern portions of the large Royal Mines of Zacualpan Project in central Mexico.

Stephen Orr, the Company’s Chief Executive Officer, said “Gatos Silver is a rare silver-focused exploration, development and mining company that discovered a silver-dominant polymetallic district containing 14 zones of mineralization in Chihuahua State, Mexico. Over the last decade, the Company, in conjunction with its joint venture partner Dowa Metals and Mining, has developed and commissioned its first mine on the Cerro Los Gatos zone.”