Category: Investor’s Corner

During this quarter, the Rainy River Mine delivered another strong quarter of operational and technical performance. Mine operations ramped up towards the 2021 target capacity of approximately 150,000 tonnes per day and the mill delivered a record of 27,000 tonnes per day, reaching the maximum monthly average throughput allowable under the existing mill permit.

“Silver Spruce Resources is excited to add Greg as the Company’s Vice-President, Exploration. I have known him for several years and find his experience, judgement and ethics to be of the highest order. He brings considerable expertise as we advance our projects in Ontario and Mexico,” said Dr. Brian Penney – Chairman & CEO.

Comet Resources has wasted no time at its Santa Teresa gold project in Mexico, unveiling a high-grade maiden resource for the project, tipping the scales at 369,000 tonnes at an impressive 7.47 g/t gold. This initial estimate perhaps understates the potential of the deposit which hosts a wealth of high-grade intercepts and has only been drilled to 300m depth.

“Los asuntos que me trataron, de que están cerrando las minas y están dejando sin trabajo a la gente, desde aquí, desde Parral, hago un llamado respetuoso –porque sé que es un empresario con dimensión social–, le hago un llamado a Carlos Slim que tiene esa mina para que no la cierren y para que no deje sin trabajo a la gente”, dijo López Obrador este sábado.

Greg McKenzie, President and CEO commented, “Application and admission to the OTCQB is part of our long-term strategy to grow our shareholder base in the United States, a market that traditionally has a strong demand for investment in silver. We have also taken recent steps to attract investors from Markets in Asia through disseminating translated materials and participating in the GCFF Virtual Conference”.

“In Mexico, both mines reported a full quarter of operations despite challenging conditions related to controls in place for COVID-19. All in, the mines are operating well, while we continue to put the health and safety of our people and communities first and foremost.”

La mexicana Minera Frisco , del grupo de empresas del magnate Carlos Slim, convocó el miércoles a una asamblea extraordinaria para el 23 de octubre, en la que pondrá a consideración de sus inversionistas la fusión con Minera CX, una de sus unidades de negocio.

“This was the right time to do a reverse split. The company has had to use convertible loans and share offerings to keep the business moving forward. I believe that the need for future loans and the risk of additional dilution is now ended given our recent discoveries. I also believe that the combination of less shares in the market along with our recent findings will allow the stock to move to a much higher level which will be a true representation of the company’s value.” added Mexus CEO, Paul Thompson.

“Hecla’s strong operating performance was from increasing silver production at Greens Creek and Lucky Friday and managing COVID-19 at all the mines,” said Phillips S. Baker, Jr., President and CEO.

Bradford Cooke, Endeavour CEO, commented, “After riding out a challenging Q2 with our mining operations suspended for more than half the quarter, due to the government COVID-19 mandate, our operations team were able to deliver a return to our production plan in Q3, 2020. I commend all of our employees for quickly and fully embracing our COVID-19 precautionary measures to prevent contagion at our mine sites.”