Silver Dollar Resources Inc. is pleased to announce it has hired Mark Malfair as Country Manager to work alongside the Company in guiding future exploration efforts at the La Joya Silver Project in Durango, Mexico.
“In spite of the devastating pandemic which has hit Mexico very hard, our operations are ongoing without major issues. This is mainly due to the discipline of our work force, our management team’s commitment to the health of our workers and the respect for the rules and measures taken by the Mexican Government,” reported Salvador Garcia, Chief Operating Officer of the company.
“We remain extremely confident in the merits of our NAFTA and TFJA cases, and with this funding we are prepared to take both actions to their full and final conclusions, if necessary. It is unfortunate that we are being forced to fight these legal battles to counter the unlawful actions of Mexico’s previous political administration; actions that have deprived the citizens of Mexico from realizing the substantial societal and economic benefits that the ExO Phosphate Project will deliver.”
Equinox Gold Corp. reports that the community blockade at the Company’s Los Filos Mine in Mexico has been removed and access to the mine has been restored. Los Filos has begun a staged restart and is working toward achieving full operations in December. Workers will resume their duties only after testing negative for COVID-19.
The Technical Report, dated effective November 13, 2020, is titled “NI 43-101 Technical Report Mineral Resource Estimate on the El Cobre Copper-Gold-Silver Property Veracruz State, Mexico” and is available under the Company’s profile on SEDAR (www.sedar.com).
“This quarter was one of our best in years, with record tonnage, excellent metal recoveries and solid cost reductions, all in a rising metal price environment,” stated Brendan Cahill, President and CEO.
Great Panther Mining Limited has temporarily suspended operations at the Topia mine in Mexico due to the detection of COVID-19 among the workforce. The health and safety of employees, contractors, and host communities remains a priority.
“After a thorough process, Telson and Trafigura have established a Mexican trust mechanism which secures Trafigura’s loans. This now allows Telson to rapidly advance funding plans to secure the necessary capital to complete the construction of its partially built Tahuehueto gold mine project.” states Ralph Shearing, CEO…
Rodrigo Barbosa, CEO of Aura, comments: “We at Aura are very pleased with both our quarterly results and the new trajectory for the company. Not only did we start this quarter with a successful IPO in Brazil, significantly strengthening our balance sheet and our support base, but also we delivered on our promises: Stronger production, lower cost and continued profit growth.”
Red Oak Mining Corp. has closed, on an oversubscribed basis, its previously announced non-brokered private placement financing. The Company issued 10,423,500 units at a price of $0.10 per Unit for gross proceeds of $1,042,350.00.
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