Pete Dougherty, President and CEO stated: “We are starting to see the benefits of the operational changes we implemented in late 2019 and early 2020 and expect to see the positive impact of these benefits throughout the balance of the year.”
San Marco’s Executive Director, Bob Willis, states “We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity.”
Endeavour CEO Bradford Cooke commented: “2019 marked our 15th year as a producing mining company. However, it was also a very challenging year for our mining operations, which impacted our sustainability performance. We made sweeping changes at each mine and initiated programs to improve our performance in all areas of the business. As a result, we are already seeing improvements to benefit our sustainability.”
San Marco’s Executive Director, Bob Willis, states “We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity. We intend to aggressively ramp up exploration efforts, with our ‘boots on the ground’ exploration team arriving on site in about three weeks.”
Canuc Resources Corporation announces the closing of a non-brokered Private Placement for gross proceeds of $100,000.
“We are pleased to upgrade to the OTCQB venture marketplace and adhere to the transparency and extra reporting that are required,” said Robert Eadie, President and CEO.
“Phase two drill results from Scarlet continue to demonstrate an increase in mineralized gold grades and wide intervals to the north west near the current mine plan boundary,” stated Mr. Barry Devlin, Vice President of Exploration.
The new cash will be used to finalise drill permitting applications and conduct underground mapping and sampling programs at the San Celso and Los Campos silver projects in Mexico, and will be used to complete the Elizabeth Hill transaction, finalise the compilation of the digital data, update resource modelling and design future work programs for the prospective silver project in Western Australia.
The Company intends to use the net proceeds of the Offering to fund remaining construction and preproduction related expenditures at its Lindero gold project in Argentina and for general working capital purposes.
Paul Benson, President and CEO of SSR Mining said, “The zero-premium merger of SSR Mining and Alacer creates an exciting leading intermediate gold producer with exceptional financial strength, robust margins, strong cash flow generation, and long mine lives that will be run by highly experienced management with a track record of value creation.”
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