Torex Gold Resources Inc. announces that it will release its first quarter 2020 financial and operational results early morning on Wednesday, May 6, 2020, followed later in the morning by a conference call hosted by senior management.
“Construction and exploration drilling continue at the Juanicipio Project. We are fortunate that all the major process equipment has been delivered to site,” said George Paspalas, President and CEO. “Corporately, we are making appropriate changes to the way we are conducting business to ensure continuity whilst considering the health and well being of our people and business partners.”
Millrock President & CEO commented: “While it’s disappointing to have to curtail the drilling program, the safety of our people is always paramount. We are very pleased that the first drill hole of the program intersected significant quartz veining with pyrite and arsenopyrite with trace amounts of bismuthinite. These sulfide minerals are often associated with gold in the area and we will await the assay results with great anticipation!”
Mr. Pedro Villagran-Garcia, President & CEO, announces that Tamino continues to be hard at work. We have had a fast start to 2020 with excellent results in the first and second quarters through the collective group initiatives of sourcing new acquisitions and pursuing diligent financing to become current on OTC Markets.
“Our exploration efforts in 2019 were successful at replacing mine depletion at San Dimas and improving resources at the Ermitaño project near Santa Elena,” stated Keith Neumeyer, President and CEO.
Igor Gonzales, President, and CEO of Sierra Metals stated:“I am very pleased with the Company’s performance in 2019, which was a pivotal year as we achieved some key milestones towards the future expansions in Mexico and Peru.”
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., have each recommended that shareholders approve the proposed acquisition by Excellon of all of the issued and outstanding shares of Otis by way of a statutory plan of arrangement.
Argonaut Gold Inc. and Alio Gold Inc. are pleased to announce that they have entered into a definitive agreement for an at-market merger whereby Argonaut will acquire all of the issued and outstanding shares of Alio.
Chris Ritchie, President, remarked, “We are thankful to report that there are currently no known cases of COVID-19 for any of our employees, contractors, their families in the communities near the Las Chispas Project. We are monitoring the situation and are proactively working with our people and community. We feel strongly that our local presence and activities alongside the government are critically important as we seek to prioritize health and safety where we live and work.”
Aura Minerals Inc. and Para Resources Inc. are pleased to announce that, further to the joint press releases issued by Aura and Para on February 10, 2020 and March 9, 2020, Aura completed the purchase of all of the issued and outstanding shares of Para’s wholly-owned subsidiary Z79 Resources, Inc. on March 27, 2020. Z79 owns through Gold Road Mining Corp. the Gold Road Mine located in Arizona and various options to acquire parcels of land adjacent to the Gold Road Project, among other things.
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