Endeavour Silver Corp. announces the appointment of Ernesto Lima, P.Eng., MBA, D.M., as the Director, Project Development to oversee the development of the Terronera and Parral mine projects in Mexico.
The net proceeds of the Offering are expected to be used by the Company for the development, expansion and working capital requirements of the Mercedes and South Arturo mines and the McCoy-Cove project, and for general corporate and working capital purposes and may also be used to reduce indebtedness under Premier’s revolving term credit facility.
We have several projects on our acquisition pipelines within the Mexican Mining Industry in the Precious Metals Sector, including brownfields projects near existing operations, some of the largest undeveloped gold deposits in the Country of Mexico. Negotiate mutually beneficial Joint Ventures with high-quality junior exploration companies.
“The extension and geochemical expression of the Fermin project is similar to distal marble fronts associated to known Cu-Au skarn systems of the Central Andes. These results are highly encouraging to keep our exploration efforts looking for high grade skarn close to the causative porphyry intrusion commented Ruben Padilla, Sable’s VP of Exploration”
First exploration drill holes at the Bananal Target located approximately twenty-two kilometers from Ernesto Plant returned encouraging results. The company is working towards defining resources in Bananal after the next phase of drilling starting in March 2020
“We are pleased to announce that we finished 2019 above the mid-range on production guidance and below the bottom end of the guidance range on cash costs,” said Darren Pylot, President and CEO of Capstone.
PREMIER GOLD MINES LIMITED is pleased to announce that it has launched a marketed overnight public offering of common shares seeking gross proceeds of approximately $33 million.
Intersects 2.23 g/t Gold over 33.0 Metres at the Miller Prospect on the Goldlund Property
Scott Perry, President and Chief Executive Officer of Centerra stated, “In light of the tragic event which occurred at Kumtor in December 2019, we are more than ever committed to ever-increasing our safety efforts. In early January we held our first annual Centerra Gold Safety Week. The entire leadership team including myself travelled to all our sites for a one-day operations stand down to focus on safety at each site.”
“We are very pleased that Selma has joined our Board,” said Jonathan Rubenstein, Chairman of MAG. “She brings extensive legal, governance and safety expertise to our Board, along with wide-ranging business and board experience, all of which furthers our ability to enhance shareholder value.”
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