Eurocontrol Technics Group Inc. and Sable Resources Ltd. are pleased to announce that they have entered into an asset purchase agreement dated January 24, 2019, pursuant to which Eurocontrol has agreed to acquire Sable’s mineral resource properties located in the Province of British Columbia and certain related assets all as further set forth therein.
Steve Filipovic, Chief Financial Officer, commented, With two new mining operations currently under construction, and an underground program planned for Cove during the second half of this year, this facility complements the Companys strong balance sheet and positions Premier to execute its aggressive growth plan.
Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the technical report announced December 10, 2018.
Bradford Cooke, Endeavour CEO, commented, We expect to improve our operating performance this year, especially at Guanacevi where the development of two new high-grade orebodies should facilitate higher production and lower costs, and at El Compas, which should achieve commercial production this quarter. However, El Cubo production will scale back to about half that of 2018, in order to give our exploration group more time to explore for new resources.”
Igor Gonzales, President and CEO of Sierra Metals, commented: “I am very pleased with the Company’s strong Q4 production results, which contributed to a solid year of production in 2018. The Company continues to reap the benefits of the successful operational improvement programs at all Mines.
We have encountered significantly higher than anticipated grades and widths at NE-1S from surface, stated Ben Pullinger, Senior Vice President Geology. More importantly, we have identified an open zone to continue expanding the mineralized footprint to the east with our ongoing drilling program during 2019.
Fred Davidson, President & CEO, stated “We are encouraged that Dr. Oliver’s work has advanced our internal geological model and understanding of a potential larger bulk tonnage gold system within our 357km land package. We have large areas of excellent ground to explore and are in production on less than 2% of the land package. We look forward to exploration results that will come from the work recommended by Dr. Oliver.”
Monreal Ávila informó que el año pasado las mineras pagaron 12 millones de pesos del predial, entre ellas Saucito del Poleo y PLC, pero se prevé que este año la recaudación sea mayor porque dichos corporativos han crecido en infraestructura. Es irresponsable manejar una cantidad, pero creo que se va a incrementar, va a aumentar.
A más de un mes del anuncio sobre el despido de 240 empleados de la mina El Cubo y otros 200 de la mina de Cata, Rayas y el Rosario, el secretario general de la Sección 142 del Sindicato de Mineros, Juan Enrique Vargas, continúa en la Ciudad de México negociando que las personas que fueron despedidas obtengan liquidaciones superiores a las que marca la ley.
Octavio Alvídrez, Chief Executive Officer, said: “Record annual silver production and a very strong gold performance does not mask what was a challenging year for Fresnillo. Gold production surpassed the expectations we had at the beginning of the year and is in line with our upwardly revised guidance, driven by a strong performance at Saucito, the successful start of operations of the Pyrites Plant at Saucito and the higher ore grade at the Fresnillo mine.
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