Mexican law does not allow companies to operate normally while a strike is in place, the U.S. said in a letter to Mexican officials, arguing workers “are being denied the right of free association and collective bargaining.”
“The Bulk Sample process has been extremely important to the understanding of the surface expression of mineralization at Pilar along with defining a path towards optimal gold and silver recovery.” Stated Brodie Sutherland, CEO. “We are encouraged by the strong heap leach results for gold where the data suggests recovery can be improved through increased leaching solution flowrate over a consistent and longer leaching period.”
Commenting on these results, Chairman and CEO, James Anderson said, “For 40 years Industrias Penoles, the largest mining company in Mexico, mined the Argentina vein at Topia. Remarkably, the vein was not pursued to the east of the district, past a significant fault structure; we are very encouraged by these initial results that indicate production potential within 2km of our mill facility from this long-lived precious metals vein system.”
“Infill and expansionary drilling targeting the southern extent of Napoleon continues to intersect high silver and gold grades on both the main vein and its overlapping splay structures,” commented Michael Konnert, President and CEO. “We have now identified several splay veins branching off the main Napoleon structure located within both the footwall and hanging wall that remain open for future expansion.”
Golden Minerals Company announced today that the NYSE American has accepted the Company’s business plan to regain compliance with the continued listing standards set forth in Section 1003(a)(iii) of the NYSE American Company Guide.
“We’re happy with the results from our additional hundred drill holes in the Main zone at Los Ricos South since our initial July 2020 Mineral Resource Estimate, including todays results. We believe they will prove to be quite impactful on our upcoming updated Resource and Preliminary Economic Assessment,” said Brad Langille, President and CEO.
Golden Tag Resources Ltd. is pleased to announce that the Company has filed a technical report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects to update the mineral resource estimate on its 100% owned La Parrilla Project, located 76 kilometres southeast of Durango, Mexico.
Golden Minerals Company announced today that an updated Technical Report has been completed as a Preliminary Economic Assessment for its Velardeña Properties (Durango State, Mexico).
Ernesto Balarezo Valdez, Sierra Metals’ CEO commented: “We are very pleased with the increased mineral resource announced today which is a testament to the hard work of our exploration team as we continue to demonstrate the growth potential at our Bolivar mine. This work is also consistent with our strategy of identifying additional mineral resources at our operating mines to sustain long-term production increases. And it is yet another sign of the momentum we are seeing across our business.”
Sierra Metals Inc. is pleased to announce the appointment of Ms. Wendy Kaufman to its board of directors (the “Board”) as an independent non-executive director, effective August 21, 2023.
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