“The drilling at Palos Verdes this year has been focussed on drilling areas that have not been drilled previously because they were not accessible under our previous environmental permit,” said Craig Gibson, President and CEO of the Company.
Tony Makuch, CEO, states: “We are very pleased to welcome such high-calibre industry professionals that significantly strengthen our board and management team. These new additions bring a long and successful track record in the permitting, construction and operation of large-scale mining projects globally with significant experience working in Mexico. This provides Discovery with a strong foundation built on pertinent industry experience to progress Cordero toward development and operations.”
Endeavour Silver Corp. (NYSE:EXK) (TSE:EDR) has recently received positive ratings from four research firms, according to a report by Bloomberg. These analysts have given the stock a “Buy” rating, indicating their confidence in the company’s performance. The average twelve-month price objective among these analysts is $6.04.
Stocks in Toronto regrouped in a big way Wednesday, enjoying triple-digit gains, led by resource stocks.
Long-established in the Metals & Mining industry, Golden Minerals Co (AUMN, Financial) has enjoyed a stellar reputation.
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.
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