“With the surface rights agreements in place, we look forward to starting our inaugural exploration campaign on the Nora property once the drilling permit is received,” said Michael Romanik, president of Silver Dollar. “Multiple drilling contractors have visited the Property, and we are currently evaluating their bids.”
Dr. Craig Gibson, President and CEO, commented: “Exploration over the last year and a half has identified several robust exploration targets at Los Pavitos. We are looking forward to drilling the particularly prospective Santa Cruz and Las Aurus areas as well as other mineralized zones.”
Ron Goguen, President & CEO commented: We have been focussed on our Caborca Gold Belt properties over the last few months and are pleased to be getting back to the Sierra Madre and our Diamante property. We will be further assessing existing targets & developing new ones with a grass-roots approach. Furthermore, Colibri will be assessing and prioritizing targets and work programs across our complete property position in the Sierra Madre epithermal belt which includes the Diamante, Mezquite, and Jackie properties.”
Kootenay’s President & CEO, Mr. James McDonald elaborates, “The ongoing surface mapping and prospecting at Columba continues to increase our understanding of this caldera hosted, silver-dominant epithermal vein system. Our team continues to identify and refine extensions of known mineralized veins and our work has also identified new veins, as yet undrilled.”
“Significant progress has been made at Plomosas as the team nears operational status at the mine. Since closing the acquisition of Plomosas, our experienced team is nearing a major milestone with all rehabilitation efforts in the final stages both on time and within budget. We are excited to bring the mine and plant back online after a near one year hiatus”. said IMPACT Silver President & CEO Fred Davidson.
“We are excited to report these high-grade mineralization intercepts at Palos Verdes. What makes these results even more significant is that they come from drill sites that were not previously accessible for drilling,” said Dr. Craig Gibson, President and CEO of the Company.
“Our understanding of the La Republicana Zone has been greatly advanced, and these initial step-out holes are a great start to this phase 2 drilling, building up a decent sized mineralized zone close to the surface with very economic grade oxide gold,” said Reyna Gold CEO Michael Wood.
Jody Kuzenko, President & CEO of Torex, stated: “Development activities related to the Media Luna Project continued to advance well during Q2 with the project remaining on budget and on schedule. At quarter-end, Media Luna was 35% complete across engineering, procurement, underground development, and surface construction.”
“Agnico Eagle delivered another strong operational quarter, with record quarterly gold production and better than expected costs driving solid financial results. With this excellent start to the year, we are tracking very well to meet our annual production and cost guidance. I would also like to commend our team for one of the best quarterly safety performances in the Company’s history,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
“We delivered a record performance in the second quarter on multiple fronts. Operationally, we produced a record 136,000 ounces, exceeding quarterly guidance, at costs consistent with annual guidance. This was driven by another excellent quarter from La Yaqui Grande which contributed to the highest production and free cash flow from the Mulatos District in more than 10 years. With the solid first half, we are well positioned to achieve our full year production and cost guidance,” said John A. McCluskey, President and Chief Executive Officer.
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