Carlos Silva, CEO of Santacruz, stated; “Our second quarter financial results include the first full quarter of contributions from our Bolivian operations. The transition process is advancing well as Santacruz has strong and committed management teams in both Bolivia and México.”
Capitan’s CEO, Alberto Orozco, states: “We are very pleased to show the continuity at depth of both grade and thickness of the Jesus Maria silver vein. We look forward to upcoming holes which will not only continue to test the extension of Jesus María, but of the Gully Fault Ag-Au zone as well. These two higher-grade silver zones in conjunction with the JM North, JM South and San Rafael targets, highlight the potential for significant scale at the Cruz de Plata Silver Project.”
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share.
Angel Wing Metals Inc. is pleased to announce the appointment of Ms. Alexandria Marcotte, P.Geo to its Board of Directors effective immediately.
Lawrence Page. Q. C. President, said: “Cerro las Minitas is aptly named in Mexico as the “Hill of Mines” and is located in the Faja de Plata or “Silver Belt” of northern Mexico where numerous silver and base metal mines have been developed and are currently operating.”
Fred Davidson, President & CEO of IMPACT, stated, “The combination of dramatically lower silver prices this quarter due to inflation-induced rate hikes worldwide, and our higher development expenditures at the San Ramon and the Guadalupe mines, resulted in a tough quarter financially.”
Dr. Craig Gibson said: “While our analysis of the LiDAR data has not yet been completed, we are delighted with the results to date. Structural features and small mine workings are clearly visible in the data, and we feel that it will greatly aid in the delineation of important structural trends as part of the process to identify drill targets for a drilling campaign planned in late 2022.”
Millrock President & CEO, Gregory Beischer, commented: “Prevailing market challenges make an equity financing difficult and raising capital in this manner would be highly dilutive to shareholders. Sale of non-core assets is the best way to bolster Millrock’s treasury for continued project generation activities, while we wait for assay results to roll out from two major Alaska gold drilling projects in which Millrock holds an interest.”
“Rex has been a Director of Endeavour Silver for 15 years and we have benefitted tremendously from his guidance during this time,” said Dan Dickson, CEO of Endeavour Silver. “He has been instrumental in the evolution of the Company and exemplifies our vision in sustaining growth for all of our stakeholders.”
Tony Makuch, Interim CEO, states: “Our PFS metallurgical test results demonstrate the exceptional metallurgical properties of our Cordero deposit. Recoveries typically ranged from 85-95% at an extremely coarse grind size of ~210 micron. On average sulphide recoveries came in higher than what was assumed in our PEA and were achieved at significantly reduced reagent consumption highlighting the potential for reduced operating costs for our PFS.”
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