Alamos Gold Announces Ramp Up of Operations at Mulatos

“As with Island Gold, operations at Mulatos will be ramped up in a safe manner. To date, we have not had any confirmed cases of COVID-19 among any of our employees or contractors. We continue to follow strict protocols across our operations with our foremost priority being to protect the health and safety of our employees, their families, and our local communities,” said John A. McCluskey, President and Chief Executive Officer.

First Majestic Reports First Quarter Financial Results; Temporarily Postpones the Sale of Silver and Gold Due to COVID-19; Announces Operational Restart Procedures

“As the COVID-19 pandemic sparked higher than normal volatility in the metals market near the end of the quarter, we temporarily suspended our silver and gold sales as paper prices dropped significantly below true physical prices,” stated Keith Neumeyer, President and CEO of First Majestic. “These inventoried ounces have been carried over into the second quarter and will be sold as prices improve. Nevertheless, strong production from each of our three mines generated operating earnings of $21.1 million, representing a 106% increase over the same quarter of 2019.”

Capstone Commences Ramp-up to Full Production at Cozamin Mine

“I am very proud of the way our team at Cozamin has handled the difficult challenges posed by COVID-19,” said Darren Pylot, President & CEO of Capstone. “The rigorous safety controls and prevention measures put in place earlier this year will continue to be our top priority as the site returns to full operations. Over the past six weeks, some reduced mining and milling activities took place, which will allow for a safe and efficient ramp-up to full operating levels within two weeks. As a result, we expect there to be minimal impact on our guidance.”

Torex Gold Announces Plans to Resume Full Operations at El Limón Guajes Complex

Fred Stanford, President & CEO of Torex, stated: “We have continued our active engagement with local communities during the national suspension of non-essential businesses. The members of these communities have encouraged us to restart operations as quickly as possible. With the Government lifting the suspension decree for mining as of May 18th, mobilization for a full restart of operations will begin immediately.”

Sonoro Withdraws Cerro Caliche Project Development Report

Sonoro Metals Corp., as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to address issues with its technical disclosure regarding its Cerro Caliche project located in the municipality of Cucurpe, Sonora, Mexico.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.