“We received favourable precious metal assays in nine of the first ten holes consistent with our exploration expectations for a low-grade, heap-leachable target with mineralization in the range of 0.1 g/t Au to 1.0 g/t Au.”
Taj Singh, President and CEO, states: “The results from this metallurgical test work program represent a major de-risking step for Cordero. All major rock types hosting sulphide ore returned excellent recoveries via conventional flotation processes to generate clean, highly saleable concentrates.”
Mr. Nick Suter, Interim Vice President, Exploration commented, “Confirmation of mineralization below current mining levels in the southeastern Switchback zone, particularly the presence of high-grade gold, silver and zinc values, will enable the mine to advance development planning below current mine limits.”
Alberto Reyes, Chief Operating Officer, “Our operations team has risen to the challenge of trying to keep everyone healthy and safe during the pandemic. Our employees and contractors have taken to the isolation process well and our medical staff note that they are content with our progress to date.”
Chris Wright, Chairman & CEO, commented: “The 2021 drilling campaign so far has successfully demonstrated up-dip and down-dip continuity of the main Veta Grande vein-structure outside of the current resource estimate, and the wide widths and high grades that we have continually encountered in the Almaden Zone further demonstrate the resource building potential at the San Acacio area of our Zacatecas district project.”
Almaden Minerals Ltd. reports that, given the perceived rise in the number of COVID-19 cases in the municipality of Ixtacamaxtitlán, it has elected to pause drilling for two weeks out of an abundance of caution.
Petróleos Mexicanos (Pemex) podría convertirse en dueña de Altos Hornos de México y de Grupo Acerero del Norte, empresas de Alonso Ancira, si éste no cumple con el acuerdo que firmó con la empresa productiva del Estado como reparación del daño por la compra a sobreprecio de Agro Nitrogenados.
“Con el pago total de la cantidad de 216 millones 664 mil dólares, Petróleos Mexicanos (Pemex) y Pemex Transformación Industrial se darán por satisfechos del pago de reparación del daño ocasionado por el sobreprecio de la compraventa de planta de Agro Nitrogenados, que imputan a Alonso Ancira Elizondo”, señala el documento.
“Following the high-grade gold and silver intercepts returned from NRC-21-09 within a wide mineralized structure, it is very encouraging to see drill holes NRC-21-10 and NRC-21-11 continue to cut wide mineralized structures with gold and silver grades which represent high value mineralized material over significant widths. The multiple mineralized bands within the structures are consistent and suggest the possibility of stacked veins within the Candy vein system.”
Matt Fargey, CFO of Maverix, commented, “We would like to thank our lenders for their continued support and confidence in our business. The increase and extension of our revolving credit facility will provide us with more capital to pursue accretive acquisitions of precious metals royalties and streams.”
Mexico Mining Center © 2021 / All Rights Reserved
