“We are encouraged with the results from the Camino Rojo Sulphides drill program. While the geological setting is already well understood, this new information will be meaningful as we refine the geological model and move to focus on possible development approaches,” stated Jason Simpson, President and Chief Executive Officer of Orla Mining.
Octavio Alvídrez, Chief Executive Officer, commented: “I am pleased to report a strong financial result in the first half. The combination of improved production performance and higher precious metals prices has seen a sharp increase in profitability during the period. This in turn, has enabled us to declare a dividend of US$73.0 million to shareholders, while continuing to invest in both our development and exploration projects.”
“We are delighted to welcome these highly qualified and knowledgeable executives to our Board,” said Richard C. Adkerson, Chairman and Chief Executive Officer. “Marcela and Sara each have proven track records in business, finance, financial accounting and controls, and corporate governance.”
“We realized another good quarter at Platosa, with financial results partially impacted by delayed processing and delivery of ore and concentrate at the quarter-end by weather conditions,” stated Brendan Cahill, President and CEO.
The TSX Venture Exchange is still reviewing the filing documentation pertaining to an assignment of debt and security agreement dated May 11, 2021 between the Company, Denman Island Chocolate Ltd. (Daniel Terry) and Regal Resources Inc., whereby the Company can acquire 100% of the Assignor’s interest in a series of loan agreements between the Assignor and Regal.
These include royalty interests in the Gediktepe and Yenipazar projects in Turkey, as well as interests in a number of exploration and development stage projects across the Americas owned by various operators, including Nevada Gold Mines, Industrias Peñoles, Endeavour Silver, Aftermath Silver, Argonaut Gold and AbraSilver Resource.
Altaley Mining Corporation’s management advises that there is no operational or financial reason for the decline in the Company stock trading price over the past two days. Management would like to reassure investors and shareholders that day-to-day operations at both the Campo Morado Mine and the Tahuehueto Project continue as normal.
“We are extremely pleased to be able to initiate a new generation of drilling at Santo Tomas at a time when the acceleration of large copper projects is essential for global economic growth and stability. We are anxious to confirm and extend the historical resources at the North and South Zones, and to commence exploration at the Brasiles Zone, where our 3D DCIP program indicated extensive and compelling chargeability features.”
Canasil President and CEO, Bahman Yamini commented; ”The positive progress with the 2021 drill program at the Nora project and quick completion of successive drill holes is encouraging and a credit to the drill contractors and our operating team. The Candy vein structure is being intersected as projected in every drill hole and we look forward to the results from these drill holes.”
Carlos Silva, Santacruz’s CEO, stated, “At Zimapan we continue to execute on our strategy of increasing the tonnage mined from the Lomo del Toro mineralized zone and we are now starting to see the benefits of blending this mineralized material with that from the Carrizal and Monte mines. We have also completed adjustments to the milling facility which have improved the operation of the crushing and filtration circuits.”
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