GSilver Chairman and CEO James Anderson stated: “We would like to thank everyone at OCIM for their constant support and consistent flexibility. This funding arrangement has allowed us to access their funds at precisely the time we need them to complete our work on the El Cubo mill and continue necessary mine development in preparation for the commencement of commercial production in Q4 2021.”
To effectively follow up on the successes from the current program, and to determine the full extent of the geologic endowment at the San Diego Project, additional drill pads are required. The permitting process has commenced for an additional 44 drill pads, which will increase the total to 58 pads.
“In addition to all his positive contributions to our business over the years, Chris was first and foremost a close personal friend to our entire group and he will be profoundly missed. Professionally, he worked extensively with our technical team both in Canada and in Mexico and through a number of different business ventures. Chris’ unique combination of technical and operations knowledge combined with his financial abilities made him a truly exceptional part of the group and instrumental to the successes we were able to achieve,” stated Darren Koningen, CEO of Minera Alamos.
“We’re pleased to see strong results such as hole LRGF-21-052 in our new El Favor East zone discovery and are excited to see the results of more holes farther east which are pending assays and look very promising,” said Brad Langille, President and CEO. “We believe extending the strike length at the eastern end of El Favor at these grades will contribute greatly to the upcoming resource.”
Vizsla Silver Corp. is pleased to announce that Michael Pettingell has joined the Company in the role of VP of Business Development and Strategy.
Vizsla President and CEO, Michael Konnert, commented: “Panuco is a much larger district beyond the current areas of resource drilling and this new discovery within the Cordon del Oro corridor emphasizes the exploration upside potential of the Project. Cordon del Oro had never been drilled prior to Vizsla’s consolidation of the district and represents an excellent near-surface target within proximity to other mineralized structures. The Company currently has ten rigs on site: six completing resource drilling at Napoleon and Tajitos and four focused on exploration including the recent Josephine EM discovery and this new zone.”
“I am pleased to report a solid operational performance in the period, with quarterly silver production up on the first quarter, driven mainly by a sharp improvement in ore grades at San Julián. We continue to see a consistent contribution of development ore from our Juanicipio project, where construction of the processing plant remains on track for commissioning by the end of the year.”
Exploration work in the Copalquin Gold-Silver District has continued to develop and expand the El Refugio discovery with multiple bonanza grade intercepts drilled, extension of the mineralised zone along strike and down-dip and expansive soil sampling program.
Darren Pylot, President and CEO of Capstone commented, “This was a strong quarter with record copper production at Cozamin and completion of the majority of phase 2 PV3 Optimization work at Pinto Valley”. Mr. Pylot added, “We also published our 2020 Sustainability Report, which details our ESG-related programs and reaffirms our long-standing commitment to responsible mining practices.”
Allen Palmiere, President and CEO said “Our operations team continues to demonstrate their ability to be nimble and adaptive operators all while focusing on excellent environmental, social and governance practices. Notwithstanding an excellent work culture, there were two lost time incidents at the Don David Gold Mine during Q2 2021, which were investigated, and measures were taken to reinforce adherence to safety protocols.”
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