Pierre Beaudoin, Chief Operating Officer remarked, “We are excited to have Cliff join our technical team as we gear up for the next phase of the Company. Cliff’s expertise in underground mining operations, engineering and mine geology will add depth to our already experienced team.”
Mr. Brown, President & CEO states: “It is the most exciting time of a project’s exploration life when it has been deemed to be ready for the true test that only diamond drilling is able to deliver.”
Equinox Gold Corp. reports that the union blockade at the Company’s Los Filos Mine in Mexico has been removed, access to the mine has been restored and Los Filos has resumed operations.
The gross proceeds raised from the Offering will be used for work programs on the Company’s exploration properties and for general working capital purposes.
“We have expanded the role of Endeavour to help Empress accelerate its growth strategy,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.
Stephen Orr, the Company’s Chief Executive Officer, stated: “The retirement of the LGJV Term Loan is a major milestone in Gatos Silver’s path of creating substantial shareholder value since the Company’s IPO in October 2020. With the Cerro Los Gatos (‘CLG’) mine and processing facility now operating above design capacity, record-breaking production was achieved in the second quarter. CLG is now generating strong cash flows to fund additional performance improvement initiatives and exploration at the Company’s vast and highly prospective property positions in Mexico.”
Mexus Gold US announced that mining continues of the Vein 2 area at its mine located in Caborca, MX with impressing geologic findings including increasing metallic content at only 10 meters of depth. Surface values are from 0.3 g/ t gold and new values ranging from 4 to 12 g/t gold and increased silver from 3 g/t to 100 g/t silver.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be “DTC eligible”.
“We are pleased that the arrival of a second drill at El Mezquite will allow Silver Spruce to complete our Phase 1 program by the end of July and permit all samples to be fully logged and submitted to the lab before the second week of August. The technical team has been expanded with additional geologists and samplers to expedite our progress,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.
“The completion of the US$5M silver stream is an important milestone for Empress as we continue to deliver on our plans to build a diversified portfolio of gold and silver investments,” stated Alexandra Woodyer Sherron, CEO and President of Empress. “We are pleased to be working closely with Altaley and our strategic partners to bring this quality asset into production.”
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