Thomas A. Doyle, President and CEO stated ‘Aloro has worked with Dave since the 4th Quarter of 2020. I look forward to working with Dave in a more expanded capacity going forward.’
Mel Herdrick, Sonoro’s VP of Exploration noted, “The sampling and mapping program is producing important new data that, when added to Sonoro’s database, significantly assists our ability to locate drill targets and prioritize our drilling, which is anticipated to resume this fall.”
The San Jose Mine produced 1,624,394 ounces of silver and 10,266 ounces of gold in the second quarter of 2021 with average head grades for silver and gold of 205 g/t and 1.30 g/t, respectively; 4 percent above and in line with plan.
Mexican Gold has engaged JDS Energy & Mining to conduct the PEA. It is estimated that the PEA will be completed and results reported within the next three weeks.
“Our operations continued to advance their primary objectives during the quarter. Rainy River had another solid operational quarter and is positioned to have a stronger second half of production. As we start the third quarter, the mine has now successfully transitioned from focusing on stripping, and we are now seeing a marked improvement in grades through the first half of July.”
Santacruz Silver Mining Ltd. announces that it has closed two shares for debt transactions pursuant to the terms of debt settlement agreements entered into with Empresa Minera Manquiri, S.A. and Minas Güilloyna, S.A. de C.V., respectively, as previously announced on June 7, 2021.
“I am happy to highlight Altaley’s Q2 2021 Campo Morado production results where our operations team have achieved significant increases to net revenue and metal recoveries,” states Ralph Shearing, CEO & President.
“The results of this initial drill program are encouraging as we had some significant grades hit at each location,” said David Wolfin, President and CEO. “We will integrate this information into our geological model to improve our understanding as we continue to look for economic deposits similar to our San Gonzalo mine while at the same time looking to add M&I resources at our Avino mine.”
Over the next few months, Terreno staff will focus on updating the geological and geochemical databases, interpreting results, and planning for a drill program later this year, subject to financing. Terreno management is very pleased with this years’ exploration results and look forward to further advancing the Las Cucharas Project.
The purpose of the metallurgical work is to further investigate the best recovery process for La Negra mineralization. Results from the Program will be used by the Company to advance La Negra along the path towards an initial mineral resource estimate and a preliminary economic assessment.
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