“Parral continues to be an engine of free cash flow, generating in excess of US$5.5 million this quarter. We finished the quarter with a strong cash balance of over $73 million US,” said Brad Langille, President and CEO.
Capitan’s CEO, Alberto Orozco, stated: “We are very pleased with the continuity that the Capitan gold zone has shown with each batch of drill holes that we have released. This additional drilling has not only expanded the presence of gold mineralization in the Capitan zone, but it has also helped our geological team have a better understanding of the geology and structural controls for the mineralization at the Capitan gold zone.”
“I am very pleased that this agreement could be signed,” stated Americas Gold and Silver President & CEO Darren Blasutti. “Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories.”
Brigadier Gold Limited is pleased to announce further drill results from exploration of newly identified gold targets at its Picachos gold-silver-copper project Sinaloa, Mexico.
Canasil Resources Inc. announces mobilization and start of the 2021 drill program at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are on site and drilling is underway.
“Our recent push into unexplored areas at Yautepec has yielded solid and very positive results, uncovering multiple new mineralized centers, demonstrating proof of concept for our exploration model,” said David Jones, Madoro Metals’ Exploration Manager and Director.
Jeremy Bond commented on the reason for Terra Capital increasing its shareholding in Empress: “Since its inception less than one year ago Empress has developed a unique business strategy and transformed itself through the creation of three new royalties and streams on development stage projects.”
“This decision is incomprehensible from a legal and factual perspective and is founded upon a circumstance that never existed,” stated Brendan Cahill, President and CEO.
Altaley Mining Corporation is pleased to announce that it has retained Venture Liquidity Providers Inc. to initiate market-making services to aid in maintaining an orderly trading market and improving the liquidity of Altaley’s common shares.
Brad Marwood, Managing Director of CZL advised “The issues with the mill are disappointing particularly after an independent prepurchase inspection was commissioned. But the performance of the site team who have addressed each issue and have a plan to improve plant availability and plant utilisation, is pleasing and positive. Once completed the modifications and refinements are expected to deliver superior performance.”
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