Jorge A. Ganoza, President and CEO, commented, “The announced changes in Management are aligned with the organizational demands of our growing business in Latin America and the integration of Roxgold in West Africa.”
“After finalizing the long-awaited tunnel extension and ensuring safe access and working conditions for the drill teams, we are pleased to commence this first phase of underground drilling. The objective is to expand the San Marcial mineralized breccia body by stepping out at depth and along strike of the known areas.”
Empress Royalty Corp. is pleased to announce that it has entered into an agreement with Accendo Banco, S.A., Institución de Banca Múltiple for the provision of a secured medium-term bridge loan facility the in the amount of US$5.2 million.
Fabled Silver Gold Corp. is pleased to announce results of underground diamond drilling from the 1,200 meter underground drill program on the “Santa Maria” Property in Parral, Mexico.
“A key strategic priority for Torex over the last 12 months has been to optimize and extend mining operations at ELG. With the recent approval of the El Limón pushback and ongoing contribution from the ELG Underground, Torex is well on the path to delivering a smooth transition between ELG and the ramp up of Media Luna.”
Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato, Mexico. Meanwhile, re-commissioning of the Company’s primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant.
“The ongoing success at El Refugio throughout this year has focussed the drilling in this area of the Copalquin District. The funds raised will allow expansive drilling to progress while completing our maiden JORC resource estimate work for El Refugio.”
“The re-assay of the historical drill core confirms the prior assay results, with intersections of very high-grade material. It also confirms the coarse gold/nugget effect apparent in the deposit, with variances being observed between some of the prior assay results and the current assay results, both higher and lower.”
“El bienestar de la sociedad y el medio ambiente es nuestro objetivo, la responsabilidad del cumplimiento legal es parte fundamental y hacemos que eso suceda, en todos los aspectos y en todos los lugares, el cuidado del medio ambiente es responsabilidad de todos”, afirmó Laura Caballero, Gerente de Medio Ambiente y Permisos de Alamos Gold Mina Mulatos.
Carlos Silva, CEO of Santacruz, stated, “The second quarter of 2021 has confirmed our positive trend towards strong cash flow generation at Zimapan where, as expected, increased production tonnage arising from the continued development of the Lomo del Toro zone has resulted not only in an increased total amount of material processed through the mill but importantly has also resulted in a higher average silver head grade.”
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