“We are pleased to welcome Maree to the FCX organization. She brings significant international mining experience, a strong financial background in the sector and a drive for creating value for all stakeholders. She will be a great addition to our team of talented and proven financial professionals.”
Tarachi CEO, Cameron Tymstra, commented: “The latest leaching results for Magistral strongly indicate our processing plant’s ability to leach and recover a significant portion of the contained value in the tailings material with minimal effort. We have always looked at Magistral as not just a means to generate significant cash flow for Tarachi, but to do so with one of the smallest carbon footprints per ounce of gold in the industry.”
“Strong drill results continue to demonstrate significant exploration upside at several of our mines and key pipeline projects. The 2021 exploration program is the most ambitious in Agnico Eagle’s 64-year history, as we investigate the full potential of existing operations and key projects in the Company’s pipeline,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
Taj Singh, President and CEO, states: “We are excited to share our inaugural ESG report as part of Discovery’s evolution. We believe that ESG management is a key component of delivering long-term value and business resiliency.”
“Engaging MGA as Tahuehueto’s underground mining contractor is another milestone and brings our company closer to start production at Tahuehueto.”
The results from the drilling program are now being incorporated into the resource modelling for the Project to determine if a new Mineral Resource estimate is required.
The Company intends to use the net proceeds of the Private Placement to conduct exploration work on its Cervantes porphyry gold-copper project in Sonora, Mexico, and its Tombstone epithermal gold-silver & CRD silver-lead-zinc-copper-gold project in Arizona, USA, as well as for general working capital purposes.
Candelaria Mining Corp. is pleased to announce that, further to its press release of September 22, 2021, it has closed its second and final tranche of its non-brokered private placement for a gross proceeds of $511,648 through the issuance of 1,136,997 units of the Company at a price of $0.45 per Unit.
During the quarter 9,123 tonnes of ore were mined with 9,817 tonnes hauled to the surface at Plomosas.
The Company issued a total of 4,396,667 common shares at a price of $0.15 per Share to raise gross proceeds of $659,500.05.
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