“Looking toward the coming quarters, we are focused on continuing our drilling programs around Platosa and on the developing Platosa-style target 11 kilometres northwest at Jaboncillo, while we ramp up drill programs at Oakley and Silver City in the coming weeks.”
Stephen Orr, Chief Executive Officer, stated, “The initial drilling in CLG’s SE and NW zones is successfully upgrading the 3.7 million tonnes of Inferred resource to the Measured and Indicated category. Furthermore, the identification of additional offsets to a recently discovered new SE zone vein has extended the CLG mineralization beyond the current resource model and demonstrated that the southeast extension of the deposit is still open along strike.”
Matthew Zabloski, the Managing Director of Delbrook commented: “We are excited to continue supporting Magna as it enters the next phase of its evolution into a production company with significant exploration potential.”
The adjournment of the virtual annual meeting of stockholders will be until 1:00 p.m. (Mountain Time) on June 10, 2021.
Osisko Development Corp. announces that, at the annual meeting of shareholders held on May 12, 2021, each of the 7 nominees listed in the management information circular filed on April 8, 2021 with regulatory authorities were elected as directors of the Corporation.
“The Company’s 3D geological interpretation has significantly improved our understanding of the geological setting at the Plomosas Mine Area, revealing a much larger epithermal system than originally contemplated.”
“As we keep advancing our workings deeper into the higher-grade Lomo del Toro manto and increase the tonnage mined from this zone, we are seeing a corresponding increase in head grades at our Zimapan Mine. We are progressing well towards our objective of reaching 15,000 tonnes per month of mill feed from this higher-grade area by the end of the second quarter.”
James McDonald, President and CEO, states “We continue to see good grade and width potential at Copalito with the 5 Señores vein returning grades up to 2,176 gpt silver equivalent.”
For almost 20 years, Endeavour Silver has created new opportunities and navigated challenges with innovative thinking, which has transformed us into the company we are today. As I assume the role of Chief Executive Officer, I am keen to build on these strengths while focusing on continued profitability, safety performance and fostering our internal culture aligned with increasingly important ESG principles.
“2021 is off to a very solid start with gold production of 129,509 ounces – the highest first quarter of production on record at El Limón Guajes.”
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