At the Amalia Project, geological work, drill pad construction and road building in preparation for the upcoming program is in progress. The teams at Amalia are following strict COVID-19 safety protocols and if there are no COVID-19 outbreaks in the local area, Pan American Silver plans to start phase 4 drilling in November, 2020.
“The Company and its advisers continue to assess new projects and identified an opportunity to secure an exploration footprint in northern Greenland on strike and adjacent to the world class undeveloped Citronen zinc-lead project. Greenland is known for its low-sovereign risk, prospective geology and great potential in the resource sector.”
Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the updated Proven and Probable Mineral Reserves and positive results announced on September 9, 2020.
Douglas Fulcher, CEO and director of the Company commented, “we have confidence in the innovative services that Cognitive provides, not only its in-depth knowledge of technologies but also its leading-edge approach to increasing capital market awareness.”
“The ramp-up of our drilling program has been slower than planned due to difficulty staffing the three contract rigs at site.”
In February 2020, the Company announced that an illegal blockade was put in place at the Cosalá Operations by a group of individuals including a small minority of the Company’s hourly workforce.
Candente Gold Corp. is pleased to announce that a due diligence site visit to the Cocula Gold Project in Jalisco, Mexico has been completed. Samples were collected to check historical reporting and also to conduct preliminary metallurgical test work to assist in determining the best methods for processing material from the deposit.
“This transaction sees the potential for considerable expenditure to be invested into Donovan 2 over the next few years as the project progresses through to feasibility studies.”
In the quarter, the first production stope at Juanicipio was completed on time and, as expected, we are now processing development ore at the Fresnillo plant.
“This first production from Juanicipio is a major milestone for the Company” said George Paspalas, MAG Silver’s President and CEO. “The successful processing of development material not only provides cash flow to offset capex, but further de-risks the project as it heads toward commercial production. We are looking forward to the first production stope coming online in Q4 2020, and our potential to continue to produce cash whilst we complete the process plant construction.”
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