Prime Mining Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, an annual ranking of top performing listed companies from five industry sectors including, Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries and Technology.
“The data being obtained from this fence of drill holes will not only target adding silver ounces to the overall resource but also allow us to interpret and model the behavior of this robust mineralized system for future drilling as we expand outwards from the present resource.”
Chesapeake’s CEO, Mr. Alan Pangbourne, commented, “Our 2021 work plan is the first step forward in Chesapeake’s goal to unlock significant value for our shareholder’s by progressing the Metates project forward as a scalable sulphide heap leach operation. We look forward to releasing key information related to the drilling program and testwork progress throughout the year.”
“We are extremely happy to negotiate this favourable and timely deal with Bimsa Minera. The Diamante project sits directly beside our highly prospective El Mezquite project currently being mapped and sampled in preparation for a near-term maiden drilling program. The historical sampling and conceptual geological model for the Diamante property also indicate a favorable environment for finding potential deposits,” said Colibri President & CEO Ron Goguen.
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “We acquired El Picacho only six months ago, and in this short time period, SilverCrest’s exploration team has negotiated surface rights, completed preliminary geological surface and underground exploration work, received a five-year drilling permit, set up a COVID-19 isolation camp with strict protocols, and have already made some significant discoveries. Drilling will continue throughout the year, with an approved total 2021 exploration budget of US$42 million for mostly the Las Chispas Project with some allocated to El Picacho based on success.”
“The El Favor target is demonstrating that not only does it have some high grades in the kilos, but also potentially bulk mineable zones approaching 100m in combined intercepts that are near surface,” said Brad Langille, President and CEO.
“Last quarter we saw outperformance at both operations delivering operating cash flow of $67 million, which marks the beginning of very strong financial metrics across the business, moving forward in this current $4.00 copper price environment,” said Darren Pylot, President and CEO of Capstone.
Mr. Davila is joining VanGold’s Advisory Board that now consists of mining lawyer and entrepreneur Stuart ‘Tookie’ Angus; public company executive and financier John Budreski; and seasoned exploration geologist Greg Hawkins.
“We had an excellent 2020 on the exploration front despite a smaller than planned program due to COVID-19. We more than replaced Global Mineral Reserves and added another million ounces of high-grade Mineral Reserves and Resources at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.
Telson Mining Corporation is very pleased to announce that it has executed a Letter of Intent with Accendo Banco S.A. de C.V., Empress Royalty Corp., & Endeavour Financial to provide up to US$25 million of financing to complete the construction and ramp-up of Telson’s 100% owned Tahuehueto Gold Mine project, meet debt service obligations and for working capital purposes.
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