Candelaria Mining Corp. is pleased to announce it has sold a 0.5% net smelter return royalty on production from the Pinos Project to Empress Royalty Corp. for US$750,000.
“The Aquita Zarca zone has significant size potential with a 400m strike length with surface mineralization and multiple closely spaced veins. 2020 has been an incredibly successful year and the Company continues to aggressively unlock the potential of Panuco. This is a clear demonstration of the upside that drilling can unlock at the underexplored Panuco district. Vizsla is drilling with five rigs across the district and is funded for an even more aggressive 2021.”
Torex Gold Resources Inc. is pleased to announce the appointment of Andrew Snowden as the Company’s Chief Financial Officer (“CFO”) effective January 4, 2021. Andrew will be replacing Steven Thomas, who will be stepping down from Torex effective December 31, 2020.
Mammoth encourages you to have a look at this report and judge for yourself its integrity and the recommendations therein.
VanGold Mining Corp reports results from its annual general meeting of shareholders held on Monday, Nov. 23, 2020, in Vancouver, B.C.
Prime Mining’s Chief Executive Officer Daniel Kunz commented, “We are pleased to begin drilling at Los Reyes. The trench sampling results continue to define high-grade gold and silver mineralization at surface. The Zapote deposits have outstanding gold and silver values over large outcropping areas and drilling there will focus on resource expansion.”
Tarachi Gold Corp. reports initial underground diamond drill assays at La Dura mine, Jabali concession. Highlights: JAB-20-04: 14.5m @ 5.49 g/t Au (incl. 7m @ 9.67 g/t); JAB-20-05: 20.1m @ 4.54 g/t. High-grade brecciated quartz veins in dacitics; two rigs turning. CEO Warner praises broad, high-grade mineralization near Mulatos/La India.
Kenneth MacLeod, Sonoro’s President & CEO, added, “The latest assay results from Buena Suerte provide compelling evidence that it has become one of the prime targets for developing a new, higher grade mineralized zone at Cerro Caliche. We are confident that the current results will contribute to a material increase of the current inferred resource estimate at Cerro Caliche.”
The Guigui Project is located in the heart of the Santa Eulalia Mining District, home to Mexico’s largest Carbonate Replacement Deposit (CRD). The Santa Eulalia Mining District has produced 510 Moz of silver, 4.2 MT of lead, 3.6 MT of zinc, at average grades of 310 g/t Ag, 8.2% Pb and 7.1% Zn.
“We are very encouraged with the early success of the inaugural diamond drill program at Picachos,” remarked Ranjeet Sunder, President and CEO of Brigadier Gold. “To confirm high grade gold mineralization in a vein system totaling 8 kilometres in length, within a property that hosts multiple of these systems is exciting and points to further discovery potential within the project.”
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