“PHC represents a valuable addition to the Company’s resource portfolio as it looks to secure a position in the now booming helium market,” said Jim Culver, CEO of VVC. “The Syracuse Helium Project presents a tremendous opportunity for the Company. We are very excited about this acquisition and its prospects for VVC shareholders”.
Octavio Alvídrez, Chief Executive Officer, said: It gives me real pride that despite the challenges, we have delivered a robust operational performance in the final quarter with both gold and silver production in line with expectations. We have also successfully progressed our development pipeline during the year.
“The preliminary 3D IP inversion modelling has revealed an extensive area of strong chargeability response that encloses the known North Zone deposit and extends beyond the historical drilling to the north, the west and to depth,” said Craig Dalziel, Oroco’s CEO.
The $2.3 billion claim against Mexico under NAFTA relates to the unlawful denial of the environmental permit for subsidiary Exploraciones Oceanicas’ (ExO’s) offshore phosphate project. The First Memorial filing is supported by documentary evidence and 20 expert reports and witness statements.
Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “These excellent drill results from Yoquivo highlight its potential to host economic gold-silver mineralization. This recent drilling has identified multiple veins with potentially economic gold-silver grades, including a newly discovered vein without previous historic mining within our district scale property holdings. We plan to follow with a second phase drill program which could start in the next few months.”
“We have made tremendous progress towards the completion of construction at the Santana gold project since activities were allowed to restart around the middle of last year following the widespread Covid-19 shutdowns. Major civil works are now drawing to an end and the focus has shifted towards the final placement of field connections required for fluid handling systems involved in the leach process.”
Chris Wright, Chairman & CEO of Defiance commented, “The agreement to acquire this additional license more than doubles Defiance’s footprint at the Tepal Project. Not only does the land package contain good exploration potential, the license area underlies key proposed mine infrastructure as defined by the 2017 Preliminary Economic Assessment.”
“We are really excited about this new discovery which is 1.2km to the west of the El Favor deposit. These are the first holes that have ever been drilled in this area of Los Ricos North. These strong results further strengthen our belief that Los Ricos North is a very large mineralized system,” said Brad Langille, President and CEO. “For Los Ricos we see 2021 being a year where more resources may be defined, and there is the potential for further discoveries like El Orito.”
“We are delighted Colin has joined our executive group. His prior experience in Mexico and his relentless pursuit of shareholder value is in complete alignment with Magna’s goals. His familiarity with the San Francisco project and the team in Mexico is a significant advantage,” stated Arturo Bonillas, CEO and Founder of Magna.
“Our personnel are following guidelines suggested by leading medical experts while we advance activities at Tenoriba to position the project for the infill IP/Mag geophysics survey scheduled to commence mid-February. Once completed, the new geophysical data will be incorporated into the 3D modelling of all historic and new geophysical data, plus all surface and drill data, to assist in selecting drill targets for the Mammoth’s upcoming 2021 drill program.”
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