“The outlook for 2021 is extremely positive as we expect to steadily increase our production throughout the coming year,” added Mexus President, Paul Thompson Sr.
Chesapeake Gold Corp. is pleased to announce that it has entered into a definitive agreement on December 9, 2020 to acquire Alderley Gold Corp., a private British Columbia mining technology company. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset rights and proprietary databases, creating the path towards a new growth oriented and innovative gold and silver producer. Chesapeake will now focus on progressing the Metates project towards production using the Technology in a heap leach operation.
Rob Macdonald, Vice President Exploration stated: “We began this drill campaign targeting an approximate 30% increase in the Mineral Resources for the Cerro las Minitas project which currently totals 134 million Silver Equivalent ounces in the Indicated category and 138 million Silver Equivalent ounces in the Inferred category through the addition of new mineralization in the South Skarn and Mina La Bocona areas which are not included in the current Mineral Resource Estimate of the property.
Luis Marchese, CEO of Sierra Metals commented: “I am very encouraged by the results of this PEA which support the Company’s organic growth strategy and plan to profitably develop and expand the Cusi Mine production rate to 2,400 TPD from today’s capacity of 1,200 TPD, based on current analyst consensus silver metal price estimates of US$20 per oz long-term.”
Este ranking es una iniciativa conjunta de la organización Mexicanos contra la Corrupción y la Impunidad y de Transparencia Mexicana, quienes evalúan la existencia y calidad de las políticas anticorrupción de las empresas y si dichas políticas son adecuadas a partir de los criterios utilizados por la organización Transparencia Internacional.
“This has been a transformational year for Alamos. Operationally, we continue to execute and remain on track to achieve our 2020 production, cost, and capital guidance. We also delivered on several significant catalysts which have solidified our strong outlook. We completed the lower mine expansion at Young-Davidson, transitioned to strong free cash flow generation in the third quarter, and began construction on the high-return La Yaqui Grande project and Phase III Expansion at Island Gold,” said John A. McCluskey, President and Chief Executive Officer.
Almaden has been supporting local initiatives for many years and is pleased to do so particularly when it can be as impactful as enhancing access to fresh water and expanding local irrigation capacity. As the Ixtaca project advances we look forward to additional projects we can support in partnership with local communities and authorities which enhance and diversify economic development opportunities in the region of the Ixtaca project.
Radius Gold Inc. reports that it proposes, subject to stock exchange approval, to issue 30,495 common shares in its capital stock at a deemed price of $0.21 per share to the property owners of the Amalia gold/silver project in Mexico, in accordance with Radius’s option to acquire a 100% interest in the project.
“Leveraging Guardhat technology, proven in challenging industrial settings, will speed development of a comprehensive, digital solution sought by mining customers,” Bill Dears, Cat MineStar Solutions marketing manager, said in a release.
“Since commencing exploration and diamond drilling activities at Picachos in August, we’ve identified several high priority targets for follow up work and have gained a significant understanding of the mineralized gold – silver vein, and copper – molybdenum porphyry systems traversing the property.
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