Ron Goguen, Colibri’s President & CEO states “We are excited to be completing this survey and obtaining this data. It is anticipated that recently mapped and sampled structures will have a magnetic signature which we can follow along strike and under the cover of alluvium and colluvium.”
La minera Fresnillo PLC realiza pruebas rápidas para detectar COVID-19 a los habitantes de algunas colonias y comunidades de El Mineral.
Simon Clarke, CEO of Apollo Gold stated, “We are very pleased that the Option Agreement is now unconditional, and we can start to plan the launch of initial work programs on these highly prospective concessions. With the size and scale of the mines and deposits in the surrounding District, combined with the reports of historic work undertaken, we believe the Apollo Concessions present a great opportunity for Apollo Gold and we are excited to start work on the Properties.”
“We are very impressed with the grades and continuity found at El Fierro Bajo. These at surface veins demonstrate high-grade cores with well mineralised halos of up to 7m,” commented Ruben Padilla, President and CEO of Sable..
“The operational excellence programs and strict cost control have proven successful with higher productivity, better grade and a total cost reduction” said Salvador Garcia, COO of the Company.
“We are very pleased to have boots on the ground for our Phase 1 mapping and sampling on El Mezquite, a low grade, epithermal target in a very productive, mining-friendly region,” stated Greg Davison, PGeo, Director and QP of Silver Spruce.
Pete Dougherty, President and CEO stated: “We’ve completed major milestones for the Company over the past few months with the Alio merger, the completion of the Schedule 2 process at Magino and the recent equity financing. The Company experienced a large cash increase of $23 million during the quarter amidst the two month shutdown of mining, crushing and stacking activities in Mexico due to COVID-19 restrictions.”
Proceeds of this Private Placement will be used for exploration at the Company’s San Javier Silver-Gold Project, and for general working capital.
“This has been a very exciting year for Coeur’s exploration programs and one of the best first halves of drilling results in the Company’s history,” said Hans J. Rasmussen, Coeur’s Senior Vice President of Exploration.
The net proceeds will be used primarily for funding part of the Salar del Diablo drilling program and working capital.
Mexico Mining Center © 2021 / All Rights Reserved
