The net proceeds from the Offering are intended to be used to fund exploration and development of Wealth’s Atacama Project as well as general corporate purposes.
Due to delays to obtain financial information in Mexico, caused by the COVID-19 pandemic, the Company is relying on this blanket relief to postpone the filing of its Q1 interim financial statements and corresponding management’s discussion and analysis for the three month period ended March 31, 2020.
PREMIER GOLD MINES LIMITED announces that due to ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders and communities, the Company has elected to postpone its annual general meeting of shareholders.
Octavio Alvídrez, Chief Executive Officer, said: “The well-being of our workforce and the communities in which we operate is our first priority and we will continue to do all we can to ensure their safety. I would like to thank everyone at Fresnillo for the calm way in which they have adapted to the new measures we have put in place to combat COVID-19 and their professional conduct during this difficult time.
Mammoth Resources Corp. is pleased to announce that following a suspension of exploration activities due to COVID-19 related social restrictions, Centerra Gold Inc. personnel have returned to Mammoth’s Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico.
Valterra Resource Corporation reported today that it plans to issue up to a total of 15,000,000 units, in a non-brokered private placement at a price of $0.05 per unit for gross proceeds of Cdn $750,000.
On May 12, 2020, mining was deemed an essential activity by the Mexican authorities, and the Company has obtained formal authorization to fully restart operations at Aranzazu on May 27, 2020. The Company expects it will be able to gradually and safely resume activities at Aranzazu over the next few weeks.
Frente a la epidemia de coronavirus, Fresnillo PLC, a través del Proyecto Juanicipio, donó equipo médico para que los trabajadores de Salud tengan equipo de protección para mitigar el riesgo de contagio.
Defiance’s technical advisors, OreQuest Consultants have spent the past 6 months executing a work program focused on property-scale mapping, 3D modeling and drill core re-logging at the San Acacio project. As a result of this program, OreQuest and Defiance have generated novel targets in previously overlooked portions of the property. The recent work highlights the potential for composite vein systems at depth and suggests the presence of a long-lived mineralizing system at San Acacio.
$600,000 is slated for further gold exploration at the promising project.
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