Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Rodeo open pit gold project. Rodeo is located in Durango State, Mexico approximately 80 kilometers west of the Company’s Velardeña Properties.
In Mexico, the Sonora government continues to maintain measures to prevent the spread of Covid-19 which includes, amongst other measures, the closing of schools and all non-essential business operations as well as cancelling events of more than 10 people. Accordingly, Bacanora’s Hermosillo pilot plant was placed in care and maintenance in late March 2020 after shipping samples to its engineering partners in the USA and China in order to maintain the Front End Engineering Design schedule. The pilot plant will remain closed until conditions are considered safe and the Government lifts its restrictions. It is currently anticipated that the pilot plant will re-open in June 2020.
El Gobernador Alejandro Tello encabezó la Firma de Compromisos y el Plan de Reactivación Económica con Seguridad Sanitaria con los representantes del Sector Minero asentado en el territorio zacatecano, de cara a la reanudación de las operaciones en la Nueva Normalidad.
“The Covid-19 pandemic is causing an acceleration of digital transformation across the mining sector, as the need to be safer, more sustainable and more efficient has never been greater,” added Dr. Mayhew. “We’re seeing very specific technology themes emerging as key priorities, such as tech-enabled ore sorting, autonomous machinery and remote monitoring for health and safety, which are attracting urgent and significant investments, all enabling the so-called ‘Smart Mining.”
Gold Resource Corporation declares its monthly instituted dividend of one-third of a cent per common share for May 2020 payable on June 23, 2020, to shareholders of record as of June 11, 2020.
Christian Milau, CEO of Equinox Gold, commented: “With a strong balance sheet and cash flow from a diversified portfolio of producing gold mines, Equinox Gold is well positioned to manage the COVID-19 pandemic and is fully funded to advance its pipeline of growth projects toward one million ounces of annual gold production.”
The Company wishes to advise its shareholders that the Mexican government had decreed an extension of the suspension of all non-essential activities until May 30, 2020. However, this extension does not apply to municipalities that present low or no known cases or transmission of the SARS-CoV2 virus, subject to criteria to be defined by the Secretariat of Health. As Ridgestone’s Rebeico project is located in a municipality with low or no transmission of the SARS-CoV2 virus, the Company’s activities and those of its service providers have now re-commenced.
Mr. K.D. Diepholz, Chairman/CEO of DynaResource, Inc. said: “I am pleased to receive the confidence and continued support from Golden Post and DynaUSA Shareholders. The recent financing of convertible promissory notes issued to Golden Post and DynaUSA Shareholders continues the Company’s tradition and business plan of financing business activities through the support of existing investors familiar with the DynaUSA and its operations.
“Aunque ninguna persona presentaba síntomas, se detectó a 51 portadoras de Covid-19 entre 605 resultados obtenidos. Todos los casos asintomáticos detectados fueron inmediatamente retornados a sus hogares para mantener el aislamiento individual”, aseguró la empresa.
The new expiry date of these Warrants will be June 13, 2022, August 31, 2022 and September 29, 2022.
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