Christian Milau, CEO of Equinox Gold, stated: “This PEA demonstrates the substantial opportunity for both mine life extension and increased annual gold production at Aurizona through development of an underground mine.”

Argonaut Gold Inc. and Alio Gold Inc. are pleased to announce that Glass, Lewis & Co., an independent proxy advisory firm that provides voting recommendations to shareholders, has issued positive reviews of the proposed merger announced on March 30, 2020.

Evrim President & CEO Paddy Nicol stated, “We would like to thank Newmont for their exploration expertise and financial support over the past three years. Exploration work totalling US$3.2 million allowed for the evolution of the Astro project from a regional greenfield generative concept (the Mackenzie Alliance) to a ten kilometre long structural corridor with outcropping gold mineralization.”

“With grades in excess of 11.0 g/t Au, the Cove deposit is one of the highest-grade undeveloped gold deposits in the United States with resources over 1 million ounces”, stated Ewan Downie, President and CEO of Premier.

“Our rapid and early response to COVID-19 protected our workers, operations, and the communities in which we operate,” said Phillips S. Baker, Jr., Hecla’s President and CEO.

Great Panther Mining Limited announces that two employees that live in the nearby communities of the Tucano Gold Mine in northern Brazil have tested positive for the COVID-19 virus. Both employees are stable with mild symptoms and remain in isolation at home monitored daily by the local health authority.

Arturo Bonillas, President and Chief Executive Officer of Magna, stated, “With a stronger balance sheet and operating team, we look forward to getting back to the mine to start implementing our plans to re-establish a profitable mining operation. We see several prospects to enhance shareholder value and through a focused operating approach, we believe our team can begin surfacing this value in the near-term.”

Commenting on the update, Mithril’s Non-Executive Director and Company Secretary, Adrien Wing, said: “We remain thankful to be able to report that there are currently no known cases of COVID-19 for any of the Sun Minerals employees, contractors or their families in the communities near the Copalquin Project. The local team are monitoring the situation and are proactively working with the community.”

Under the terms of the agreement a subsidiary of Alio Gold, Timmins Gold Corp Mexico S.A. de C.V., a company organized under the laws of Mexico, has received 9,740,000 common shares of Magna and will receive $5 million in cash (or a 1% NSR royalty in respect of the San Francisco Mine, if the cash payment is not made by Magna) within twelve months.

David Wolfin, President and CEO commented, “Avino had a strong first quarter that included a 10% increase in silver equivalent payable ounces sold, a 6% increase in revenues and a significant increase in mine operating income compared to Q1 2019. We were also able to transition to full production from the Avino mine, in keeping with our scheduled mine plan.”