Dr. Steven Weiss, chief technical adviser for the Rebeico Project, commented “We’re very optimistic about this maiden drill program at the New Year Zone, especially considering the robust gold values obtained over a substantial area at surface”.
The highlight of progress to date is the development of the El Cuervo target, where wide zones (up to 40m) of silicification, breccias and veining with strong gold and silver rock chip geochemistry is being mapped and sampled 3.8km south east of the current drilled area at San Pedro.
To-date, activities at the Company’s two operating mines; Mercedes in Sonora, Mexico and South Arturo in Nevada, USA, have not been materially impacted by the COVID-19 pandemic.
Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “Santo Domingo Project, Region III, Chile, NI 43-101 Technical Report” for the positive update announced on January 19, 2020.
“Despite the challenging environment, our employees have demonstrated unwavering commitment over the past two months to combat this global pandemic,” said Prahlad Singh, president and chief executive officer, PerkinElmer. “The breadth of PerkinElmer’s total workflow solution puts us in a unique position to rapidly address the needs of our clinical diagnostics customers.”
Canasil Resources Inc. announces that the TSX Venture Exchange has accepted for filing documentation with respect to the non-brokered private placement of 5,085,000 units at a price of $0.08 per Unit for total gross proceeds of $407,000 announced on February 19, 2020.
“The health, safety and well-being of all our employees and the communities that we operate in continue to remain our priority. As directed by the Quebec government, our Quebec mines will be placed on care and maintenance. At the same time, our Nunavut mines will be operating at reduced levels”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
“Drilling continues at Los Ricos with 6 drill rigs as we accelerate the drilling required for our initial resource. At the Los Ricos North Project we continue with the groundwork preparing for an upcoming drill campaign, which we anticipate commencing after the Easter break,” said Brad Langille, President and CEO. “We continue to monitor the COVID-19 developments in Mexico and have implemented additional safety procedures at both Los Ricos and Parral as described in PR#11 dated March 18, 2020.”
Aura Minerals Inc. announces that, in light of current market conditions arising as a result of COVID-19, the Company has decided to postpone its initial public offering in Brazil and concurrent listing of Brazilian depositary receipts on B3 S.A. – Brasil, Bolsa, Balcão, which was announced on March 3, 2020.
“The Government of Quebec ordered the mining industry to reduce to minimum operations as part of the fight against the COVID-19 virus, so we are suspending our Casa Berardi operations,” said Phillips S. Baker, Jr., Hecla’s President and CEO.
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