Torex Gold Achieves Record Gold Production in 2019

January 9, 2020

Fred Stanford, President and CEO of Torex, stated: “We delivered a solid result to close out 2019 with El Limón Guajes delivering the second highest quarter of production on record. The operational performance allowed us to achieve record annual gold production of over 450,000 ounces, placing us towards the upper end of the guided range. The entire team is proud of the operational and financial performance delivered in 2019.”

Newmont’s Boddington General Manager to Lead Peñasquito Mine in Mexico

January 8, 2020

Newmont Corporation is transferring experienced mining leader Jim Cooper, General Manager of Boddington in Australia, to lead the Peñasquito mine in Mexico to optimize this world-class asset. Jim will assume leadership of Peñasquito in the first quarter of 2020 and report to Dan Janney, Newmont’s Regional Senior Vice President for North America.

Drilling Restarts at Alacrán

January 8, 2020

Azure Minerals Limited is pleased to advise that Reverse Circulation drilling has recommenced at its 100%-owned Alacrán Project following the scheduled Christmas-New Year break. In the few days of drilling undertaken prior to Christmas, the Company completed two holes for 236.5m.

Sierra Metals Announces Plan to Return up to US$30 Million to Shareholders in 2020

January 8, 2020

Igor Gonzales, President and CEO of Sierra Metals commented, “Management believes that Sierra’s underlying value along with its growth prospects are not reflected in the recent trading price of its Common Shares. As such, the Company will use a reasonable portion of its cash resources toward the purchase of its Common Shares under the Offer.”

Kootenay Intercepts 650 gpt Silver Over 7.45 Meters within 159 gpt Silver Over 39.9 Meters at Columba Silver Project, Mexico

January 8, 2020

Kootenay President and CEO James McDonald states, “We continue to be pleased with drill results from Columba that now indicate significant strike extensions to the F vein and a potential new zone in the B vein south of the old mine workings.”

Discovery Drills 34.7 meters of 617 g/t Silver Equivalent, Including 3.7 meters of 2,524 g/t Silver Equivalent, at its Cordero Project

January 8, 2020

Taj Singh, President and CEO, states: “These first results from Cordero are very encouraging and support our thesis that within the very large resource area exists a shallow, higher-grade component. The presence of higher-grade gold in the most strongly mineralized areas is also positive. Cordero has many attractive features: open-pittable, good metallurgy and excellent surrounding infrastructure. We look forward to completing the exploration in 2020 required to re-scope and optimize this very exciting property.”

Magna Gold Outlines Broad Gold Zone at San Judas Gold Project in Sonora State Mexico With Assays of 26.40 g/t Au Over 0.5 Meters

January 8, 2020

President and CEO, Arturo Bonillas stated: “These sample results confirm our expectations for San Judas as a tier 1 exploration property. The address is right, the rocks are right, and the assays are right. We are evaluating our geologic and geochemical data to design a drill program for San Judas in 2020.”

Gainey Capital Updates Las Margaritas Exploration Program

January 8, 2020

Gainey Capital Corp. has had successful meetings and communication with the local communities at Las Margaritas to better understand and address their concerns… Gainey expects these discussions to conclude shortly and is looking forward to resuming the exploration/drilling plan soon thereafter.

Hexagon Strengthens Claim as Digital Mining Leader with Blast Movement Technologies Acquisition

January 7, 2020

“This is great news for Hexagon customers,” said Nick Hare, Hexagon’s Mining division COO. “The Blast Movement Technologies system is the only one of its type and generates significant profits for customers in every blast at over 120 open pit mines globally. The company is rapidly growing and is becoming standard best practice for open cut mining operations. It will be a highly valuable and complementary addition to our suite of pit-to-plant digital solutions.”

Sable Resumes Drilling at Vinata, Acquires Drilling Permits for its Projects in Argentina and Two Key Permits for Scorpius Project in Peru

January 7, 2020

“The presence of this large halo of argillic alteration with anomalous gold values intercepted in several of our drillholes strongly suggests that Vinata is a robust epithermal system that deserves further drilling to understand it properly and to search for the possible occurrence of the actual feeder of the system.” commented Ruben Padilla, Sable’s VP of Exploration