“2019 exploration drill results incorporated into the latest December 31, 2019 reserve reports for both the Nevada and Oaxaca Mining Units demonstrate significant exploration potential,” stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “The signing of the definitive share purchase agreement, and the ultimate acquisition of the Plomosas Project, together with the associated infrastructure and exploration database, will allow the Company to advance hunt for additional high-grade silver and gold resources in 2020.”
Millrock President & CEO commented: “The proximity to a high-grade mine, and proximity to a new high-grade gold deposit discovery made by our neighbours just on the other side of our mutual claim boundary, along with strong geological, geochemical and geophysical anomalies, make the Aurora target highly compelling.”
Sable Resources Ltd. is pleased to announce the appointment of Dr. Ruben Padilla to the position of company President & CEO. Mr. Obradovich, former President and CEO, will continue to support the company on the board and as executive chairman.
“Equinox Gold achieved its growth objectives in 2019 and had a strong fourth quarter of production from both Aurizona and Mesquite, with lower costs and improved cash flows,” said Christian Milau, Chief Executive Officer.
Dan Wilton, CEO of First Mining, stated “I am excited about the ongoing success from drilling at Goldlund which continues to showcase the Project’s potential for expansion not only from regional exploration, but also at the existing resource area.”
Equinox Gold Corp. and Leagold Mining Corporation are pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica with respect to the pending merger between Equinox Gold and Leagold. COFECE approval was the final government agency approval required before completing the merger, which is anticipated to occur in the second week of March.
CEO John Lawrence said “The initial trials of the cyanide leach circuit for Los Juarez have been a success. We intend to have further details on estimated grades as production is ramped up. Proceeds from the 100 ton per day pilot will be used to complete the installation of the 400 ton per day mill.”
First Mining Gold Corp. is pleased to announce that due to strong demand, the Company has upsized and closed a second tranche of its previously announced non-brokered private placement financing for gross proceeds of $5.1 million.
An aggregate of 2,263,666 units at a price of $0.15 per Unit were issued in the Final Tranche for gross proceeds of $339,549.90 and the net proceeds are expected to be used for ongoing working capital requirements relating to the Rebeico gold-copper project in Sonora, Mexico.
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