Observations made during the study have identified 7 exploration targets of interest within the two areas thus far. Upon receipt of the geochemical sample results from the program Colibri will determine next steps of the program which will include drilling and a possible geophysics program.
Negotiation talks between the company and union workers broke down last Thursday after both sides failed to reach an agreement.
Taj Singh, President and CEO of Discovery states: “We are pleased to join the OTCQX Market. Our current and future investors will benefit from a stronger and more efficient platform to trade within the U.S. that also provides us with significant additional market exposure.”
“Discovery Metals Corp joins nearly 200 companies listed in Canada that cross-trade their shares on the OTCQX Best Market in the U.S.,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group.
Diversified miner South32 Ltd said Monday it has appointed Guy Lansdown as independent non-executive director with effect on December 2.
Mexus Gold US confirmed that leaching commenced 11/12/2019 at its Santa Elena mine located in Caborca, Mexico.
Greg Crowe, President and CEO of Silver One Resources commented, “The results of the geophysical survey are very revealing and valuable, as they point to a completely new target not previously identified which exhibits geophysical characteristics similar to IOCG systems in various parts of the world.”
Con esta ampliación y su crecimiento en la producción, la planta de zinc de Industrias Peñoles pasará del lugar décimo cuarto al sexto como productora de este metal a nivel mundial.
Jorge A. Ganoza, President and CEO, commented, “On the strength of our two operating mines and improved metal prices, we generated adjusted EBITDA of $19.2 million with strong free cash flow from ongoing operations of $10.6 million in the third quarter of 2019.”
“This represents another positive step towards achieving our plan for Florida Canyon,” said Mark Backens, President and CEO of Alio Gold. “Construction of the Phase II leach pad is already underway, and this funding will help us toward our goal of completing construction in Q2 2020 to take maximum advantage of operational efficiencies which we expect will drive cash flow.”
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