Day: January 15, 2018

Commenting on the drilling campaign, Azure’s Managing Director, Mr Tony Rovira said, “The latest results from the Oposura East Zone continue to be encouraging, with high grade zinc and lead mineralisation being consistently intersected, confirming the continuity of the near to surface, massive sulphide mineralised horizon. While drilling initially focused on the East Zone, drilling is now being conducted concurrently in both the East and West Zones, and results continue to be regularly received.”

Fred Stanford, President and CEO of Torex stated: “The re-start of operations is an encouraging development, as is the support of so many community members and employees. The majority of employees want to return to work, and even in the face of threats of violence and sabotage from the blockaders, they have been returning to the ELG Mine Complex to assist with the re-start of the operations.” He added: “It is unclear whether these threats are a negotiating tactic or an expression of their intention. We certainly hope they are just a negotiating tactic and will not be acted upon. However, we cannot be sure.” Mr. Stanford stated further: “We thank the communities of Nuevo Balsas and Valerio Trujano, the members of the CTM union, and the employees for their public support for the mine and their continued requests for government intervention to enforce the rule of law. Although the uncertainty continues as to whether the rule of law will prevail, great courage has been demonstrated by employees and community members as they look for ways to get the operations re-started for the benefit off all.”