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.
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.
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 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.”
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.”
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 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.
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