“Ongoing global economic uncertainty negatively impacted commodity prices in the fourth quarter and that has continued into 2020, exacerbated by the effect on markets from the Coronavirus and the impact of severe weather conditions in British Columbia, followed by blockades on rail lines,” said Don Lindsay, President and CEO.
Jonathan George, CEO comments: “We are excited to have closed this first tranche of the private placement, which allows us to secure and finalize our upcoming maiden drill program on our Rebeico project’s New Year zone, where high-grade gold has been encountered.”
Spectral Evolution will introduce the oreXplorer and oreXpert portable field spectrometers at this year’s PDAC convention in Toronto. The rugged units allow real-time mineral analysis.
Kootenay President and CEO, James McDonald stated: “We are pleased and honoured to be recognized as a top 50 performer in the 2020 TSX Venture 50™. This selection not only validates the quality silver assets assembled by the Company but also recognizes the hard work conducted by our talented technical and administrative teams in Mexico and Canada.”
San Marco Resources Inc. announces that it has closed its over-subscribed non-brokered private placement by raising C$ 784,849.91 from the issuance of 5,813,703 units at a price of $0.135 per unit.
“We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces. With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the most prospective in Mexico” said Brad Langille, President and CEO.
Fortuna Silver Mines, Inc. is pleased to provide 2020 production, cost, and capital expenditures guidance for its mining operations in Latin America.
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