Day: March 19, 2020

Almaden Minerals Ltd. today announced that it has amended its private placement originally announced on March 10, 2020 in order to reflect current market conditions.

“Most of our mine workers come from the local communities surrounding the mine where movement of themselves and their families is limited. In conjunction with local authorities we are actively disseminating information on COVID-19 precautionary measures to our employees and their families. We will continue to monitor their health and for signs of early symptoms of the virus on a regular basis to ensure safety of our staff.”

Taj Singh, President and CEO, states: “Ensuring the health and safety of our workforce is Discovery’s highest priority. There have not been any confirmed or suspected cases of COVID-19 at any of our operations however the Company has begun implementing various precautionary measures aimed at reducing the risk of COVID-19 impacting employees, their families, local communities and all stakeholders.”

Executive Chairman Daniel Kunz comments, “Prime Mining is providing this update on the impact of unprecedented global events on Prime’s operations and business opportunities. Human health and safety comes first in our world of mineral exploration and mining. Now we extend that concern to our homes, members of our communities and people around the globe. My fellow directors and management of Prime join me in extending our sincere wishes that you, your families and communities stay safe and healthy”.

Equinox Gold Corp. is closely monitoring the COVID-19 pandemic and has taken precautionary measures at its mine sites and offices to help protect the safety of the Company’s workforce and local communities.

Riverside Resources Inc. provides a brief update to its shareholders and followers during this unprecedented time with the COVID-19 outbreak, evolving government recommendations and current market uncertainty. The Company remains in a strong overall position with high-value properties and partnerships which also help to reduce capital expenditures. The Company currently has local teams on the ground carrying out partner-funded work programs on Riverside owned assets. Riverside continues to maintain a tight share structure, with no debt and cash in the bank.

As part of an effort to protect the people of Nunavut, Agnico Eagle has decided to send home its Nunavut based work force from the Meliadine and Meadowbank operations as well as the exploration projects for a period of four weeks.

Excellon Resources Inc. and Otis Gold Corp. announced today that they have filed a joint management information circular which will be mailed out to their respective shareholders’ next week for the meetings to be held on April 17, 2020, in connection with the previously announced acquisition by Excellon of all of the issued and outstanding shares of Otis pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

“Over the past year, Hecla took steps to de-risk all aspects of the business, which now puts us in a position to respond to COVID-19,” said Phillips S. Baker, Jr., President and CEO.