The Company is pleased to announce that it is now fully permitted to continue exploration work, including a drill program, on its 100% owned San Diego silver-zinc project in Durango, Mexico.
Due to the emerging public health impact of the COVID-19 pandemic, Newmont’s 2020 Annual Meeting of Stockholders will be held in a virtual only meeting format on Tuesday, April 21, 2020, at 8:00 a.m. Mountain Time.
Dr. Steven Weiss, chief technical adviser for the Rebeico Project, commented “We’re very optimistic about this maiden drill program at the New Year Zone, especially considering the robust gold values obtained over a substantial area at surface”.
The highlight of progress to date is the development of the El Cuervo target, where wide zones (up to 40m) of silicification, breccias and veining with strong gold and silver rock chip geochemistry is being mapped and sampled 3.8km south east of the current drilled area at San Pedro.
To-date, activities at the Company’s two operating mines; Mercedes in Sonora, Mexico and South Arturo in Nevada, USA, have not been materially impacted by the COVID-19 pandemic.
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