Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “Santo Domingo Project, Region III, Chile, NI 43-101 Technical Report” for the positive update announced on January 19, 2020.
“Despite the challenging environment, our employees have demonstrated unwavering commitment over the past two months to combat this global pandemic,” said Prahlad Singh, president and chief executive officer, PerkinElmer. “The breadth of PerkinElmer’s total workflow solution puts us in a unique position to rapidly address the needs of our clinical diagnostics customers.”
Canasil Resources Inc. announces that the TSX Venture Exchange has accepted for filing documentation with respect to the non-brokered private placement of 5,085,000 units at a price of $0.08 per Unit for total gross proceeds of $407,000 announced on February 19, 2020.
“The health, safety and well-being of all our employees and the communities that we operate in continue to remain our priority. As directed by the Quebec government, our Quebec mines will be placed on care and maintenance. At the same time, our Nunavut mines will be operating at reduced levels”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
“Drilling continues at Los Ricos with 6 drill rigs as we accelerate the drilling required for our initial resource. At the Los Ricos North Project we continue with the groundwork preparing for an upcoming drill campaign, which we anticipate commencing after the Easter break,” said Brad Langille, President and CEO. “We continue to monitor the COVID-19 developments in Mexico and have implemented additional safety procedures at both Los Ricos and Parral as described in PR#11 dated March 18, 2020.”
Aura Minerals Inc. announces that, in light of current market conditions arising as a result of COVID-19, the Company has decided to postpone its initial public offering in Brazil and concurrent listing of Brazilian depositary receipts on B3 S.A. – Brasil, Bolsa, Balcão, which was announced on March 3, 2020.
“The Government of Quebec ordered the mining industry to reduce to minimum operations as part of the fight against the COVID-19 virus, so we are suspending our Casa Berardi operations,” said Phillips S. Baker, Jr., Hecla’s President and CEO.
“First and foremost, our focus is on ensuring we protect the health and safety of our employees and the communities in which we operate. At Island Gold, approximately half of our employees travel from various parts of Ontario and Quebec, while the other half are local residents. We have a very unique camp set-up at Island Gold, with the camp located directly within the town of Dubreuilville. For these reasons, we have decided that the best way to minimize the possible spread of the virus is to temporarily suspend the operation of the mine. This is a rapidly evolving situation and we will take further action based on the best available information,” said John A. McCluskey, President and Chief Executive Officer.
Silver One’s President and CEO Greg Crowe commented, “With the steady advance of COVID19 and the associated uncertainty in the markets, Silver One management wishes to assure shareholders that the Company is well positioned to weather what we hope is a short lived event. With over Cdn$ 6 million in its treasury, the Company is prudently managing its exploration and other costs throughout 2020 and into 2021.”
Azure Minerals Limited provides an update on its Mexican operations, with the Company implementing several important changes to ensure workplace safety and balance sheet preservation in response to the COVID-19 pandemic.
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