Day: April 1, 2020

Pan American Silver Provides Operations Update in Response to COVID-19

Michael Steinmann, President and Chief Executive Officer of Pan American, said: “We are carefully monitoring new developments regarding the pandemic, implementing the preventative measures recommended by health authorities and adapting our operations to government or company-led directives. The efforts of our employees have been invaluable in helping us manage this very challenging but temporary period, and I am grateful for their dedication.”

Premier Implements COVID-19 Response Plan at Mercedes Mine

PREMIER GOLD MINES LIMITED today announced that the Mercedes mine is in the process of taking final steps to place the mine into care and maintenance as part of action required in order to help protect the health of our employees, their families and neighboring communities from the growing threat of the COVID-19 pandemic. This action is in response of the Mexican federal government’s mandate that all non-essential businesses temporarily suspend operations until April 30th, 2020.

Oroco Announces Disclosure Deficiencies With Respect to the Historical Resource at Santo Tomas

The Company wishes to clearly reiterate that it does not classify the Historic Resource Estimate referred to in the Report as a current mineral resource and that it is not treating the Historical Resource Estimate as a current mineral resource. The historical work is being used by the Company solely to plan and guide the location of future exploration geophysics and drilling.

Gold Resource Corp. – Mexico Ministry of Health Orders Thirty-Day Suspension of All Non-Essential Business Including Mining

Gold Resource Corporation is in the process of furloughing its Oaxaca Mining Unit workforce, none of whom have been diagnosed with the virus. A limited operational staff will maintain safety and environmental systems at the Oaxaca Mining Unit along with performing care and maintenance with a goal to return to production as quickly as possible once the thirty-day suspension is lifted. Due to this mandated shutdown the Company suspends its 2020 production outlook.

Almaden Announces Mexican Federal Government Issues Decree to Temporarily Suspend All Non-Essential Businesses, Including Mining and Exploration, Until April 30, 2020 Due to COVID-19

J. Duane Poliquin, Chairman of Almaden stated: “We recognize the seriousness of this pandemic and have previously taken precautionary measures to protect our employees, their families and local communities. We will continue to monitor the situation closely and urge all of our stakeholders to take the necessary steps against the spread of this virus”.

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