Day: April 2, 2020

Golden Minerals Announces Corporate Initiatives in Response to COVID-19 Uncertainties

The Company is following World Health Organization protocols and local government rules and recommendations at all its projects and corporate offices. Office employees are working remotely wherever possible. Certain business restrictions have been implemented in Mexico, but currently the Company’s oxide mill at Velardeña (Durango State, Mexico) continues to operate normally as it processes ore for Hecla Mining Company’s San Sebastian mine per the terms of an existing agreement.

Golden Minerals Announces Updated Preliminary Economic Assessment for Velardeña Project

Golden Minerals President and Chief Executive Officer Warren M. Rehn remarked, “The Velardeña mines now present an attractive scenario for a potential restart. The most difficult challenge we previously faced at the Velardeña mines was the low payable gold recovery, a challenge which we believe is solved with the addition of a relatively low-cost bio-oxidation circuit at our existing processing facility.”

Vizsla Provides Update on Field Operations in Mexico

Vizsla Resources Corp. reports that the Company is postponing its Mexican exploration operations at the Panuco project in accordance with the recent announcement by the Mexican Federal Government to temporarily suspend all non-essential business operations until April 30, 2020, in response to the COVID- 19 virus outbreak. During this time, however, the Company expects to release drill assays from the Project.

Mexican Government Declares COVID-19 National Health Emergency, Only Essential Services to Remain Open, Endeavour Silver Suspending its Mexican Mining Operations Until April 30, 2020

Bradford Cooke, Endeavour CEO, commented, “Suspending our mining operations on a temporary basis is the best way to ensure the health of our work force during this COVID-19 crisis. We are also working with the local communities to protect the health of the local people, inform them of the precautions needed to stay healthy, and provide medical supplies, masks, cleaners and disinfectants as needed.”

Excellon Provides Update on Developments Related to COVID-19 Response

“We stand with the People and Government of Mexico, as we all have a part to play in stopping this global pandemic,” stated Brendan Cahill, President and CEO. “We hope that the significant steps Mexico has taken will save lives across the country. We stand ready to safely resume operations at the appropriate time to contribute to our local economies and critical global supply chains.”

GoGold Provides COVID-19 Update

“While we have not experienced a known or suspected case of COVID-19 in the Company, safety and the health of our employees, contractors, and communities where we are operating is our top priority in this unprecedented time. Parral’s operation, being a heap leach, makes it essential to continue the circulation of leaching solution which will continue to produce silver and gold during this period. All essential employees for this operation will follow safety protocols and precautionary measures, while exploration activity at Los Ricos will be temporarily suspended allowing our team to focus remotely on a resource model,” said Brad Langille, President and CEO.

Alamos Gold Provides Update on Mulatos and Island Gold Operations

The temporary suspension of operations at Mulatos follows a mandate by the Mexican Government to suspend all non-essential businesses until April 30, 2020 in response to the COVID-19 crisis. The Company will be scaling down mining and other activities over the next few days. Essential employees will remain on site to continue processing and other critical site activities (including water management, environmental protection and security).

Agnico Eagle Provides Update on Mexico Operations

The Government of Mexico has defined mining operations as a non-essential business. Pursuant to the Decree, mining operations at the Company’s Mexico operations (Pinos Altos, Creston Mascota and La India) are ramping down activities in an orderly fashion while ensuring the safety of employees, the sustainability of the infrastructure and compliance with government regulations and environmental standards. Each of these operations will be placed on care and maintenance until April 30, 2020. Exploration activities in Mexico will also be suspended during this period.

Avino Complies with the Mexican Government COVID-19 Order

David Wolfin, President and CEO commented, “We are following the orders put forth by the Mexican Government to temporarily suspend operations. Avino understands the seriousness of COVID-19 pandemic and will ensure the safety of our communities, which includes all of our employees. As of today’s date we do not have any cases of COVID-19, which relates to our rigorous health and safety procedures that were implemented weeks ago. Above all, the health and wellness of our employees globally is our top priority.”

Equinox Gold Provides Update Related to COVID-19 Pandemic

Equinox Gold will temporarily suspend mining activities at its Los Filos Mine in Guerrero State, Mexico in compliance with a recent order by the Federal Government of Mexico requiring the temporary suspension of all non-essential businesses until April 30, 2020. The Company will continue processing solution from the heap leach pads and expects that gold production will continue at a reduced level through the temporary suspension.

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