Valterra Reports on Corporate Matters
April 28, 2020
Valterra Resource Corporation is pleased to announce the appointment of John Kerr, P.Eng. Geologist to the board of directors.
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Valterra Resource Corporation is pleased to announce the appointment of John Kerr, P.Eng. Geologist to the board of directors.
Prior to the temporary suspension of exploration drilling activities at Cordero, 48 holes totaling 17,500 m of the Phase 1 drill program had been completed. Assays from 24 holes are pending.
Candente Gold Corp. is pleased to advise that Matthew Melnyk, M.Sc., CPG, has been appointed to the role of Director of Operations to oversee a new growth strategy for Candente Gold.
“We strive to integrate our ESG principles at every level of our business – from our Board of Directors to our frontline employees and contractors,” said Mitchell J. Krebs, President and Chief Executive Officer. “Publishing our Responsibility Report, validates our goal of increased transparency and accountability for our sustainability objectives.”
Fred Stanford, President & CEO of Torex, stated: “By the beginning of 2024, the open pit portion of ELG will be mined out and Torex expects to be mining exclusively from underground resources, primarily from Media Luna. Between now and 2024, we have lots of time to continue the process of upgrading underground resources to reserves.”
“While waiting for the travel restrictions to be lifted, we took the opportunity to further refine our understanding of the geology at Cerro Caliche, in order to fine tune our exploration strategy,” said Kenneth MacLeod, President and CEO of Sonoro. “This report highlights the exceptional potential for both significantly increasing the gold resource and outlining much higher-grade gold zones as we drill deeper.”
The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Megastar Development Corp. wishes to report that it has amended the option agreement dated April 5, 2017 with DeepRock Minerals Inc. whereas DeepRock may purchase a 50% interest in Megastar’s wholly-owned Ralleau Property in Quebec.
In Mexico, as of May 18, 2020, the Suspension of Activities Will Not Be Applicable to Municipalities That Present a Low or Null Transmission of COVID-19
MAG intends to use the net proceeds of the Offering to fund exploration and development of the Juanicipio Project and for working capital and general corporate purposes. The Offering is expected to close on or before April 30, 2020, subject to satisfaction of customary closing conditions including the approval of the Toronto Stock Exchange.
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