Day: May 12, 2020

Galore Resources Inc. is pleased to announce that it will begin a non-brokered private placement to raise gross proceeds of up to CDN $200,000.

Christian Milau, CEO of Equinox Gold, stated: “Exploration efforts at Aurizona in 2019 successfully replaced mined reserves and increased mineral resources with the addition of a maiden open-pit resource at Tatajuba. Exploration at Aurizona during 2020 will focus on adding further resources along the Piaba trend, expanding the Tatajuba resource and upgrading inferred resources to indicated in the Piaba underground area to support a pre-feasibility study for the potential underground mine. Collectively, these endeavours are focused on extending the mine life, optimizing operations and increasing annual production at Aurizona.”

Pete Dougherty, President and CEO stated: “We are starting to see the benefits of the operational changes we implemented in late 2019 and early 2020 and expect to see the positive impact of these benefits throughout the balance of the year.”

San Marco’s Executive Director, Bob Willis, states “We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity.”

Endeavour CEO Bradford Cooke commented: “2019 marked our 15th year as a producing mining company. However, it was also a very challenging year for our mining operations, which impacted our sustainability performance. We made sweeping changes at each mine and initiated programs to improve our performance in all areas of the business. As a result, we are already seeing improvements to benefit our sustainability.”

San Marco’s Executive Director, Bob Willis, states “We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity. We intend to aggressively ramp up exploration efforts, with our ‘boots on the ground’ exploration team arriving on site in about three weeks.”