McEwen Mining Operations and Exploration Update
June 17, 2020
McEwen Mining Inc. is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling.
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McEwen Mining Inc. is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling.
Mr Carlos Silva, CEO of the Company commented; “This past year was a period of both challenges and successes. In October 2019 we completed a two-step process with the Company acquiring a 50% interest in Carrizal Mining at each step. This has allowed the Company to operate the low cost Zimapan mine in Q3 and Q4 under a lease agreement with Grupo Peñoles.”
Al menos, 150 mineros pertenecientes al Sindicato Independiente, fueron despedidos por la minera Fresnillo PLC, luego de la riña campal que se registró el pasado viernes, entre estos últimos y los del Sindicato Nacional Minero Metalúrgico FRENTE.
James McDonald President and CEO comments, “This is a very good start to the program demonstrating sub surface values in line with those seen at surface. We believe this bodes well for future drilling where veins report high silver and gold grades along several kilometers of strike length. We are looking forward to announcing more results expected as early as the first half of July depending on lab turn around.”
“These holes represent the first round of drill results from our restarted drilling program, and also include our first drill intercept from the East Vein which is encouraging. With the drilling at Los Ricos North underway, we await assay results over the coming weeks which we believe could substantially broaden the potential of the Los Ricos district,” said Brad Langille, President and CEO.
CEO Michael Konnert stated “Vizsla now has two drill rigs testing two high-priority targets, the Napoleon vein system and the Cordon del Oro vein corridor. During the last two months, Vizsla has positioned itself to be in the best shape yet since commencing work at Panuco in Fall of 2019. While the site was paused due to COVID-19, Vizsla’s team has focused on completing the mapping of the site and further analysing the local geology.”
“All personnel, contractors and support items are ready for the commencment of drilling at Copalquin. Mobilisation is progressing smoothly with turning of the drill bit scheduled to commence before mid July 2020, under the experienced management of Hall Stewart, Chief Geologist.
Fortune Bay Corp. announces that the Board of Directors of the Company has approved the granting of 500,000 incentive stock options pursuant to the Company’s Stock Option Plan to Mr. Dale Verran.
Mexico Mining Center and DigiGeoData are pleased to announce they have formed a strategic alliance to bring the latest updated versions of Mexico mining property maps as part of the welcome kit for the attendees at the upcoming Discoveries 2020 Mining Conference.
Las dos naciones “han acordado extender por 30 días más las restricciones al tránsito terrestre no esencial en su frontera común, tras revisar el desarrollo de la propagación de COVID-19 en México y en Estados Unidos”, dijo la cancillería en un comunicado.
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