Day: August 4, 2020

Prime Mining Announces Appointment of New CFO

Prime Mining Corp. is pleased to announce effective August 1, 2020 the appointment of Ian Harcus as Chief Financial Officer, replacing Mr. Simon Anderson who relinquishes his role as Chief Financial Officer but will remain with the Company in a transition capacity.

Inomin Acquires La Gitana and Pena Blanca Gold-Silver Projects

John Gomez President & CEO of Inomin Mines, says “The acquisition of La Gitana and Pena Blanca provides us with two gold and silver projects where initial exploration has discovered significant mineralization. At La Gitana we look forward to exploring untested areas to expand the core disseminated and high-grade gold-silver zone already delineated by drilling. Pena Blanca is geologically similar to La Gitana with a larger exposed alteration area, indicative of a major gold-silver system.”

Sailfish Provides Update on Gavilanes Silver Property

Sailfish Royalty Corp. would like to remind its shareholders that on November 9, 2018, the Company was granted the option to acquire the Gavilanes silver property located in Durango, Mexico as part of the restructuring of the original gold stream on San Albino.

Pan American Silver Increases La Colorada Skarn Deposit Mineral Resource Estimate to 100.4 Million Tonnes and Provides Drilling Update

“In the span of only 18 months, we have been able to discover over 100 million tonnes of polymetallic mineral resources through this exciting skarn deposit at La Colorada. Exploration drilling continues to demonstrate the extent of the mineralized system, which remains open in nearly all directions for resource expansions,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.

Endeavour Silver Reports Financial Results for the Second Quarter 2020

Bradford Cooke, Endeavour CEO, commented, “I am pleased to report that notwithstanding the suspension of mining operations during the 2nd quarter due to the COVID-19 pandemic, Endeavour was able to reduce its net loss quarter-on-quarter, as each mine generated positive Mine Free Cash Flow thanks to improved operating performance and higher precious metal prices. After the mines restarted, we were able to outperform our adjusted mine plans in June. We are now looking for opportunities to enhance safe production in H2, 2020.”

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