It is anticipated that upon the completion of the Arrangement Paddy Nicol and John Thompson will resign as directors to facilitate the appointment of nominees of Renaissance. Furthermore, the Company will change its name to Orogen Royalties Inc. Paddy Nicol will remain as President and CEO of Orogen.
The Company continues to adjust to the unprecedented COVID-19 conditions. At Las Chispas, the Company installed a fully confined temporary camp with a capacity for 160 essential persons to continue its exploration, underground development, and construction of early works with the objective of limiting potential exposure of personnel and nearby communities to the virus.
“We continue to work carefully at the Juanicipio Project, respecting social distancing and maintaining very high levels of hygiene” said George Paspalas, President and CEO.
Silver Tiger CEO, Glenn Jessome states, “These underground channel samples in the Fundadora, Protectora, Caleigh and Aquilas Norte veins confirm high grade silver values across kilometers of strike length in these vein extensions North of the historic El Tigre Mine. We look forward to beginning drilling on all of these veins at the end of August.”
Ron Goguen, Colibri’s President & CEO states “We are excited to be completing this survey and obtaining this data. It is anticipated that recently mapped and sampled structures will have a magnetic signature which we can follow along strike and under the cover of alluvium and colluvium.”
La minera Fresnillo PLC realiza pruebas rápidas para detectar COVID-19 a los habitantes de algunas colonias y comunidades de El Mineral.
Simon Clarke, CEO of Apollo Gold stated, “We are very pleased that the Option Agreement is now unconditional, and we can start to plan the launch of initial work programs on these highly prospective concessions. With the size and scale of the mines and deposits in the surrounding District, combined with the reports of historic work undertaken, we believe the Apollo Concessions present a great opportunity for Apollo Gold and we are excited to start work on the Properties.”
“We are very impressed with the grades and continuity found at El Fierro Bajo. These at surface veins demonstrate high-grade cores with well mineralised halos of up to 7m,” commented Ruben Padilla, President and CEO of Sable..
“The operational excellence programs and strict cost control have proven successful with higher productivity, better grade and a total cost reduction” said Salvador Garcia, COO of the Company.
“We are very pleased to have boots on the ground for our Phase 1 mapping and sampling on El Mezquite, a low grade, epithermal target in a very productive, mining-friendly region,” stated Greg Davison, PGeo, Director and QP of Silver Spruce.
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