The high-grade silver zone outcrops as the ridge capping on top of the Mesa de Plata hill. It contains Measured and Indicated Mineral Resources of 15.5Moz silver in 1.8Mt @ 275g/t Ag within the overall Mesa de Plata Mineral Resource of 27.4Moz silver in 10.5Mt @ 82g/t Ag.
The proceeds of this Offering will be used exclusively for generative exploration activities on McEwen’s properties in the Timmins region.
The Company intends to use the net proceeds of the Offering to advance construction of its 100%-owned Santana gold development project located in Sonora, Mexico; further exploration activities at its other 100%-owned development projects located in Mexico, and; general corporate purposes.
The Company intends to use the net proceeds from the Offering for exploration and general working capital purposes.
Concurrently with the completion of the Arrangement Evrim changed its name to “Orogen Royalties Inc.” Orogen will begin trading on the TSX Venture Exchange under the symbol “OGN” on August 20, 2020.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
