Day: August 25, 2020

Mithril Hits Bonanza Gold and Silver Grades at Copalquin Project

“We are extremely pleased to have intersected the high grade La Soledad vein with the first drill hole of the program and excited to report these bonanza grades for both gold and silver. The second hole located part of the old workings and also returned an excellent intersection from the footwall of the vein.”

Teck Announces Dividend

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on September 30, 2020, to shareholders of record at the close of business on September 15, 2020.

Experienced Newmont Leader Appointed at Peñasquito

Newmont Corporation announced today that Bernard Wessels has been appointed General Manager of the Peñasquito mine, replacing Jim Cooper. Jim Cooper’s employment with Newmont has been terminated with immediate effect for violations of Newmont’s Code of Conduct while working for the Company in Australia.

VVC Announces New Private Placement

Net proceeds of the Financing, after paying the general costs of the issue and the cash portion of the Finder’s Fee, will be used will be used as needed for (a) development on the Kaity Property in Chihuahua, Mexico, including costs associated with various permits, metallurgical bench testing of the copper mineralization, and investigation, evaluation and implementation of the Gloria Pilot Mining Project, (b) option payments in Mexico, (c) current accounts payable, (d) general administrative expenses, and (e) working capital.

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