Month: August 2020

Morgan Good, Chief Executive Officer of Carlyle, commented: “We are very excited and extremely fortunate to have the likes of Mr. Jessup and Mr. Blanchet on our newly formed Advisory Board.”

Riverside’s President and CEO, John-Mark Staude, stated: “We continue our Company’s generative approach acquiring district scale projects whereby major mining companies can work systematically with Riverside and without serious third-party ownership interference. This Greenstone belt has been largely ignored since the last gold cycle. With recent discoveries in Red Lake and Rainy River explorers have focused on those areas and we believe the potential for new discoveries in this belt is excellent with the application of modern exploration approaches.”

“With our recent work defining a large footprint of high-grade mineralisation at El Fierro, this strong interest from both institutional and retail investors firmly supports our decision to advance aggressively to drill phase at this project,” stated Ruben Padilla, President & CEO.

Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased to enter into this agreement with Copperbelt. We believe the Beskauga copper-gold Project represents one of the best exploration opportunities in the world. The high quality work that has been completed on the project to date indicates Beskauga is a huge mineralizing system that has considerable upside that has yet to be explored.”

“Although the Relief Canyon mine has taken longer to reach commercial production due to complications related to the COVID-19 pandemic, equipment challenges regarding the radial stacker and lower grade ore in the upper fringes of the deposit, as we access, have placed and leached the first of the higher grade ore, we continue to remain confident that these issues will be solved in the near term. These are typical start up challenges when commissioning a new operation,” said Americas Gold and Silver President & CEO Darren Blasutti.

“We are extremely excited about the initial drill results from the 5500 level that has already yielded several bonanza grades,” stated Americas President and CEO Darren Blasutti.

Para resolver el conflicto minero que derivó en huelga desde hace 13 años en Taxco, en demanda de mejoras salariales y seguridad por parte de Grupo México, expresó su disposición de intermediar entre las partes.

The Company intends to use the proceeds from the Private Placement for exploration of the Company’s portfolio of resource properties in Mexico and for general working capital.

During the quarter ended June 30, 2020, the Company raised Cdn$1,000,000 through the issue of 20,000,000 shares at an issue price of Cdn$0.05 per share, which financing was closed after the end of the quarter.

Excellon Resources Inc. is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2020 Annual Meeting held on August 13, 2020.