The proceeds from the Private Placement are expected to be used by the Company to purchase underground equipment for its Zimapan property and for general working capital and corporate purposes.
Excellon Resources Inc. is pleased to announce the appointment of Paul Keller, P. Eng. as Chief Operating Officer and Alfred Colas, CPA, CA as Chief Financial Officer.
“I’m very pleased to welcome Anna Ladd-Kruger to McEwen Mining. Anna is an experienced and innovative leader with broad global experience and a proven track record of leading strong finance teams,” commented Rob McEwen, Chairman and Chief Owner.
The net proceeds from the IPO will be used for working capital and to carry out exploration of the Company’s Palos Verdes Property located in the southern part of the State of Sinaloa in northwestern Mexico, approximately 65 kilometers NE of Mazatlán, Sinaloa, in the Municipality of Concordia.
Over the past couple of weeks, Pan American has been gradually redeploying its workforce at Huaron and Morococha following implementation of intensive health screenings and testing for the COVID-19 virus.
Tocvan is currently finalizing drill targets for Pilar, applying for the required permits, and negotiating with contractors in preparation for their near term drilling program.
“Qualifying for trading on the OTCQB is the next step in our ongoing effort to increase visibility, expand trading liquidity and broaden our shareholder base, said Mike Romanik, President of Silver Dollar. “Through the OTCQB, U.S. investors should find it easier to access our company information and most importantly trade our stock through the broker of their choice.”
“Our expansion into new areas has yielded several highly prospective geologic finds consistent with those seen in producing mine regions elsewhere along the emerging Au-Ag mineral belt,” said David Jones, Exploration Manager and Director of Megastar. “The systematic application of our exploration model continues to expand target areas within our existing projects and has guided us to previously unrecognized mineral districts with additional exploration potential.”
“Our exploration program at the La Trini target in Los Ricos North is continuing to provide strong results and a better understanding of what controls high grade mineralization. Our drilling program in Los Ricos North is rapidly expanding from La Trini towards Salomon-Favor with a total of 6 drill rigs currently and a plan to increase to 8 to 10 rigs over the next 60 days,” said Brad Langille, President and CEO.
Mexican precious metals mining company Fresnillo said on Wednesday it had taken up $481.721 million of a tender offer to buy back some $800 million of its notes maturing in 2023.
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
