“We are maintaining communication with drilling and geological teams in Mexico to exercise contract offers on a timely basis and we look forward with great anticipation to initiation of our fully funded Phase 1 drilling program on the Pino de Plata silver project.”
J. Duane Poliquin, Chairman of Azucar commented, “We are pleased to provide this initial resource estimate for the Norte Zone, which is a significant mineral endowment at just one of the many targets at the Project.”
Geo Digital has prioritized 3 areas on the property for follow-up exploration work identified as the West Evelyn target area, the El Sahuaro target area, and the NW Cerro Rojo target area on the attached map.
DynaUSA CEO and DynaMéxico President Mr. K.D. Diepholz noted: “The $48M USD Recognition Claim against Goldgroup Resources Inc. is the final step in the litigation against Goldgroup. The $48M USD award constitutes damages caused by Goldgroup to DynaMéxico, and DynaMéxico intends to pursue all legal avenues for collection of the damages from Goldgroup.”
Mr. Glenn Jessome, Chief Executive Officer of Silver Tiger Metals will give an overview of the Company. He will present its program – the El Tigre Project in Sonora, Mexico.
Gray Rock Resources Ltd. is pleased to announce that Mr. Stephen Williams, P.Eng, MBA, has been appointed to the Company’s Board of Directors, effective immediately.
Fresnillo plc announces that it is extending the expiration time of its previously announced offer to purchase for cash any and all of its outstanding US$800,000,000 principal amount of 5.500% Notes due 2023, to 5:00 p.m., New York City time, on September 29, 2020.
Capitan’s CEO, Alberto Orozco, stated: “I am very excited to commence drilling at the Peñoles Project, and to be doing it as scheduled despite the challenges faced by our industry pertaining to Covid. We have a great technical team at Capitan, with significant experience in heap leach projects in Durango, Mexico. I am also pleased to have Layne de Mexico contracted as our driller at the Peñoles Project.”
Paddy Nicol, Orogen’s CEO states, “These results are exciting and have potentially meaningful implications for Orogen’s royalty on the Silicon project. The drill holes are located approximately 1,500 metres from the southern extent of AngloGold’s drilling on the main Silicon area.”
“At La Soledad, the drilling has confirmed the high grades for gold and silver and has indicated considerable size for the La Soledad mine area with multiple high-grade parallel veins intercepted in this preliminary program. We are very pleased with these first drill results and to have gained considerable understanding about this multiple high-grade vein system. We look forward to returning to La Soledad in the next program.”
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