Month: October 2020

Sable Announces Osisko Acquisition of 1% NSR for $5.5 Million

Ruben Padilla, CEO of Sable stated, “Osisko’s decision to exercise their option to acquire a second 1% NSR clearly demonstrates the confidence of this leading mid-tier royalty company in Sable’s capability to find new ore deposits.”

New Gold Reports Third Quarter Operational Results

During this quarter, the Rainy River Mine delivered another strong quarter of operational and technical performance. Mine operations ramped up towards the 2021 target capacity of approximately 150,000 tonnes per day and the mill delivered a record of 27,000 tonnes per day, reaching the maximum monthly average throughput allowable under the existing mill permit.

Silver Spruce Appoints Greg Davison, PGeo, as VP Exploration

“Silver Spruce Resources is excited to add Greg as the Company’s Vice-President, Exploration. I have known him for several years and find his experience, judgement and ethics to be of the highest order. He brings considerable expertise as we advance our projects in Ontario and Mexico,” said Dr. Brian Penney – Chairman & CEO.

Comet Unveils High-Grade Mexican Gold Resource

Comet Resources has wasted no time at its Santa Teresa gold project in Mexico, unveiling a high-grade maiden resource for the project, tipping the scales at 369,000 tonnes at an impressive 7.47 g/t gold. This initial estimate perhaps understates the potential of the deposit which hosts a wealth of high-grade intercepts and has only been drilled to 300m depth.

Comet Resources – Initial JORC Resource at Santa Teresa Gold Project

Comet Managing Director, Matthew O’Kane, commented “The initial JORC compliant Resource is the first step for Comet in moving forward with Santa Teresa. Through this process we have increased our understanding of the mineralisation. It is also interesting to see the sensitivity of the resource to different top cap grades. With the Resource being open at depth and along strike, I am confident that we can extend mineralisation with the upcoming drilling.”

AMLO pide a Slim no cerrar mina en Chihuahua

“Los asuntos que me trataron, de que están cerrando las minas y están dejando sin trabajo a la gente, desde aquí, desde Parral, hago un llamado respetuoso –porque sé que es un empresario con dimensión social–, le hago un llamado a Carlos Slim que tiene esa mina para que no la cierren y para que no deje sin trabajo a la gente”, dijo López Obrador este sábado.

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