Jody Kuzenko, President and CEO, stated: “I’m so proud of our entire team for achieving this exceptional milestone — truly industry-leading performance from an industry-leading team. I have always believed that when we get safety right, operational and financial performance follows suit, and we certainly see that ring true in terms of our year to date results.”
Mr. Carlos Silva, CEO, stated; “After recently closing our private placement and securing new underground equipment, our mines immediately saw efficiency and production improvements which are reflected in the monthly production statistics. We expect continued improvements and anticipate a robust production increase for this fourth quarter of 2020.”
Ethos Gold Corp. announces that it has completed a non-brokered private placement for gross proceeds of $100,000.
The Manto America area hosts the strongest gold-in-soil geochemical anomaly on IMPACT’s claims and extends over an area 3.5 km E-W and 900m N-S. It is located 10 km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant.
Canuc Resources Corporation is pleased to announce the start of a drone supported, high frequency, magnetic survey over its newly acquired claims at the San Javier Silver-Gold Project. The magnetic survey will identify significant magnetic response targets for follow up drilling.
Barksdale Resources Corp. announces that it has appointed Mr. Andrew Pooler as the Company’s Senior Vice President of Project Development. Mr. Pooler will be overseeing the advancement of the Company’s project portfolio, including the San Javier copper-gold project in Sonora, Mexico.
Silver Dollar Resources Inc. is pleased to announce it has hired Mark Malfair as Country Manager to work alongside the Company in guiding future exploration efforts at the La Joya Silver Project in Durango, Mexico.
President and Chief Executive Officer of Golden Minerals, Warren Rehn, notes, “The receipt of the environmental permits for our Rodeo mine puts us on schedule to begin mining in January 2021. We expect to begin delivering gold-bearing material to our Velardeña mill early in January and begin processing immediately.”
“In spite of the devastating pandemic which has hit Mexico very hard, our operations are ongoing without major issues. This is mainly due to the discipline of our work force, our management team’s commitment to the health of our workers and the respect for the rules and measures taken by the Mexican Government,” reported Salvador Garcia, Chief Operating Officer of the company.
“We remain extremely confident in the merits of our NAFTA and TFJA cases, and with this funding we are prepared to take both actions to their full and final conclusions, if necessary. It is unfortunate that we are being forced to fight these legal battles to counter the unlawful actions of Mexico’s previous political administration; actions that have deprived the citizens of Mexico from realizing the substantial societal and economic benefits that the ExO Phosphate Project will deliver.”
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