Day: January 19, 2021

Capstone Advances Two Operational Growth Projects to Sustain 200 Mlbs Copper Production Starting in 2022

“This is the first year of a multi-year growth phase for Capstone that will target 40% higher production with 15% lower costs by 2022, compared to last year’s guidance,” said Darren Pylot, President and CEO. “In the coming weeks, we will close the $150 million silver stream announced last month with Wheaton Precious Metals and it will allow Capstone to become debt free in 2021, while operating in this strong copper price environment.”

VanGold Increases Placement to $12,600,000

The Private Placement remains subject to acceptance of the TSX Venture Exchange and is expected to close immediately prior to or concurrent with the Company’s acquisition of the El Cubo mine and mill complex.

Discovery Announces 2021 Work Program & Budget at Cordero

Taj Singh, President and CEO, states: “We anticipate 2021 will be a transformative year where we firmly establish Cordero as one of the few silver projects globally that offers margin, size and scaleability. Our focus is to both de-risk the Project by delivering a technically robust PEA, and to deliver resource growth, by expanding known zones and making new discoveries.

Mexus Continues To Meet Its Production Goals at Santa Elena Mine

“Mexus continues mining at the Mexus III area where a potent shear zone is being followed. Assayed results are showing between .7 to 1.3 g/t Au with approximately 600 tons a day being moved to the crushing plant. Leaching continues to produce .2 to .35 ppm Au at 60 gpm producing 3 ozs per day which is expected to double by February 1st.”

All News