Month: January 2021

Aztec Minerals Shareholder Update: Review of 2020 and Outlook for 2021

Bradford Cooke, Chairman and Founder of Aztec, commented, “Aztec Minerals enjoyed quite a turn around in 2020, highlighted by the successful results of our Phase 1 RC drill program at Tombstone, and the formation of our 65/35 Joint Venture with Kootenay Silver on the Cervantes Project.”

GR Silver Mining Reports Wide and High-Grade Zones from New Underground Drilling in the Plomosas Mine Area:

GR Silver Mining President and CEO, Marcio Fonseca, commented, “These are extraordinary drilling results from the Plomosas Mine Area, indicating potential for size and scalability in the geological model to host attractive precious and base metals mineralization in areas close to existing underground development. We will continue with underground drilling in the vicinity of this polymetallic mineralization in 2021 and will also apply the technical knowledge to look for similar mineralization in other targets in the Plomosas Silver Project.”

Oroco Resource closes $15.48 million private placement

The proceeds of the Financing will be used to generally advance the Santo Tomas Project, including the environmental permits, expansion of the Company’s Definition drill program, which will include both additional infill and step-out drilling, preliminary engineering studies, and general corporate purposes. In addition, certain contingent legal costs relating to the acquisition of the core Santo Tomas concessions are to be paid.

Mexus Increasing Gold Production Capacity At Santa Elena Mine

“As 2021 begins I’m reminded of the great opportunity we have at the Santa Elena property. Mexus controls over 20,000 acres with half being on the Mojave Sonora Mega Shear Zone. Fresnillo’s Noche Buena and La Herradura mines, which neighbors Mexus property, are mining this same system.”

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