“Magna has a promising portfolio of silver projects in Mexico and an ambitious exploration program planned for the year. We expect good results from Margarita, as well as our other properties, and we look forward to reporting the results over the course of 2021.”
Orogen Royalties Inc. announces that further to Company’s news release of February, 10th 2021, the private placement has been cancelled. The Company also announces the resignation of Mr. Paul van Eeden as Director and Chairman of the Company.
“We are very pleased with the results from our inaugural drill program at San Javier. While previously thought to be controlled by low angle structures, our new drill results suggest that the high-grade gold is associated with higher-angled structures in close proximity to what we believe is a heavily mineralized breccia pipe system seen in the drill core.”
Dan O’Flaherty, CEO of Maverix, commented “Maverix had another year of tremendous growth in 2020, achieving a new Company record for attributable gold equivalent ounces, exceeding our 2020 guidance, and expanding our royalty portfolio with the acquisition of 10 gold royalties.”
Phase four drilling to date has completed 6 drill holes AMDD20-22 to AMDD21-27 for total 2,785 metres. Results have been received for holes AMDD20-22 to AMDD21-25. Drilling is ongoing with drill hole 28 in progress and further drill holes planned.
“VanGold’s management believes that our proposed acquisition of El Cubo will prove to be a remarkable catalyst of growth for the Company. Behre’s PEA provides us with a high-level view of VanGold’s plans to process material from both El Pinguico and El Cubo at a centrally located mill. This study is an important step in unlocking value for all stakeholders at our dual projects in Guanajuato.”
Mr. Belluz has over 35 years of experience in operations, exploration, geology and technical evaluations of both underground and open pit mines. Most recently, Mr. Belluz was Operations Manager & Acting General Manager for Nevsun Resource’s Bisha mine, which was acquired for $1.8 billion by Zijin Mining Group Co.
“More important than the improved results we show this quarter over the previous quarter, is the continuity of the operational excellence programs which were implemented over a year ago that have resulted in better control and optimization of costs in all areas of the operations, together with the reduction in management salaries” states Salvador Garcia, Chief Operating Officer of the Company.
Chesapeake Gold Corp. is pleased to announce that in response to market interest, the new management team will attend the following investor conferences in March 2021 and looks forward to connecting with both existing and future shareholders.
“The continued material expansion of the Buena Suerte Gold Zone and the positive drilling results at El Rincón and the newly identified Bellotoso zone not only brings us closer to our goal of developing a major bulk-tonnage, oxide gold resource to support both the conceptual 20,000 tonnes per day target capacity being addressed by our planned preliminary economic assessment, but also the potential for gold production growth in the years to come.”
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