Month: February 2021

Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates

Bradford Cooke, CEO of Endeavour, stated, “Our brownfields exploration programs were successful last year in replacing our reserves and resources. Reserves and resources increased significantly at Guanacevi due to our successful exploration of the El Curso property, which separates and adjoins our current Milache and historic Porvenir Cuatro orebodies. With additional drilling, these have the potential to become one large orebody, on the scale of our original Porvenir Norte discovery which we mined for 15 years.”

GoGold Drills 1,233 g/t AgEq over 0.8m within 511 g/t AgEq over 3.2m at La Trini in Los Ricos North

“With the release of 122 drill holes and 8 drill rigs continually operating in Los Ricos North, our understanding of this truly large mineralized system is becoming clearer. We believe La Trini, El Favor, El Orito, and potentially a new area – Casados – will form part of an upcoming Los Ricos North initial resource to be released later this year,” said Brad Langille, President and CEO.

Bacanora Lithium – Result of Placing and Retail Offer

“I am pleased to announce the results of this successful fundraising which will allow Bacanora to meet its capital commitments for the development of our flagship Sonora Lithium project in Mexico and commence our transition from exploration company to lithium producer by 2023.”

Radius Gold Defines New Drill Targets at Plata Verde Silver Project

New IP/Resistivity sections show significant structural zones extending to depth directly below the known large scale historic silver mines. The structural zones are clearly connected with the historic mines and are possibly feeders zones for the silver mineralizing system.

Comet Resources – Santa Teresa Gold Project Update

Matthew O’Kane, Managing Director of Comet Resources, stated “I am very pleased with the progress at the Santa Teresa Gold Project. Interminco and Minera Cascabel have done a good job of arranging access to the Project site with the local stakeholders and have then wasted no time in completing the initial field survey, detailed geological mapping and a review of the historical drill core. I am looking forward to receiving the results from the samples sent for assay, and also the completion of the permitting process for drilling.”

SilverCrest Announces Positive Feasibility Study Results and Technical Report Filing for the Las Chispas Project

N. Eric Fier, CPG, P.Eng and CEO commented: “We are thrilled to have completed a robust Feasibility Study within five years of drilling the first hole at Las Chispas. The Feasibility Study confirms what we have believed for a while, that Las Chispas is economic as a stand-alone operation. It is important to note that the Feasibility Study is just a snapshot in time. We are already working hard to increase our high-grade reserves while simultaneously constructing the mine and process plant.”

Freeport-McMoRan Announces Appointment of Richard C. Adkerson as Chairman of the Board

Richard C. Adkerson, Chairman of the Board and Chief Executive Officer, said, “On behalf of the Board of Directors and our management team, we express our appreciation to Jerry for his leadership, counsel and service over many years. His business acumen and counsel have been invaluable. Our entire Freeport organization is appreciative of Jerry’s contributions to our success.”

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