“With funds in place, the team is actively securing our drilling permits for Mexico and we are excited to get underway. As part of this process, the company has employed Jose Luis Posadas, a highly experienced Zacatecas-based exploration geologist, on a fulltime basis.”
Immediately following the completion of the Arrangement, Premier will be a wholly-owned subsidiary of Equinox Gold, while the former Premier Shareholders will own 0.1967 of an Equinox Gold Share and 0.4 of a SpinCo Share for each Premier Share previously held by them.
“Newmont recognizes the special connection between Indigenous Peoples and the land, and that mining can affect this connection in some challenging ways,” said Tom Palmer, President and Chief Executive Officer. “The entire industry has a great opportunity to learn and improve our practices. Through the Center, meaningful partnerships will be formed to create a space for dialogue and sharing with the aim of improving outcomes for Indigenous communities around our operations and act as a catalyst for improvement within the mining industry.”
IMPACT Silver Corp. is pleased to announce that it has purchased two core drills to accelerate exploration drilling on the property and has started a 10,000 metre drill program.
Bacanora Lithium plc (AIM: BCN), a lithium development company, is pleased to announce that its cornerstone investor and offtake partner, Ganfeng Lithium Co., Ltd has today signed a new joint venture agreement in connection with its investment in SLL following the exercise of its option to increase its stake in SLL from 22.5% to 50%.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are pleased to enter into the Agreement with Mako for the acquisition of Properties. This acquisition will strengthen our position in this region and is consistent with our strategy of controlling 100% of what we believe are the most important silver and gold assets in the Rosario Mining District, Sinaloa, Mexico.”
The company is pleased to enter 2021 embracing all challenges and promising great results to its shareholders as we announce progress made regarding the engagement of Executive Industries to remove the Stop Sign on OTC Markets.
Jonathan George, CEO and Director of Ridgestone, commented, “We are very excited for this addition to Ridgestone Mining project portfolio as we increase our footprint in Mexico. The Guadalupe y Calvo project represents a significant asset that we look to advance through exploration which will include a review and 3D interpretation of the current drill hole database in the coming months.”
Mexico’s government plans to seek more than $500 million from Canadian miner First Majestic Silver Corp in what it says are owed taxes for artificially keeping its silver prices low over the past decade, two sources told Reuters.
“DTC eligibility is an important step in the maturity of Silver Dollar and our ongoing efforts to present the Company to a broader audience of potential investors,” said Mike Romanik president of Silver Dollar.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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