Day: March 10, 2021

Fortuna reports consolidated financial results for full year 2020

Jorge A. Ganoza, President and CEO, commented, “Fourth quarter marks a continuation of very strong financial results in the second half of 2020 driven by favourable metal prices, sustained production, and cost containment in spite of a challenging operating environment.”

Silver Viper Drills 1.0 Metres Core Length Grading 491 g/t Silver and 10.3 g/t Gold and 1.0 Metres Grading 351 g/t Silver and 11.1 g/t Gold Within 28 Metres Long Mineralized Interval in Hole LV21-290 at La Virginia

Silver Viper’s President and CEO Steve Cope states, “The results from LV21-290 further indicate the significance of the La Virginia Project, in particular, the El Rubi discovery zone. The 28.0 metres core length interval reported here was encountered 50 metres along trend in a southerly direction from, and at a comparable elevation to, the 19.3 metres interval previously reported from hole LV21-289. We look forward to continuing to release results from El Rubi and are excited about the upcoming catalyst of a maiden resource on the project.”

Newmont Announces Acquisition of GT Gold

“We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada” said Newmont President and CEO Tom Palmer.

Prime Mining Doubles Los Reyes Land Position To 13,800 Hectares

“Recent prospecting, surface sampling, and drilling results suggest the Eastern regions of Los Reyes are likely very prospective. Current work has identified low sulfidation epithermal-style mineralization at 540 to 1080 metres (“m”) above sea level at the Guadalupe East deposit and at historic adits some two kilometres to the east, respectively. We are now more confident that the local mineralized system is at least 500 m in vertical height,” Daniel Kunz, Chief Executive Officer of Prime Mining Corp commented.

Exploration Update, Copalquin Gold Silver Mexico

Mithril Managing Director and CEO, John Skeet, commented: “We are very pleased to be observing native gold and other important minerals in core sections drilled at El Refugio and eagerly await the assays from the external assay laboratory. Our first soil sampling program for 2021 has been completed with results also due for release shortly.”

All News