Gold Resource Corporation declares its monthly dividend of one-third of a cent per common share for March 2021 payable on April 23, 2021 to shareholders of record as of April 12, 2021.
Spacing between the Buena Suerte and Japoneses zones has been reduced to approximately 100 meters in the northern extensions indicating the zones may merge with further infill drilling.
Brigadier has rehabilitated, mapped and sampled 29 newly discovered historic mine workings in the central part of the Property near the intersection of the ENE trending Cocolmeca Vein system (CVS) and northwesterly trending El Placer system. The underground workings are concentrated in two areas named El Cobre and El Placer.
“These intercepts add weight to the proposed theory that not only do the north – south structures slightly off set the east to west structures but they are more importantly mineralized.”
John Gomez, President & CEO of Inomin Mines, says, “La Gitana and Pena Blanca provide us with two highly prospective gold-silver properties in a prolific mineral belt. We look forward to completing drilling to delineate resources at La Gitana and expand the mineral footprint. Pena Blanca is a large, gold-silver mineral system with several exploration targets. We expect these transformational acquisitions and our future exploration work will create significant value for all stakeholders.”
In regard to comments made by the Mexican President on March 17, 2020, while the reference to the Company’s Cosalá Operations concessions is concerning, the Company is confident that there is no basis in the facts or in the law that would diminish the Company’s property rights. The Company looks forward to continuing to work with the Canadian government, the Mexican Minister of Economy and the Minister of Foreign Affairs in providing the facts, providing solutions and resolving the issues to avoid an arbitration issue between Canada and Mexico. The Company looks with optimism to getting our employees back on the job as soon as possible.
“2020 was a significant year for Orla Mining as we advanced our key strategic priorities, most notably the Camino Rojo Oxide Project. Detailed engineering and procurement are well-advanced, positioning us for successful execution. Construction ramped up in the fourth quarter and we are focused on the critical path activities as we target first pour by the end of year,” said Jason Simpson, President and Chief Executive Officer of Orla Mining.
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