March 2021 – Page 15 – Mexico Mining Center

Tarachi Commences Second Phase of Drilling at the Historic La Dura Mine in Sonora, Mexico and Appoints a New Transfer Agent

March 5, 2021

Tarachi CEO, Cameron Tymstra stated: “We are looking forward to returning to Jabali with the drill crews to continue exploring around the La Dura mine and to test the 400m-long corridor between La Dura and the Zaragoza workings for the potential to host a mineral resource. With many of the World’s economic gold deposits occurring around the intersection of structures, we are keen to bring a surface drill rig in to explore around the interpreted intersection of the two mineralized structures on the property.”

Drilling Commences at Donovan 2 Copper Gold Project

March 5, 2021

Bill Brodie Good, CEO & Technical Director of Alien Metals, commented: “It is very exciting that Capstone is already drilling the first hole at Donovan 2 in such a short timeframe. Both parties are very encouraged by the results of the recent IP survey and the reprocessing and interpretation of all the historic data collected by Alien. We now have three geophysical targets including the Los Alomos project. With the copper price at its highest for over nine years and continued demand, this positive news is very well timed and we are excited to see the results.”

First Majestic Awarded as Socially Responsible Business in Mexico

March 5, 2021

“I am proud of First Majestic’s commitment to positive and long-lasting impact across the communities where we work,” said Keith Neumeyer, President and CEO of First Majestic. “Social management is a core tenet of the Company and it is continually ingrained in our operations. Being recognized by CEMEFI and ALIARSE emphasizes our daily focus on creating opportunities for social, economic and environmental development. This Award is proudly shared with the communities where we work.”

Santacruz Announces $12 Million Private Placement With A Lead Order from Palisades Goldcorp

March 4, 2021

The proceeds from the Private Placement are expected to be used by the Company to complement the Zimapan Assets acquisition, to accelerate exploration activities at the Horizontes (Lomo del Toro) area and for general working capital and corporate purposes.

Candelaria Provides Corporate Update and Grant of Options

March 4, 2021

Mike Struthers, CEO, commented: “Both Neil and myself are very pleased to have joined Candelaria at this time, to help the Candelaria team take the Company to the next level. A goal for the next 12 months is to successfully execute the Pinos project and bring that mine back into production, in parallel with executing what we believe could be a very successful exploration program at the company’s flagship asset, the Caballo Blanco mineralised district.”

GR Silver Mining Drills High-Grade Near Surface Mineralization in the San Juan Area at Plomosas

March 4, 2021

“The epithermal system in the San Juan Area of the Plomosas Project is showing evidence of being predominantly mineralized with silver. The Company continues to encounter a series of mineralized intersections close to surface, representing a target area with the potential for a future shallow underground mine development. As a result, we have been encouraged to continue surface drilling in 2021 on extensions to the existing veins that make up a 2 km long mineralized system at the San Juan Area.”

Great Panther Reports Fiscal Year 2020 Financial Results

March 4, 2021

“For 2020, Great Panther delivered record mine operating earnings of $84 million ($0.24 per share), significantly strengthening the balance sheet, and successfully added reserves and resources through our result-driven exploration programs,” stated Rob Henderson, President and CEO.

Heliostar Commences Mexican Exploration, Including Drilling at La Lola Project, Sonora, Mexico

March 4, 2021

Heliostar CEO, Charles Funk, commented, “We are excited to get our geologists in the field on our three projects in Mexico. This district is a new hotspot for gold and silver discoveries with two operating precious metals mines, a third in construction and multiple discoveries within the last few years.”

Avino Reports Q4 and YE 2020 Financial Results

March 3, 2021

“Operations were temporarily suspended in April due to the pandemic; a phased ramp up started in June; and in early July, we were sidelined with a strike at the mine. Fortunately, the strike came to a successful conclusion in October. As we begin a new year, we are thrilled to have already reported an increase in measured and indicated mineral resources at the Avino property, and have kicked off the 2021 drill program, as well, we remain focused on ramping up operations at the Avino mine as we embark upon a busy and positive year ahead.”

Equinox Gold Reports Operating Cash Flow of $217 Million in 2020

March 3, 2021

“Equinox Gold’s 2020 results reflect delivery on the Company’s growth and diversification strategy. Our seven operating mines generated 477,200 ounces of gold and operating cash flow of $217 million in the year, compared to our 2019 production of 201,000 ounces of gold and $60 million in operating cash flow,” said Christian Milau, Chief Executive Officer.

Month: March 2021

Tarachi Commences Second Phase of Drilling at the Historic La Dura Mine in Sonora, Mexico and Appoints a New Transfer Agent

Drilling Commences at Donovan 2 Copper Gold Project

First Majestic Awarded as Socially Responsible Business in Mexico

Santacruz Announces $12 Million Private Placement With A Lead Order from Palisades Goldcorp

Candelaria Provides Corporate Update and Grant of Options

GR Silver Mining Drills High-Grade Near Surface Mineralization in the San Juan Area at Plomosas

Great Panther Reports Fiscal Year 2020 Financial Results

Heliostar Commences Mexican Exploration, Including Drilling at La Lola Project, Sonora, Mexico

Avino Reports Q4 and YE 2020 Financial Results

Equinox Gold Reports Operating Cash Flow of $217 Million in 2020

INDUSTRY INFLUENCER

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INDUSTRY INFLUENCER

GOLD

COPPER

ZINC

LEAD

SILVER

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