Month: March 2021

SilverCrest Metals Inc. is pleased to report the Company’s audited financial results for the year ended December 31, 2020, and an update on construction and exploration activities.

Pete Dougherty, President & CEO commented: “The replacement of depleted Mineral Reserves is a key part of our business strategy. Our strategy is to harvest cash from these operations, replace depleted Mineral Reserves to extend mine lives and focus on executing on our growth projects to transition Argonaut from a high-cost junior producer with relatively short mine lives to a lower cost intermediate producer with much longer mine lives.”

Stephen Orr, the Company’s Chief Executive Officer, stated: “This past year was transformative for Gatos Silver. The Company completed the largest precious metals IPO in 2020 on the NYSE and TSX. Despite the pandemic related 45-day temporary suspension of mining activities imposed by Mexico, design throughput was achieved at the CLG mine in late 2020 and the LGJV achieved profitability during the last two quarters of the year.”

Jorge A. Ganoza, President and CEO, commented: “Reserves and resources at our mines were impacted by a combination of production-related depletion and the suspension of our 2020 exploration programs in response to COVID-19 constraints, which reduced the Company´s ability to replace mined material.”

Fortuna Silver Mines Inc. announces an update of the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine located in Oaxaca, Mexico.

Effective at the opening on Monday, March 29, 2021, the shares of the Company will commence trading on the TSX Venture Exchange under the name “Madoro Metals Corp.”, and stock symbol “MDM”.

Le llaman “oro blanco” porque es considerado el mineral del futuro por su utilidad para la energía renovable, y en México, donde existe uno de los yacimientos más grandes de litio en el mundo, el Gobierno analiza tener una mayor participación en su exploración.