Month: March 2021

Inomin Closes La Gitana and Pena Blanca Gold-Silver Property Acquisitions

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.”

Americas Gold and Silver Corporation Reports Full-Year 2020 Financial Results and Provides Operational Update

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.

Orla Mining Reports Fourth Quarter 2020 Results and Provides Camino Rojo Construction Update

“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.

Prismo Metals Files NI 43-101 Technical Report For Los Pavitos Gold-Silver Project In Sonora, Mexico

Prismo Metals Inc. is pleased to announce that it has filed on SEDAR a NI 43-101 Technical Report for its Los Pavitos Gold-Silver Project in southern Sonora, Mexico. Los Pavitos is a single 5,289 hectare concession that lies 25 km west of the well-mineralized Alamos District, which encompasses several active exploration and mining projects, including the Alamo Dorado mine of Pan American Silver, the Piedras Verdes mine of Cobre de Mayo and the Alamos and Aurifero vein deposits being explored by Minaurum Gold Inc.

New Gold Announces 14.9% Investment in Harte Gold

New Gold Inc. announced today that it has agreed to purchase 154,940,153 common shares of Harte Gold Corp. pursuant to a private placement at a price of $0.16 per share for total consideration of approximately $24.8 million providing New Gold with a 14.9% strategic interest in Harte Gold’s pro forma issued and outstanding common shares.

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