Nomad Royalty Company Ltd. is pleased to announce that all of the nominees listed in its management information circular dated April 7, 2021 were re-elected as directors at the Company’s annual and special meeting of shareholders held yesterday in a virtual format.
“The Terronera feasibility study is on track for completion in the 3rd quarter and exploration is ongoing at each of our mines and projects to test highly prospective targets. We have a busy year ahead, as our attention turns to developing our next core asset at Terronera.”
Vincent Metcalfe, CEO and Chair of the Board of Directors of Nomad stated “Our portfolio delivered a strong first quarter of gold and silver production and represents a great start to the year.”
“We are very pleased with this significant initial mineral resource estimate,” commented Jonathan George, CEO, “which is a material milestone for any junior exploration company and provides a solid foundation as we move forward to expand the resource both along strike and at depth.”
“We have long admired the quality of Victoria’s Eagle asset and its recent success in ramping up operations.”
Jorge A. Ganoza, President and CEO, commented, “Our record financial performance in the first quarter reflects the combination of strong operating performance at San Jose and Caylloma, Lindero’s first full quarter of contribution to sales, and favourable metal prices.”
To complement the Company’s board restructuring and accelerated pace of development, the Company is pleased to inform its shareholders that it intends to change its corporate name to Altaley Mining Corporation.
The proposed program consists of 2,000m of diamond drilling using experienced contractors from the neighbouring state of Sonora.
Stephen McGibbon has joined as the Executive Vice President of Exploration, and Ruben Wallin has joined as the Vice President of Environment, Health, Safety and Sustainability.
GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 10,000,000 common shares, at a price of C$2.50 per Common Share for gross proceeds of C$25 million.
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