New Gold Announces Results of Vote for Election of Board of Directors
May 5, 2021
New Gold announces the appointment of Geoff Chater and Thomas McCulley to its board of Directors, effective May 4, 2021.
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New Gold announces the appointment of Geoff Chater and Thomas McCulley to its board of Directors, effective May 4, 2021.
Christian Milau, CEO of Equinox Gold, commented: “It’s certainly been a busy start to the year with closing of the Premier Gold acquisition, subsequent integration of the Mercedes Mine and Greenstone Project into our portfolio, and increasing our interest in Greenstone to 60%. We also commenced early works construction at Greenstone, Santa Luz construction is 30% complete and on track for first gold early next year, the Los Filos expansion is underway and we are making good progress opening up the higher-grade Brownie deposit at Mesquite.”
The Company intends to use the net proceeds from the Offering to advance the Company’s Alaskan and Mexican projects, as well as for working capital and general corporate purposes.
Pete Dougherty, President and CEO stated: “It was our second consecutive quarter of record quarterly production and revenue. We demonstrated strong cash flow during the first quarter, which underpins our strategy to harvest cash from the existing operations, replace depleted ounces and invest in our growth asset portfolio to transform Argonaut from a high-cost, junior producer with short mine lives to a lower cost intermediate producer with long mine lives.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “I’ve had the privilege of working with Gennen over the past couple of decades and consider him a mentor not only in geophysics, but also in the exploration business.”
Brigadier continues to expand known mineralization at Picachos with high-grade diamond drill and sampling results from phase one exploration.
Great Panther Mining Limited, a diversified gold and silver producer focused on the Americas, announces the nomination of two new directors for election to its Board of Directors at its upcoming Annual General Meeting of shareholders on June 9, 2021: Trudy M. Curran, BA, LLB, ICD.D, and Dana Williams, B. Eng., MBA, CPA.
“Indicated resources for gold and silver have increased by a respective 7.7% and 6.6%, and inferred resources for gold and silver have increased significantly by respective 41% and 58%,” commented Orogen CEO Paddy Nicol.
“Ultimately, we anticipate that Porvenir Cuatro, El Curso and Milache will all connect to form one continuous orebody over a 1,500 m length by 400 m vertical extent. This would make it comparable to the original Porvenir Norte orebody which supported production at Guanacevi for over 14 years. The future is looking bright for Guanacevi.”
Mithril CEO and Managing Director, John Skeet, commented: “These are excellent intercepts to have received for holes drilled in this part of the Refugio target. They show continuing high-grade gold and silver, multiple vein intercepts and increasing widths. Drill holes up to 180m west have also been completed and we are currently drilling deep, vertical holes intercepting the structures further down dip.”
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