“Our operations continued to advance their primary objectives during the quarter. Rainy River had another solid operational quarter and is positioned to have a stronger second half of production. As we start the third quarter, the mine has now successfully transitioned from focusing on stripping, and we are now seeing a marked improvement in grades through the first half of July.”
Santacruz Silver Mining Ltd. announces that it has closed two shares for debt transactions pursuant to the terms of debt settlement agreements entered into with Empresa Minera Manquiri, S.A. and Minas Güilloyna, S.A. de C.V., respectively, as previously announced on June 7, 2021.
“I am happy to highlight Altaley’s Q2 2021 Campo Morado production results where our operations team have achieved significant increases to net revenue and metal recoveries,” states Ralph Shearing, CEO & President.
“The results of this initial drill program are encouraging as we had some significant grades hit at each location,” said David Wolfin, President and CEO. “We will integrate this information into our geological model to improve our understanding as we continue to look for economic deposits similar to our San Gonzalo mine while at the same time looking to add M&I resources at our Avino mine.”
Over the next few months, Terreno staff will focus on updating the geological and geochemical databases, interpreting results, and planning for a drill program later this year, subject to financing. Terreno management is very pleased with this years’ exploration results and look forward to further advancing the Las Cucharas Project.
The purpose of the metallurgical work is to further investigate the best recovery process for La Negra mineralization. Results from the Program will be used by the Company to advance La Negra along the path towards an initial mineral resource estimate and a preliminary economic assessment.
Vizsla President and CEO, Michael Konnert, commented: “The fact that we have confirmed successful electromagnetic targeting of the high-grade veins in the district, is ground-breaking for Vizsla and the Panuco district. This successful EM survey is a testament to the high-grade nature of the district which features massive to semi-massive sulphide mineralization which is typically uncommon in Mexican vein fields.”
Greg McKenzie, President and CEO commented: “The discovery of high-grade skarn mineralization over sizable widths, commencing only 150 metres from surface, is an important advancement in the project. These newly discovered high grade mineralized zones reside only 185 m above the Fernandez Zone and could potentially be accessed through conceptual shared development.”
Riverside’s President & CEO, John-Mark Staude : “We are pleased to work closely with BHP’s geoscientists and their exploration group as the porphyry copper targets we have identified continue to progress towards drilling.”
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