“In Q2, Endeavour delivered positive results in operations and exploration and is pushing to advance the Terronera project to a development decision with the completion of the Terronera Feasibility Study in Q3, 2021.”
Exploration drilling of the Amelia deposit is extending and validating the lateral continuity of high-grade gold and silver intercepts, with highlights including 2.7 g/t gold and 11 g/t silver over 33.9 metres at 395 metres depth, which includes 5.7 g/t gold and 15 g/t silver over 8.3 metres at 402 metres depth.
Peter J. Hawley, CEO and President, remarks, “SMUG21-03 has revealed what we have been targeting. Excluding the mined Santa Maria vein, we have hit four zones of silver mineralization in the Santa Maria Structure.”
Stephen Orr, Chief Executive Officer, stated “CLG’s impressive Q2 mine and plant performance produced record results. Mine development during Q2 accessed the expected higher-grade ore forecast to be mined during 2021 and the plant production averaged a record 2,535 tonnes per day, above the design capacity of 2,500 tonnes per day. Record recoveries for silver, lead and zinc achieved in the quarter were also well above design.”
COO Hernan Dorado remarked: “The main El Pinguico vein structure pinches and swells, occasionally showing widths of more than 8 meters – noteworthy and very attractive in the Guanajuato region. This vein is parallel / sub parallel to the San Jose vein, with the two veins appearing to widen and coalesce at depth.”
GR Silver Mining President and CEO, Marcio Fonseca commented “This final batch of drilling results from drill holes PLI21-10 and 14, represent a step out of approximately 150 m to the north from the closest underground information in the Plomosas Mine Area. As a result, they confirm the presence of attractive gold and silver epithermal mineralization in unmined zones of the historic Plomosas Mine Area.”
James McDonald, President and CEO, comments “We are working to update the mineral resource estimations and evaluate the potential economics of the two most advanced projects, La Cigarra and La Negra (Promontorio). Mr. Smit is well known for his experience and expertise in advancing projects from resource estimation through to feasibility and construction and we look forward to drawing on his expertise as we move these projects forward.”
“Parral continues to be an engine of free cash flow, generating in excess of US$5.5 million this quarter. We finished the quarter with a strong cash balance of over $73 million US,” said Brad Langille, President and CEO.
Capitan’s CEO, Alberto Orozco, stated: “We are very pleased with the continuity that the Capitan gold zone has shown with each batch of drill holes that we have released. This additional drilling has not only expanded the presence of gold mineralization in the Capitan zone, but it has also helped our geological team have a better understanding of the geology and structural controls for the mineralization at the Capitan gold zone.”
“I am very pleased that this agreement could be signed,” stated Americas Gold and Silver President & CEO Darren Blasutti. “Through extensive deliberations with senior Mexican ministers, certain union representatives, the will of our workers and the community and the President of Mexico, the agreement is a significant step to ensure the long-term stability of the operations by its signatories.”
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
