“The temporary suspension of mining at Tucano’s Urucum Central South pit resulted in lower gold production and higher costs in the second quarter of 2021. We are pleased to have safely recommenced mining at depth in UCS early in July, ahead of our original plan,” stated Rob Henderson, Great Panther’s President & CEO.
Christian Milau, CEO of Equinox Gold, commented: “Equinox Gold had a solid second quarter with strong performance from the Brazil mines, significant development progress at both Santa Luz and Greenstone, and completion of the stripping campaign at Mesquite to open up the higher-grade Brownie deposit. With Mesquite now stacking ore from Brownie and operations at Los Filos restored, production should be significantly higher in the second half of the year at lower costs.”
Philip O’Neill, CEO and Director of Mexican Gold stated: “We are delighted with the economic results for our Las Minas project which is based off our drilling to date at Las Minas. This PEA study demonstrates robust economics with modest initial capital and positive economic returns for the development of an initial mining operation at Las Minas.”
In Q2, El Gallo produced 1,300 GEOs from residual leaching of the heap leach pad. Incremental residual leaching cost for the period was $2.7 million. The residual leaching activities at El Gallo are expected to wind down in early 2022.
Rob Birmingham, CEO of Brigadier comments, “The most compelling aspect of this round of results is that they are coming from previously unexplored areas of Picachos. As we are located approximately 15 miles from bonanza grade silver discoveries to the north, these findings are truly exciting. With newly built access roads completed, Brigadier is well positioned to concentrate our efforts on this area and further our understanding of its extent and potential.”
Orex’s President & CEO, Ben Whiting, said; “These excellent results from our preliminary metallurgical testing are a very positive step toward the advancement of the Coneto Project. They show that precious metals can be successfully recovered using conventional methods.”
“Encountering massive magnetite early in our drill program is the strongest evidence yet supporting the IOCG thesis for San Javier. This outcome, in combination with silver mineralogical analysis and previous work on IUGS chemical classification for regional igneous rocks made by Dr. Michael Tedeschi in 2010, greatly increases our confidence in the IOCG model for San Javier. Our exploration objectives are to confirm that San Javier has the potential to host a significant silver and gold metal endowment and to be classified in a similar way to currently acknowledged magnetite-group IOCG deposits such as Ernest Henry (Australia), Candelaria (Chile), Sossego (Brazil), Guelb (Mauritania) and Boss (USA).” Stated Christopher Berlet, President and CEO of Canuc.
Chris Wright, Chairman & CEO, commented: “We are encouraged by the discovery of a previously unrecognized silver-bearing vein system in a hanging wall structure that has never previously been tested.”
Ms. Flores is the CEO of the Mining Chamber of Mexico, which represents the interests of the country’s mining-metallurgical industry. In June 2020, Forbes Mexico recognized Karen as one of the 100 Most Powerful Women in Mexico for her ground-breaking leadership in the mining industry. She is also an advisor for the Chamber of Commerce of Canada in Mexico (CANCHAM), where she chairs the Integration Caucus and the Women Building Business committee. She is part of the founding group of WIM Women Mexico, a subsidiary of Women in Mining International.
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