Nomad’s Chief Executive Officer, Vincent Metcalfe, commented: “Listing on the NYSE represents a significant milestone in the growth of the Company. The listing will materially increase Nomad’s exposure to a larger and more diverse group of institutional and retail investors as we continue to grow our portfolio of precious metals royalties and streams.”
James McDonald, Kootenay’s President and CEO stated, “We believe the spin-out of the Canadian Assets will be very beneficial to shareholders. Among other benefits, it will unlock the value of the Canadian Assets by allowing it to be developed separately, by a skilled and experienced management team, and it will allow our shareholders to own shares in two companies.”
Aloro Mining Corp. is pleased to announce that Alamos Gold Inc. has informed Aloro that after a short break and evaluation it has resumed its reconnaissance drill exploration program on the Los Venados claims, Mulatos District, Sonora Mexico.
Vizsla President and CEO, Michael Konnert, commented: “Although we’re eager to resume drilling, the health and safety of our employees and our communities is paramount. While drilling activities have been suspended, our technical team has used this unplanned downtime to refine our geologic model, identify critical path milestones and improve targeting strategies for the remainder of the year.”
Sonoro’s President and CEO, Kenneth MacLeod, stated, “We are pleased that the average recovery rate obtained from these definitive tests exceeds the projected 72% recovery rate used in the Company’s July 26, 2019, NI 43-101 Technical Report which provided the project’s maiden mineral resource estimate. We’re also pleased that the tests demonstrate similar positive metallurgical recoveries across the entire resource area.”
Pan American Silver Corp., the project operator, plans a minimum 3500m diamond core drilling with a second rig to be deployed to test the El Cuervo target in the coming weeks. The current drill program will be fully funded by Pan American pursuant to its option to earn an interest in the Amalia Project.
Xali Gold Corp. is pleased to advise that exploration permit applications have been submitted for the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. Based on the new 3D model, which identified high-grade mineralization occurring in multiple parallel veins at a spacing close enough to potentially access several veins through common development workings, a drill program with a minimum of 2000 meters is planned for Q4 2021/Q1 2022.
Riverside’s President and CEO, John-Mark Staude: “In addition to our active exploration group in Mexico, Riverside is moving forward in Canada not only with the recent deal with iMetal Resources but also with new High Lake Greenstone portfolio of projects that present strong potential for new gold discoveries.”
Capstone Mining Corp. announces that Mr. Richard N. Zimmer has retired from the Board of Directors of the Company effective August 17, 2021.
Gold Resource Corporation considers the health and safety of its workers and host communities a fundamental priority of the Company’s operations. Like many other countries, the highly contagious COVID-19 delta variant has had a devastating impact on Mexico. In the last three days, the number of individuals in isolation at the Don David Gold Mine has climbed to 102, stretching our camp and extra accommodations in the local communities to the limit.
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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.
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