Galore Resources Inc. proposes to extend by a further three years, the expiry date of a total of 5,596,319 share purchase warrants, issued in connection with a non-brokered private placement completed in three tranches in September through November, 2019. These Warrants are exercisable into 5,596,319 common shares at an exercise price of $0.10 per share.
“I expect the second half of 2021 will showcase the strength of the Company’s silver portfolio following a challenging start to the year,” stated Americas Gold and Silver President & CEO Darren Blasutti. “
Luis Marchese, CEO of Sierra Metals commented: “I am very encouraged by the results of this updated PEA now including iron ore production. As mentioned in the previous PEA published in October 2020, the value could be further increased by the potential sale of magnetite (iron ore) as a by-product.”
“The second quarter of the year has been very productive from a research, planning and strategy standpoint. During the quarter, Odyssey made progress on all fronts of its mineral exploration portfolio,” said Mark Gordon, Odyssey CEO and Chairman of the Board.
“We are grateful that the local communities of San José de Gracia and San Pedro Totolápam, and our employees are working together implementing COVID-19 safety protocols. Prevention is the best defense while vaccination for COVID-19 progresses in Mexico,” said Alberto Reyes, Chief Operating Officer of Gold Resource Corporation.
Azucar Minerals Ltd. is pleased to announce that it has completed two drill holes at the El Cobre porphyry copper-gold project in Veracruz State, Mexico and is currently reviewing past acquired data in order to plan additional drilling for future programs. Results from the recently completed drilling will be announced when they are received and processed.
Canasil President and CEO, Bahman Yamini, commented: “The very high-grade gold and silver values returned from NRC-21-09 within a wide mineralized structure, and the increasing widths and grades with depth below the 2020 drill intercept are extremely encouraging. These initial results confirm continuity of mineralization to depth from the 2020 discovery drill holes on the Candy vein at the Nora project.”
Zacatecas Silver, in anticipation of the now granted drill permits, has already signed a contract for 10,000 metres of diamond drilling with Major Drilling, who have indicated that they are able to mobilize to site by the end of August. Drilling will commence at Panuco and thereafter San Gill.
“Parral had another great quarter, generating a record $7.5 million in free cash flow, or a record $27.1 million for the last 12 months. These funds are being reinvested into Los Ricos, which we believe is generating great value for our shareholders,” Brad Langille, President and CEO stated.
“We were extremely pleased to announce last week, that mining operations had resumed at the Avino Mine. I wish to extend our sincere appreciation to the management team in Mexico for their tireless efforts as they prepared the way over many months for this positive outcome. Further, I am excited about the released initial drill results from our ongoing 2021 drill program.”
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