The funds will be used towards the continued construction of the Company’s Las Chispas Project located in Sonora, Mexico. At the end of H1, 2021, Las Chispas construction progress was at 33% compared to a scheduled completion of 28% and the Company anticipates reaching approximately 80% completion of construction by the end of 2021.
Recientemente en una reunión celebrada en Palacio Municipal, la empresa “BYLSA DRILLING”, efectuó la entrega de pruebas para diagnóstico de Covid que se manejarán en Hospital Comunitario de Álamos, mismas que fueron entregadas por parte de Lic, José Luis Valdez Solano y Lic, Lupita Valdez Valenzuela, representantes de la organización quienes efectuaron el donativo que tienen como objetivo beneficiar a la ciudadanía.
Jorge A. Ganoza, President and CEO, commented, “The announced changes in Management are aligned with the organizational demands of our growing business in Latin America and the integration of Roxgold in West Africa.”
“After finalizing the long-awaited tunnel extension and ensuring safe access and working conditions for the drill teams, we are pleased to commence this first phase of underground drilling. The objective is to expand the San Marcial mineralized breccia body by stepping out at depth and along strike of the known areas.”
Empress Royalty Corp. is pleased to announce that it has entered into an agreement with Accendo Banco, S.A., Institución de Banca Múltiple for the provision of a secured medium-term bridge loan facility the in the amount of US$5.2 million.
Fabled Silver Gold Corp. is pleased to announce results of underground diamond drilling from the 1,200 meter underground drill program on the “Santa Maria” Property in Parral, Mexico.
“A key strategic priority for Torex over the last 12 months has been to optimize and extend mining operations at ELG. With the recent approval of the El Limón pushback and ongoing contribution from the ELG Underground, Torex is well on the path to delivering a smooth transition between ELG and the ramp up of Media Luna.”
Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato, Mexico. Meanwhile, re-commissioning of the Company’s primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant.
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