“The third quarter was challenging operationally, with lower than planned production, which led to greater than anticipated unit costs,” stated Rob Henderson, President & CEO of Great Panther.
Christian Milau, CEO of Equinox Gold, commented: “Production continues to increase as we see the benefits of investment at the mine sites during the first half of the year. While increased production from Los Filos and the Brazil mines anchored a strong third quarter for Equinox Gold, approximately one-third of 2021 production will come in the fourth quarter, with more than 65,000 ounces of gold already produced during the month of October.
Mr. Jay Roberge, President of Pantera Silver comments, “We are happy to work closely with the local authorities, and community on the imminent commencement of drilling at the Nuevo Taxco Silver Project. Our field geologists and consultants have been extremely efficient in completing all necessary studies and securing landowner, community and municipality agreements.”
McEwen Mining Inc. today reported its third quarter results for the period ended September 30th, 2021.
“Despite a number of seasonal setbacks out of the Company’s control, we have successfully advanced our reconnaissance drill program, completing 5,500 m to date of the proposed 14,000 m program. We have delineated new epithermal systems in an extensive area outside of the previously announced mineral resources.”
Quaterra Resources Inc. is pleased to announce the appointment of Mr. David Harvey, CPG as Vice President of Exploration for the Company.
“These results demonstrate excellent potential for the definition and development of high-grade resources at Columba. The D Vein now represents another area with multiple high-grade intercepts which increases the probability that Columba hosts a viable high grade silver resource.”
Vizsla President and CEO Michael Konnert commented: “Bold step-outs continue to deliver at Napoleon with a 200-metre increase to the south and a 500-metre panel of mineralization developing to the north at the Papayo Zone. At Tajitos, step-out drilling to the northeast continues to return consistent wide vein intersections suggesting the area could contain a much larger resource than previously considered.”
Rod Antal, President and CEO said, “The third quarter of 2021 again demonstrated the strong operational and financial results synonymous with SSR Mining, as the Company delivered production of 186,941 gold equivalent ounces at AISC of $1,006 per gold equivalent ounce.”
“Our solid operational performance in Q3 resulted in a strong financial result, with adjusted EBITDA of $119.3 million and free cash flow of $29.4 million.”
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