J. Duane Poliquin, Chairman of Azucar, stated “The new alteration mineral data further enhances this new focus area for the El Cobre project. We are compiling all data to design a 2022 drill program to explore for a deep porphyry target in this area of the El Cobre Project.”
“The successful execution of our sustainability-linked note demonstrates bondholder confidence in our ability to maintain financial strength and deliver long-term value to all of our stakeholders,” said Newmont President and CEO Tom Palmer.
The net proceeds from the Offering will be used primarily to fund a 10,000-meter drilling campaign now underway at the Company’s Cerro Caliche Gold Project in Sonora, Mexico and will also be used for concession maintenance and general working capital.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “The sale of these two Concessions is part of the Company’s strategy to divest non-core concessions acquired in conjunction with the acquisition of the past producer La Trinidad mine. By selling these Concessions, the Company will be eliminating the ongoing concession fee obligations and current liability once approval of the sale is granted.”
Southern Silver Exploration Corp. has signed an option agreement with Bull Mountain Resources, LLC to acquire a 100% interest in the Hermanas gold/silver project in southwestern New Mexico, located approximately 40km east of Southern Silver’s Oro Porphyry Copper/skarn/CRD project.
Commander is pleased to announce that its project partner Southern Empire ResourcesCorp. has announced that it will be conducting high-resolution, airborne magnetic and radiometric geophysical surveys of the Pedro Gold Project, located in northeastern Durango State, México.In addition, Southern Empire has engaged Sevicios de Ingeneria Ambiental y Seguridad S.A. de C.V. of Durango to complete 2,000 metres of core drilling on the Pedro Gold Project.
James Anderson, Chairman and CEO said: “We are pleased with the results and pace of our initial drilling at El Cubo; our drill program at El Cubo is in-line with our development schedule, and within our expectations for grade and vein width in the Villalpando area.”
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
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.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
