During 2021, the Platosa Mine and Miguel Auza mill delivered four quarters of stable production at record rates (six consecutive quarters looking back to Q3 2020). Annual and Q4 production results for 2021 are expected to be released in the coming weeks.
“We are accelerating our aggressive drill program at both Los Ricos North and South and anticipate our normal flow of drilling results from the district over the coming weeks. We see 2022 as a year of aggressive growth in resource ounces at the Los Ricos projects with this growth being financed partially by Parral’s cash flow and by our very strong balance sheet,” said Brad Langille, President and CEO.
Simon Dyakowski, CEO of Aztec, added, “Having successfully recommenced exploration at Cervantes in 2021, our goals in 2022 are to continue with our recently commenced RC drilling program to work toward advancing the project to an initial open pit resource estimate and elevate the profile of the project in a region that has both porphyry copper and heap leach gold production in Mexico.”
Garibaldi Resources is pleased to announce the appointment of Michael Robert (Rob) Myhill to Garibaldi’s Board of Directors. Mr. Myhill is currently a Director and V.P. Finance of Eskay Mining Corp.
Alamos Gold Inc. is pleased to announce the appointments of Luc Guimond as Vice President, Operations and Khalid Elhaj as Vice President, Business Strategy. Léon Grondin-Leblanc has been promoted to General Manager, Young-Davidson.
Riverside’s President and CEO, John-Mark Staude: “Our surface sampling results continue to return tremendous gold, silver and zinc grades at La Union. We recently expanded the property package here to more than 26 km2 and our ongoing field work is expected to include a geophysical survey and additional mapping and sampling while we advance permitting in tandem with preparation for a maiden drill program in 2022.”
Hole SM20-47 was not only successful in determining the exact location of the mineralized Santa Maria footwall structure but more importantly filled in the resource gap with a 13.10 meter mineralized intercept which will help build out the ounce category in this area.
2021 has been a year of excellent growth for Altaley Mining Corporation where our Company has seen steady construction progress at its Tahuehueto gold mine which will soon be entering into production and at the producing Campo Morado Mine, the operations team has made steady improvement to increase production and reduce operating costs resulting in increased revenues and mine operating profit throughout 2021.
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