Starcore International Mines Ltd. is pleased to provide this update on the diamond drilling exploration work in San Martin Mine and Opodepe, Sonora, Mexico.
“Reduced cash flow from operations in Q1 has placed McEwen Mining in a challenging position which we needed to overcome. I have invested a further $15 million by way of an unsecured Promissory Note so that we can implement corrective action.”
Rick Trotman, President and CEO of Barksdale stated: “I’m very happy to announce this major milestone at San Antonio, a core portfolio holding located a few kilometers southeast of the Company’s Sunnyside property. We acquired San Antonio from Teck in 2019 as we saw clear indications of a potentially large porphyry copper system and after several years of diligent effort, we are now excited to drill test the target.”
“We are delighted with the excellent contractors and team working with Riverside on our Oakes exploration campaign, completing the program safely and finding encouraging geology and sulfide zones.”
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