Greg McKenzie, President and CEO commented: “We are pleased to have expanded on our thesis that open pit style mineralization exists near surface, above the Fernandez Zone.”
“Parral continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration budget,” said Brad Langille, President and CEO. “Parral continues to be a steady source of cash flow while the Los Ricos project is the major driver of shareholder value for the Company.”
“Once again, our team in Mexico has delivered on two significant milestones: our first full quarter of gold production and achieving commercial production on time,” said Andrew Cormier, Chief Operating Officer of Orla Mining.
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.”
“Mabel is an initial step for our company. We are happy to find an agreement with Mexus Gold to be able to move forward on one of their projects. We look forward to expanding the resource and finalizing the definitive agreement in the near-term.”
“We are pleased that the permitting documents were approved by SEMARNAT without revision and on schedule. Silver Spruce is clear to move ahead with planning logistics and contractor selection for our second 1,500-2,500 metre reverse circulation (“R/C”) drilling program on El Mezquite,” said Greg Davison, Silver Spruce Vice-President Exploration and Director.
Canuc Resources Corporation is pleased to announce the closing of non-brokered Private Placement for gross proceeds of $450,000 CAD.
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