Golden Tag Resources Ltd. is pleased to announce that the Company has filed a technical report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects to update the mineral resource estimate on its 100% owned La Parrilla Project, located 76 kilometres southeast of Durango, Mexico.
Golden Minerals Company announced today that an updated Technical Report has been completed as a Preliminary Economic Assessment for its Velardeña Properties (Durango State, Mexico).
Ernesto Balarezo Valdez, Sierra Metals’ CEO commented: “We are very pleased with the increased mineral resource announced today which is a testament to the hard work of our exploration team as we continue to demonstrate the growth potential at our Bolivar mine. This work is also consistent with our strategy of identifying additional mineral resources at our operating mines to sustain long-term production increases. And it is yet another sign of the momentum we are seeing across our business.”
Sierra Metals Inc. is pleased to announce the appointment of Ms. Wendy Kaufman to its board of directors (the “Board”) as an independent non-executive director, effective August 21, 2023.
“We believe there is potential to upgrade our operations and are currently focusing on areas where we see opportunities for further improvement. By doing this, we aim to make processes more efficient, reduce costs, and get the most out of each of our valuable assets.”
“Transparent reporting on our performance is a core Company tenet and underpins our ‘Towards 2030 Sustainability Strategy'”, stated Chafika Eddine, Orla’s Chief Sustainability Officer. “Through our sustainability report and other disclosures, we will keep stakeholders informed of our progress, hold ourselves accountable against our stated commitments, and gain insights on how to sharpen our future efforts.”
Prime Chief Executive Officer Daniel Kunz commented, “We thank Paul Larkin for his many contributions to the Company and wish him the best in his future endeavours. We have already benefitted tremendously from Kerry Sparkes’ significant geology and project experience, and continue to look forward to his additional involvement as a member of our Board of Directors.”
Chair and CEO Eric Zaunscherb commented, “One must not lose sight of the significant exploration potential of the expansive and wholly owned Plomosas Project beyond its recently updated Mineral Resource. An excellent drill intersection hit rate has demonstrated the efficacy of the Company’s geological exploratory model as the SE Area Discovery mineralization is being extended along the Target Contact.”
“Based on representative samples from Copala, the largest known structure in the Panuco district, we are pleased to report very high silver and gold recoveries,” commented Michael Konnert, President & CEO of Vizsla Silver. “This is a significant de-risking milestone for the Project and provides positive implications for the ongoing development of the Panuco district.”
Paddy Nicol, CEO of Orogen, commented: “Our royalty portfolio consists of 24 projects including the producing Ermitaño mine operated by First Majestic and a potential district scale discovery at the Silicon-Merlin project operated by AngloGold Ashanti. At the Ermitaño mine, a 27% increase in production is forecast for the second half of this year while recent drilling displays the potential for reserve replacement.”
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