DENVER–(BUSINESS WIRE)– Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced the temporary suspension of mine operations as a result of a temporary regulatory suspension of the explosive and blasting permit at the Cerro Los Gatos Mine (“CLG”).
Month: April 2022
Commander Partner Southern Empire Provides Results from Drilling at the Pedro Gold Project, Durango, Mexico
Commander was provided an update from project partner Southern Empire Resources Corp. (“Southern Empire”) (SMP:TSX-V) on the recently completed drill program (which began on February 14, 2022) on the Pedro Gold Project (1,750 ha), located in northeastern Durango State, México. Southern Empire completed 6 core holes for a total of 856.3 metres (m) (see table 2 below for hole details and figure 1 attached above for locations). Drill holes were widely spaced from 270 metres to 460 metres apart, except for holes 2 and 3 which were collared on the same site.
Alamos Gold Reports First Quarter 2022 Results
TORONTO, April 27, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2022.
Chesapeake Completes Infill Drilling Campaign at Metates over 22% Average Higher Grades Encountered Within Intrusive-Hosted Mineralization
Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce the results from the last thirteen large diameter (PQ or 85 mm) infill core drill holes completed at its flagship Metates gold-silver project in Durango, Mexico. In total, 18 holes were completed during the 2021-2022 infill drill campaign which totaled approximately 7,485 metres.
Silver Spruce completes geological mapping on priority drill targets, new sampling reports Au to 51.5 g/t, Ag to 2,270 g/t with Pb+Zn+Cu to 50.9 wt.% at Diamante, Mexico
April 27, 2022 – Bedford, NS – (TSXV:SSE) – Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”) announces that the Company has received high-grade Au-Ag-Pb-Zn-Cu assays upon completion of its Phase 1 geological mapping program on the principal drilling target areas of the Diamante 1 and 2 concessions (see Press Release of January 24, 2022).
SIERRA MADRE DRILLING INTERSECTS 3.05 METRES GRADING 743 G/T AGEQ & 4.5 METRES GRADING 402 G/T AGEQ AT THE TEPIC PROJECT, NARARIT, MEXICO
Vancouver, British Columbia – April 27, 2022 – Sierra Madre Gold and Silver Ltd. (TSXV: SM, OTCQB: SMDRF) (“Sierra Madre” or the “Company”) is pleased to announce the results of additional drill holes from the Phase 2 drilling program at its Tepic Silver/Gold Project in the State of Nayarit, Mexico.
MONUMENTAL MINERALS CORP. ANNOUNCES MICHELLE DECECCO, CORPORATE DEVELOPMENT FOR LITHIUM CHILE, TO THE BOARD OF DIRECTORS
News Release – Vancouver, British Columbia – April 27, 2022: Monumental Minerals Corp. (“Monumental” or the “Company”) (TSX-V: MNRL; FSE: BE5) is pleased to announce the appointment of Michelle DeCecco to the board of directors
MAG Silver Reports First Quarter Production from Juanicipio
VANCOUVER, British Columbia, April 27, 2022 — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to report first quarter production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 145,484 tonnes of mineralized material were processed during the three months ended March 31, 2022 (three months March 31, 2021: 36,395 tonnes) at an average head grade of 597 silver grams per tonne (“g/t”) or 17.4 silver ounces/ton (March 31, 2021: 458 g/t or 13.4 silver ounces/ton). Total Juanicipio production for the quarter based on provisional estimates before offtake agreement adjustments totaled 2,400,000 silver ounces and 5,837 gold ounces (March 31, 2021: 462,321 silver ounces and 697 gold ounces). MAG’s attributable 44% production interest for the quarter based on provisional estimates before offtake agreement adjustments totaled 1,056,000 silver ounces and 2,568 gold ounces (March 31, 2021: 203,421 silver ounces and 307 gold ounces). The associated lead and zinc production will be reported with MAG’s first quarter filings.
Almaden Provides Corporate Update
Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company”) is pleased to announce that it has filed an updated technical report, including a Preliminary Feasibility Study (“PFS”), for its Tahuehueto Project in Durango, Mexico. (the “Project”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at http://www.sedar.com in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101″) and in accordance with Canadian Institute Mining’s (“CIM”) Best Practice Guidelines for the Estimation of Mineral Resources and Mineral Reserves
Altaley Mining Files Tahuehueto PFS Technical Report with Significantly Improved Project Economics
Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company”) is pleased to announce that it has filed an updated technical report, including a Preliminary Feasibility Study (“PFS”), for its Tahuehueto Project in Durango, Mexico. (the “Project”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101″) and in accordance with Canadian Institute Mining’s (“CIM”) Best Practice Guidelines for the Estimation of Mineral Resources and Mineral Reserves.