VANCOUVER, BC – August 22, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has received approval from the Secretaria de la Defensa Nacional (“SEDENA”) for the operational storage and use of explosives (the “General Explosives Permit”) at the Las Chispas Project (“Las Chispas”) in Sonora State, Mexico. Prior to receiving the General Explosives Permit, the Company held a temporary explosives permit for construction until late June 2019. The General Explosives Permit is valid for the Life-Of-Project while exploring, developing or potentially producing and is subject to various standard purchase, consumption, reporting and safety provisions. The receipt of this permit allows SilverCrest to further advance underground exploration for the Babicanora Vein in both the Santa Rosa Decline and Babicanora Historic Adit. SilverCrest has also acquired local water rights for Las Chispas, which are transferrable to a more efficiently located operational well(s) at the Company’s discretion. The Company is also pleased to announce that it has exercised its last outstanding option agreement to fully acquire the remaining four of the 28 concessions at Las Chispas, thereby obtaining 100% ownership in all Las Chispas mining concessions containing vein mineral resources.
explosive permit
Argonaut Gold Provides Update for its La Colorada Mine
Toronto, Ontario – (June 5, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) reports that the Judiciary court hearing with respect to the Company’s explosives permit for its La Colorada mine (see press releases dated April 12, 2018, April 17, 2018, April 27, 2018 and May 17, 2018) has been postponed and is awaiting imminent court scheduling.
Argonaut Gold Provides Update for its La Colorada Mine
Toronto, Ontario – (May 17, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) reports that the Judiciary court hearing with respect to the Company’s explosives permit for its La Colorada mine (see press releases dated April 12, 2018, April 17, 2018 and April 27, 2018) has been rescheduled to June 4, 2018.
Argonaut Gold Provides Update for its La Colorada Mine
Toronto, Ontario – (April 27, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) reports that the court hasrescheduled the hearing pertaining to Argonaut’s explosive permit at its La Colorada mine to May 16, 2018 (see press releases dated April 12, 2018 and April 17, 2018). After a thorough review of previously blasted ore in the pits, ore stockpiles and the ability to mine certain areas without requiring blasting, the Company estimates it has sufficient ore to continue operations until the end of July at its budgeted crushing throughput level of 12,000 tonnes per day.
Argonaut Gold Provides Update for its La Colorada Mine
Toronto, Ontario – (April 17, 2018) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) reports that the has court postponed the hearing pertaining to Argonaut’s explosive permit at its La Colorada mine (see press release dated April 12, 2018) to allow the Secretary of National Defense (“SEDENA”) to provide evidence requested by the court regarding the temporary suspension of the explosives permit at Argonaut’s La Colorada mine. It is expected that a ruling will be issued within 15 business days of the original hearing date (April 16, 2018), as required by law.