Peter Voulgaris has been named president, CEO and a director.
Together with the spin-off of its Nevada mining unit as
Fortitude Gold,
Alex Morrison has been appointed chair, with
Bill Conrad stepping down as chairman but continuing to serve as a director – Conrad is now chair of Fortitude Gold.
Jason Reid, outgoing Gold Resource CEO, president and director, has stepped down to lead Fortitude Gold as CEO, president and director.
Allen Palmiere has been named CEO and a director of Gold Resource.
Lila Manassa Joseph Driscoll have been appointed to the Gold Resource board.
Gold Standard Ventures has announced the appointment of three senior executives to help advance the South Railroad Project.
Full Metal Minerals Ltd.: Full Metal Minerals Announces New CEO and Director, Provides Updates on Private Placement and Announces Shares for Debt Transaction Full Metal Minerals Ltd.
Full Metal or the
Company ) announces that, further to its press releases disseminated on April 20, 2018 and October 8, 2020, it has increased its previously announced non-brokered private placement to provide for a maximum offering of up to 23,125,000 common shares at a price of C$0.08 per share for gross proceeds of up to $1,850,000 (the
Financing ), which is an increase from the previously announced maximum offering of up to 15,625,000 common shares for gross proceeds of up to C$1.25 million. The increase is subject to TSX Venture Exchange approval.
Aftermath Silver Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
Aftermath Silver Ltd.: Aftermath Silver Announces Mineral Resource Estimate for Challacollo Silver-Gold Project, Chile
84% of Indicated and Inferred Resources within Conceptual Pit Shell
Vancouver, British Columbia (Newsfile Corp. - December 15, 2020) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the Company or Aftermath Silver ) is pleased to provide the results of a CIM compliant Mineral Resource estimate for the Challacollo silver-gold project, in Region 1 of northern Chile, summarised in Table 1.
The Mineral Resource estimate used a conceptual open pit and underground optimised shapes to constrain the estimate.
Table 1. Summary of the Mineral Resource Estimate for the Challacollo Silver-Gold Project
Classification
Notes on the Challacollo Mineral Resource Estimate
The effective date of the estimate is 30 November 2020.
The Qualified Person is Dinara Nussipakynova, P.Geo., of AMC Mining Consultants (Canada) Ltd.
Mineral Resources are constrained by an optimized pit shell at a long-term metal price of US$20/oz Ag with recovery of 92% Ag and metal price of US$1,400/oz Au with recovery of 75%.
Silver equivalency formula is AgEq (g/t) = Ag (g/t) + 57.065 Au (g/t).
The open pit mineral resources are based on a pit optimization using the following assumptions:
Plant feed mining costs of US$3.5/t and waste mining cost of $2.5/t.
Processing costs of US$17/t and General and Administration costs of $2.5/t.