(Energy Analytics Institute, 15.Nov.2021) — Energy briefs including Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) reporting assay results from a series of additional holes from ongoing resource growth and discovery drilling programs at its Warintza Project in SE Ecuador; SilverCrest Metals Inc. saying that at the end of 3Q:21 overall construction progress at the high-grade, historic Las Chispas mining district in Sonora, Mexico was 54% complete; and more.
LATIN AMERICA AND THE CARIBBEAN
Ecuador
— Solaris Resources Inc. (TSX: SLS) (OTCQB: SLSSF) reported assay results from a series of additional holes from ongoing resource growth and discovery drilling programs at its Warintza Project in SE Ecuador. Highlights include: Two additional holes have extended the dimensions of Warintza Central zone to the south and east, w/ the highest-grade intervals in each hole starting at or near surface, Solaris announced 15 Nov. 2021 in an official stmt. The southern extension drilling in SLS-36 together w/ northern step-out drilling previously reported on 12 Oct. 2021 in SLS-32, which returned 618m of 0.48% CuEq from surface, including 372m of 0.64% CuEq from 46m depth, have widened the Warintza Central zone. SLS-35 was collared at the southeastern limit of the Warintza Central grid and drilled into a partially open volume to the east, returning 920m of 0.62% CuEq¹, including 326m of 0.80% CuEq¹ from 50m depth, extending mineralization to the east where it partially overlaps Warintza East. SLS-36 was collared in the middle of the Warintza Central grid and drilled into an open volume to the southeast, returning 1,080m of 0.41% CuEq¹ from surface, including 290m of 0.81% CuEq¹ from 46m depth, extending mineralization by at least 200m to the south where it remains open. To date, 50 holes have been completed at Warintza Central w/ assays reported for 36 of these.
Mexico
— SilverCrest Metals Inc. said that at the end of 3Q:21 overall construction progress at the high-grade, historic Las Chispas mining district in Sonora, Mexico was 54% complete vs an overall scheduled completion of 48%. Construction continued to progress well in the qtr w/ the main access road, plant detailed engineering, and concrete work now complete, bridge construction 88% complete, plant construction 49% complete, powerline 47% complete, and underground infrastructure ongoing, SilverCrest announced 15 Nov. 2021 in an official stmt. Construction progress continued to benefit from no delays due to COVID-19 or any other reason.
— Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) said Glass, Lewis & Co. has recommended that co. shareholders vote “for” matters at the special meetings of shareholders in connection w/ the previously announced merger of equals w/ Kirkland Lake Gold Ltd. (TSX:KL,NYSE:KL, ASX:KLA). Agnico said that w/ this positive recommendation, the co. and Kirkland have now rec’d positive voting recommendations w/ respect to the merger from Glass Lewis and Institutional Shareholder Services Inc., the two leading independent proxy advisory firms that provide voting recommendations to institutional investors, Agnico said 15 Nov. 2021 in an official stmt.
____________________
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
