NRGBriefs: Chevron Comments on Venezuelan License; SQM Results

(Energy Analytics Institute, 19.May.2022) — Energy briefs including Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) holding a conference call to discuss its 1Q;22 financial results; Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) reporting results from 10 new drill holes targeting the Tajitos – Copala resource area, at its 100%-owned, flagship Panuco silver-gold project in Mexico; and Chevron Corporation commenting on its operations in Venezuela amid recent actions from Washington easing some restrictions imposed on the OPEC country.

LATIN AMERICA AND THE CARIBBEAN

Chile

Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) will hold a conf. call to discuss its 1Q;22 financial results on 19 May 2022 at 12pm ET (12pm Chile time). Participant dial-in (toll free): 1-855-238-1018. Participant Int’l dial-in: 1-412-542-4107.

Webcast: https://services.choruscall.com/links/sqm220519.html

Sociedad Química y Minera de Chile S.A. (SQM) also revealed its sustainability rpt for 2021.

Mexico

Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) reported results from 10 new drill holes targeting the Tajitos – Copala resource area, at its 100%-owned, flagship Panuco silver-gold project in Mexico. The results are centered on a vein splay discovered at the northern end of Tajitos, at the footwall of the low angle Copala Vein. CS-22-161 returned 3,513 grams per tonne (g/t) silver equivalent (AgEq) over 2.65 meters true width (mTW) (2,461 g/t silver and 13.16 g/t gold); CS-22-157 returned 1,013 g/t AgEq over 4.20 mTW (713 g/t silver and 3.76 g/t gold); CS-22-154 returned 3,286 g/t AgEq over 1.70 mTW (2,400 g/t silver and 11.08 g/t gold); and CS-22-158 returned 1,671 g/t AgEq over 1.50 mTW (1,140 g/t silver and 6.65 g/t gold), Vizsla announced 19 May 2022 in an official stmt.

Venezuela

— Amid details OFAC could allow Italy’s Eni and Spain’s Repsol to restart oil-for-fuel swaps w/ Venezuela, Chevron Corp. issued the following stmt regarding its ops in Venezuela: “We continue to conduct our business in compliance with the current license framework provided by the US Office of Foreign Assets Control (OFAC),” Chevron spokesperson Ray Fohr said in an emailed stmt. “We are a constructive presence in Venezuela, where we have investments and a large workforce who are dependent on our presence. We remain committed to the safety and wellbeing of our employees and their families, the integrity of our joint venture assets, and the company’s social and humanitarian programs during these challenging times,” Fohr added.

RELATED STORY: Venezuela Petroleum Chamber President Reinaldo Quintero on the Oil Sector, Production Levels and Potential to Reach 2 MMb/d

RELATED STORY: US Moves to Ease a Few Economic Sanctions on Venezuela

RELATED STORY: US to Ease Some Energy Sanctions on Venezuela

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.