VANCOUVER, BC, Aug. 6, 2020 /CNW/ - Trading resumes in:
Company: Santacruz Silver Mining Ltd.
TSX-Venture Symbol: SCZ
All Issues: Yes
Resumption (ET): 2:30 pm
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
Also wenn hier nicht das Länderrisiko wäre (Philippinen), wäre das bei den aktuellen Q-Zahlen für mich ein klarer Kauf KGV bei 2 für einen 95.000 oz Produzenten Aber halt Philippinen. Das hält mich ab. (leider)
Co-O Mine Operations ? Production: 28,363 ounces at average head grade of 7.56 g/t gold (June 2020 Qtr: 21,947 ounces at 6.59 g/t gold). ? Cash Costs: US$615 per ounce (Jun 2020 Qtr: US$692 per ounce). ? All-In-Sustaining-Costs (?AISC?): US$1,079 per ounce (Jun 2020 Qtr: US$1,116 per ounce). ? Mill performance: Gold recovery averaged 95.9% (Jun 2020 Qtr: 95.8%). ? Mine development: Total advance of 8,887 metres of horizontal and vertical development (Jun 2020 Qtr: 8,087 metres). ? COVID-19: Preventive measures to reduce the health risk to personnel while at work continue to be followed. A general community quarantine directive remains in place at end of quarter.
Co-O Mine Exploration ? Underground resource drilling Total drilling for the quarter was 10,986 metres, a 78% increase from last quarter (Jun 2020 Qtr: 6,187 metres). Key areas and highlights are as follows: o Reserve drilling at Levels 4,9 & 10 totalled 5,762 metres from 26 holes; o Resource drilling at Level 10 totalled 5,224 metres from 10 holes; and o High-grade results returned from the drilling included 2.3 metres @ 24.8g/t gold; 1.2 metres @ 70.3 g/t gold; 1.0 metres @ 101.6 g/t gold; 1.0 metres @ 83.7 g/t gold; and 0.5 metres @ 143.0 g/t gold.
Regional and Near Mine Exploration ? Co-O near mine exploration: o The easing of the COVID-19 work/travel restrictions enabled drilling at the Royal Crown Vein Gold Project to resume and completing three drillholes totalling 1,074 metres for this quarter; and o Significant intercept is a zone of 67.15 metres (299.85 metres - 367.00 metres) @ 5.71 g/t gold, including 30.30 metres @ 5.89 g/t gold; and 22.35 metres @ 8.10 g/t gold.
Corporate and Financial ? Total cash and cash equivalent on metal account at quarter end increased by approximately 37% to US$64.7 million (Jun 2020 Qtr: US$47.1 million) after creditors, tax, interest charges and working capital movements. ? AGM scheduled for 29 October 2020. Raul Villanueva, current Executive Director, advises that he will not be standing for re-election to the Board. ? Patrick Warr appointed as CFO following the retirement of Peter Alphonso,