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VanGold Files PEA for Combined El Cubo / El Pinguico Project
VANCOUVER, BC / ACCESSWIRE / April 5, 2021 / Further to the Company's proposed acquisition o...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"VanGold Files PEA for Combined El Cubo / El Pinguico ProjectVANCOUVER, BC / ACCESSWIRE / April 5, 2021 / Further to the Company's proposed acquisition of the El Cubo mine and mill complex (\"El Cubo\") from Endeavour Silver Corp. (\"Endeavour\") first announced December 18, 2020, VanGold Mining Corp. (the \"Company\" or \"VanGold\") (TSXV:VGLD) is pleased to announce that it has today filed on SEDAR the NI 43-101 Preliminary Economic Analysis technical report (\"PEA Report\") for the combined El Cubo and El Pinguico project south of the city of Guanajuato, Mexico (together the \"Combined Project\"). The results of the preliminary economic analysis were previously announced in the Company's news release dated February 16, 2021. A copy of the PEA Report will also be available on VanGold's website shortly.The PEA report was prepared by Behre Dolbear & Company (USA), Inc., independent mineral industry advisors, (see \"About Behre Dolbear\" below) and has an effective date of January 31, 2021, with an updated issue date of April 1, 2021. There are no material differences in the mineral resources and results of the preliminary economic analysis contained in the PEA Report from those reported by the Company on February 16, 2021.About Behre Dolbear: The PEA Report was prepared by independent mineral advisors Behre Dolbear & Company (USA) Inc., one of the oldest mineral industry advisory firms in the world, continuously operating since 1911. Behre specializes in performing impartial technical and strategic studies for mining companies, financial institutions, governments and international agencies. Typical studies include resource and reserve reviews, mineral property valuations, due diligence studies for bankability and acquisition purposes, and independent expert reports for capital raisings and valuations.About VanGold Mining Corp.VanGold Mining is an exploration and development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company's El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. Upon closing of the El Cubo acquisition, the Company will focus on the refurbishment of the El Cubo mill, and swift commencement of production from the El Cubo and El Pinguico Combined Operation, as well as delineati...