The emeralds and rubies miner doesn't know when it might be able to host its next auction, or generate meaningful revenue from sales, due to the “severe” impact of covid-19 restrictions.
Company reported high-grade assays from its asset in Colombia including a record 5.73 grams gold per tonne and 5.2 grams silver per tonne over 63 metres from 356 metres downhole.
Company has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty on 81 mineral claims and one mining lease from First Quantum.