Month: October 2021

Santacruz Update Report on Stock Halting

The Company wishes to provide an update with respect to the previously announced proposed acquisition of a portfolio of Bolivian mining assets from Glencore.

Silver Dollar Hires Versa for Diamond Drilling at La Joya Silver Project in Durango, Mexico

Initial drilling will focus on the Noria portion of the La Joya property, where relogging and resampling of select historical drill core has been ongoing along with a targeted surface sampling and mapping program to refine drill collar locations. Drill hole collar locations have been selected, drill pad construction is in progress, and drilling is expected to commence shortly.

Kootenay Silver Announces Effective Date of Spin-Out Transaction

The Company has received a final order from the Supreme Court of British Columbia dated September 21, 2021, and shareholder approval pursuant to an annual and special meeting of the Company held on September 15, 2021, to implement the spin-out of 80% of the Company interest in mineral exploration assets located in Canada to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement with Kootenay Resources Inc., a wholly-owned subsidiary of the Company.

Reyna Silver Encounters Multiple High-Grade Sulphide Zones Within 54.9 Metres of Near-Source Style Skarn at Guigui

“We are very pleased that our broadly-spaced systematic drilling program appears to have led us to the threshold of the source of this important historic district. Our main goal for Phase 1 was to locate high-grade mineralization associated with the right style of intrusion, and it turns out we have discovered not only the largest intrusive ever found in the district, but it’s the first mineralized skarn ever seen in Guigui.” stated Jorge Ramiro Monroy, Reyna Silver’s CEO.

Newmont Announces Third Quarter 2021 Results

“Newmont delivered on a challenging third quarter performance with $1.3 billion in adjusted EBITDA and $735 million in free cash flow, building momentum for a strong fourth quarter,” said Tom Palmer, Newmont President and Chief Executive Officer.

Orogen Provides Royalties Update

Orogen Royalties Inc. is pleased to announce an update for its royalty portfolio including the Ermitaño 2% Net Smelter Return royalty in Sonora, Mexico and the Silicon 1% NSR royalty in Nevada, USA.

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