Gatos Silver Reports 2021 Year-End Results and Provides Corporate Update
March 8, 2022
Record Production: 2.3 million ounces of silver produced in the fourth quarter of 2021 and 7.6 million ounces of silver produced in 2021.
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Record Production: 2.3 million ounces of silver produced in the fourth quarter of 2021 and 7.6 million ounces of silver produced in 2021.
“The continued impact of the pandemic, combined with the new Mexican labour reform, have presented Fresnillo with operational challenges during the year. More recently, we were all devastated to report the passing of Alberto Baillères, our Honorary Chairman. Don Alberto was a remarkable man. We will miss his guidance, compassion, encouragement and faith.”
“Our drill program at Margarita has been a huge success with every drill hole returning high-grade values over significant widths. The drilling has exceeded our expectations, it now appears the system is wider, higher grade and closer to surface than what we thought going into the campaign. We look forward to producing our maiden resource later this quarter and PEA shortly thereafter”
Argonaut disposed of the Magna Shares in order to monetize its investment in Magna. Argonaut reserves the right to purchase additional securities of Magna as future circumstances may dictate.
GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 16,146,000 common shares at a price of C$2.85 per Common Share, for aggregate gross proceeds of approximately C$46 million, including proceeds from the full exercise of the over-allotment option to purchase an additional 2,106,000 Common Shares.
Capitan Mining Inc. is pleased to report continued exploration results from its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project (formerly referred to as the Peñoles Project), Durango, Mexico.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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