Month: July 2022

SilverCrest Announces First Pour at Las Chispas Mine

N. Eric Fier, CEO commented, “This marks another significant milestone in progressing towards commercial production in Q4, 2022. It is with great pride that I acknowledge the hard work of our team and thank everyone who has contributed to the completion of construction of Las Chispas, ahead of schedule and under budget, and all of those dedicated to commissioning the Mine”.

Mako Mining Provides Update on One Year Anniversary Since Declaring Commercial Production

Akiba Leisman, CEO of Mako states that “this past year has been transformative for the Company. Mako has now been in commercial production for 1 year. Since that time, the Company has profitably produced in excess of 36,000 ounces of gold, reached nameplate capacity of 500 tpd in December of last year, invested over $6 million in growth exploration, repaid approximately $10 million in principal, and began a capital return program to shareholders.”

Starcore Ready to Close Private Placement

Starcore International Mines Ltd. announces it has confirmed a total of $1,200,000 in subscription funds and will be closing its non-brokered private placement upon Toronto Stock Exchange acceptance. On closing, the Company will issue a total of 6,000,000 units at a price of $0.20 per Unit.

Starcore Arranges Private Placement

Starcore International Mines Ltd. announces it has approved a non-brokered private placement for gross proceeds of up to $1,200,000. The private placement will consist of up to 6,000,000 units at a price of $0.20 per Unit.

Osisko Development Announces Annual Grant of Stock Options, Restricted Share Units and Deferred Share Units

Osisko Development Corp. announces that, as part of the Company’s annual compensation review, the Board of Directors has authorized the grant of an aggregate of 765,500 incentive stock options to officers of the Company. The Options have an exercise price of $6.49 per share, are exercisable for a period of five-years from the date of grant and will vest as follows: one-third on the date of grant, one-third on the first anniversary of the date of grant and one-third on the second anniversary of the date of grant.

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.

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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.