Month: December 2022

Silver Viper Closes First Tranche of Private Placement

Silver Viper Minerals Corp. is pleased to announce that it has closed the first tranche of its $2 million private placement announced on November 24, 2022, issuing 1,637,000 units of the Company at a price of $0.20 per Unit for aggregate gross proceeds of $334,600.

Hecla’s San Sebastian Mine Receives Environmental And Sustainability Excellence Award

“Hecla is honored to receive this important award,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “At each of our sites, Hecla is committed to the safety of our workforce, and mining practices which minimize the impact of our operations on the environment, and respect and support the communities where we live and work.”

GSilver Arranges US$5M Debt Facility

Chairman & CEO, James Anderson said, “Ocean Partners has consistently demonstrated their resolute support for Guanajuato Silver and our vision to build the next mid-tier silver producer in Mexico. This debt facility will strengthen our balance sheet and provide us with additional flexibility as we continue to ramp up precious metals production at our four producing mines.”

Golden Tag to Acquire La Parrilla Silver Mine Complex From First Majestic Silver

Greg McKenzie, President & CEO commented “We are honoured to partner with First Majestic in the acquisition of La Parrilla, their first producing silver mine, which has produced 34.3 million oz of Ag.Eq under their ownership. Over the past two years we have evaluated several opportunities for growth in the silver space and La Parrilla is a great opportunity.”

Almadex Intersects 4.51 metres of 656.8 g/t Silver and 0.03 g/t Gold at the San Pedro Silver-Gold Project, Mexico

J Duane Poliquin, Chairman of Almadex commented, “Our projects portfolio is the result of years of effort and invested intellectual capital. We have a track record of discoveries, and we feel the varied and exciting projects in our portfolio have the potential to add to that record. We are following up these exciting results with further drilling which we look forward to reporting on.”

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.