“We are excited to have completed the testing phase at Magistral and are very pleased with the results of the SART work,” commented Cameron Tymstra, CEO.
“The publication of our inaugural Sustainability Report marks an important evolutionary milestone for the Company, demonstrating how our long-standing proactive corporate commitment to sustainability, respect, transparency and communication with our stakeholders has been formalized into an ongoing ESG framework for managing and measuring our existing exploration and development programs,” stated George Paspalas, MAG’s President and CEO.
Richard Lock, CEO, commented: “We are very pleased that the drill results continue to expand the North Zone deposit relative to the Gradeshell. In addition, our recent increase in the number of drills from four to six allows us to dedicate two rigs to target the confirmation and expansion of the historical South Zone mineral resource.”
James Anderson, Chairman and CEO said, “Within one week of closing our latest Mexican mines acquisition, we had initiated mining of silver-rich material from San Ignacio and began transporting this material to El Cubo for processing; this rapid restart again highlights our team´s ability to swiftly and successfully restart mines and move them towards full production.”
Jody Kuzenko, President & CEO of Torex, stated: “Receipt of the MIA Integral represents another key milestone in the de-risking of the Media Luna Project, and further demonstrates the ongoing support of local communities and the endorsement of State and Federal Governments of both the social and environmental facets of this project.”
Barksdale Resources Corp. is pleased to announce that Teck Resources Limited, a large shareholder of the Company and one of Canada’s leading mining companies, has elected to exercise its pro-rata equity participation rights and will subscribe for 550,000 units for gross proceeds of $264,000.
Riverside’s President and CEO, John-Mark Staude, commented: “We appreciate the collaboration with Hochschild and the contributions in advancing La Union. The Project has clear exploration upside and while the timing doesn’t currently work to continue with this partnership, we still see an opportunity to create significant value at La Union and will integrate all of the data and evaluate new partnership opportunities in the near future.”
“Leaning on our team’s collective experience in mine building in Mexico with capital and operating costs informed by the recent construction and ramp up of the Santana gold mine, the Cerro de Oro PEA is a game changer for Minera as we strive to reach our initial target of a +100,000 oz/y gold producer,” commented Doug Ramshaw, President.
“We have taken the necessary time to rebuild the 2022 Mineral Reserve and 2022 Mineral Resource from the ground up and are pleased to be able to deliver this update to our shareholders. The 2022 LOM Plan displays low average all-in sustaining costs and strong cash flow until 2028 from our current reserve.”
Great Panther Mining Limited (OTCPK: GPLDK) (“Great Panther” or the “Company”) announces that as part of its ongoing strategic initiative to reposition the Company, three of its directors, Elise Rees, Kevin Ross and Dana Williams, have each resigned from the Board, effective September 30, 2022.
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