Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “Rodeo continues to operate according to plan providing cash flow for our exploration and development projects at Yoquivo, Sarita Este, and of course, Velardeña.”
Tocvan Ventures Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of units for gross proceeds of $346,200.
“We drilled more metres on the skarn in the first quarter of 2022 than during any other quarterly period, with infill drilling increasing our confidence in the central skarn resource and exploration drilling further defining the extensions to the east, south and west,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
“With the resumption of operations and strengthening of the management team, coupled with its strong balance sheet and cash flow generating capabilities, the Company is rapidly securing its spot as a major modern silver producer with valuable zinc and lead by-products,” said Dale Andres, CEO of Gatos Silver.
“IMPACT continues to be one of the purest silver miners with a 90%+ revenue leverage to silver prices. It is our plan in 2022 that with ongoing production efficiency improvements and exploration plans, we will continue to shape IMPACT into the premier silver exploration and production play for investors.”
Sonoro Gold Corp. is pleased to announce the positive results of an updated independent Preliminary Economic Assessment on the Company’s Cerro Caliche gold project located in Sonora State, Mexico. The updated PEA highlights several opportunities to potentially increase the project’s previously reported economic parameters, as well as potentially lower several identified risks.
The net proceeds from the Pre-Payment Facility will be used to strengthen GSilver’s balance sheet for ongoing capital expenditures, development and operation of the Company’s El Cubo mine and mill complex located in central Mexico.
The Phase 1 metallurgical program has greatly increased Orla’s understanding of metallurgical characteristics of Camino Rojo Sulphides, and appears to open up multiple processing options for the Camino Rojo Sulphides relative to what was suggested by previous work.
“Starcore continues with the philosophy of producing profitable ounces and generating positive cash flow through its operational excellence programs. The impact of these programs has been reflected in the cost savings and productivity reached over the past year”.
Kootenay Silver Inc. is pleased to announce drill crews are on site at the Columba high-grade silver project, located in Chihuahua State, Mexico in preparation to begin the 2022 drill program. Two diamond core drills are scheduled to arrive within the next few days.
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