Year: 2022

Santacruz Silver Reports Fourth Quarter/Year-End 2021 Financial Results

Carlos Silva, CEO of Santacruz, stated, “During 2021 the Zimapan and Rosario mines generated a gross profit of US$10.3 million as compared to US$1.0 million in 2020, however; a one-time administration expenses and Mexican income tax-based adjustments resulted in an overall consolidated net loss of US$11.6 million. Production for silver, zinc and copper, increased in 2021 when compared to 2020.”

Oroco Issues Incentive Options

Oroco Resource Corp. announces that pursuant to the Company’s Stock Option Plan and subject to approval by the TSX Venture Exchange, the Company has issued a total of 6,850,000 incentive stock options at an exercise price of $2.05 per share with a term of three years.

Riverside Appoints Wendy T. Chan as New Director

Riverside’s President and CEO, John-Mark Staude: “We are delighted Wendy has joined the diverse Riverside Resources board and brings a passion and skill for major transactions and corporate growth which fits with Riverside’s overall push to move along the discovery and mineral development pipeline with its copper, gold, silver and other assets.”

Capitan Mining Drills Best Intersection To Date: 1.5m Of 2,406 G/T Silver Equivalent Within 16.8m of 332 G/T Silver Equivalent At The Jesus Maria Silver Zone In Durango, Mexico

“With only 9 holes reported to date, assay results are showing excellent continuity of the Jesus María vein and further definition of the Gully Fault zone. We have also identified new veins and mineralized zones in the footwall of the Jesús María vein, which we feel, demonstrates the significant potential to expanding this compelling silver opportunity at our Cruz de Plata project.”

Prime Intercepts 10.7 Metres of 2.42 gpt Au and 24.5 gpt Ag and 26 Metres of 1.07 gpt Au and 20.3 gpt Ag in Zapote North

Daniel Kunz, Prime’s Chief Executive Officer, commented: “Connecting open pit mineralization from Zapote North to Mariposa is an important development for the evolving Z-T Structure. This drilling has identified higher grade ore shoots of potentially open-pit mineable material with a focus on exploring the down dip extensions within known boiling zone elevations.”

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