“2022 was a monumental year for Orla as we transitioned to a cash flowing gold producer,” said Jason Simpson, President and Chief Executive Officer of Orla. “The strong cash flows from Camino Rojo will provide a foundation to build upon. Our rich pipeline of exploration and development assets, which we are aggressively advancing, will be critical in growing the Company and increasing value for shareholders.”
Lisa Dea, CFO of GSilver, said: “The new pre-payment facility with OCIM provides additional financial flexibility for our balance sheet as we advance ramp up operations across all four of our producing silver mines in Mexico.”
Canuc Resources Corporation is pleased to announce the closing of a non-brokered private placement for gross proceeds of $900,000 CAD.
Ron Goguen, President & CEO of Colibri commented, “Plomo is a great addition to our property portfolio in Sonora. We have been very encouraged with the progress made on our Evelyn property over the last 18 months and the acquisition of Plomo provides us with a much expanded footprint for discovery.”
Chris Wright, Chairman & CEO, commented: “This phase of drilling was designed to strengthen our understanding of the historical underground development of the Veta Grande vein system, which is critical for both the geologic modelling and the updated resource estimation that we are working towards. We are encouraged by the wide widths of near surface mineralization alongside high grades of Pb-Zn mineralization encountered in this phase of drilling.”
Jorge A. Ganoza, President and CEO, commented, “Fortuna finished the year in line with production guidance, with only a slight miss in cost guidance at the Lindero Mine in spite of strong inflationary pressures. Our business continued to generate healthy free cash flow from ongoing operations of $69.2 million and adjusted results of $245.5 million in Adjusted EBITDA, and adjusted net income of $42.6 million or $0.15 per share.”
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.
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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