Day: April 4, 2023

Based on a preliminary analysis, the required adjustments are non-cash and primarily relate to the timing and recognition of net deferred tax assets at the 70%-owned LGJV. The Company believes that the net effect of these adjustments would decrease by approximately $4 to $6[1] million its reported net income of $18.3 million for the nine months ended September 30, 2022.

Oroco Resource Corp. is pleased to announce the grant of 450,000 incentive stock options to Richard Lock, CEO and Director of the Company.

Warren M. Rehn, Golden’s President and Chief Executive Officer, commented, “Recently improved and updated terms for the purchase of our gold-rich pyrite concentrates allow us to consider moving forward with the re-opening of the Velardeña Properties’ mines without the need to build the BIOX plant, as we had previously planned.”