Month: May 2023

Sonoro Gold Announces $3 Million Private Placement

Sonoro Gold Corp. is pleased to announce that it will undertake a non-brokered private placement offering consisting of up to 30,000,000 units at a price of C$0.10 per Unit, for gross proceeds of up to C$3,000,000.

GoGold Announces Excellent Drilling at Los Ricos South, Including Second Best Hole Drilled to Date

“Our drilling campaign at the Eagle deposit continues to provide us with excellent results, including the exceptional hole 162 which is one of the best holes drilled to date within the Los Ricos district. This hole exemplifies why we believe so strongly in this deposit with very wide, high grade intersections exceeding a kilo and a half of silver equivalent over 31 metres. We continue to intersect exceptional metal values with the drill bit at the Eagle deposit within Los Ricos South,” said Brad Langille, President and CEO.

Capstone Copper Reports First Quarter 2023 Results

John MacKenzie, CEO of Capstone, commented, “We are pleased to report that construction at our transformational Mantoverde Development Project remains on-time and on-budget, with nearly 3 million tonnes of sulphide ore stockpiled to date ahead of our ramp-up commencing late this year. Furthermore, despite a challenging Q1 2023 marked by heavy rainfall at our Pinto Valley mine in Arizona, we are re-iterating our 2023 production, cost, and capital outlook.”

Defiance Announces Executive Appointments

Defiance Silver Corp. is pleased to announce the appointment of Oleg Shcherbyna as Chief Financial Officer and Lisa Thompson as corporate secretary, effective immediately.

Pan American Silver Reports Additional High-Grade Drill Results From the La Colorada Skarn Project

“These new drill hole results both extend the 902 zone and confirm that there are multiple zones of higher grade within the limestone and skarn, which align with surrounding porphyry intrusives and epithermal veins,” said Christopher Emerson, Pan American’s Vice President Exploration and Geology. “We have now drilled over 20 holes into this area, which remains open to the west and northwest. The 2023 infill and exploration program of 28,000 metres from surface and underground drilling stations is currently underway.”

Torex Gold Provides Second Quarterly Update on Media Luna Project

Jody Kuzenko, President & CEO of Torex, stated: “With a full year of execution now behind us and 21 months remaining, the Media Luna Project continues to track to overall schedule and budget. At quarter-end, the project was 24% complete across engineering, procurement, underground development, and surface construction.”

Hecla Mining Company’s Phillips S. Baker, Jr. Receives The Selwyn Blaylock Canadian Mining Excellence Award

Hecla Mining Company announced today that President and CEO Phillips S. Baker, Jr. received this year’s Selwyn Blaylock Canadian Mining Excellence Award. The award, given by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), recognizes an individual who has demonstrated distinguished service to Canada through exceptional achievement in mining, metallurgy, or geology.

Sierra Metals Comments on Proposal by Shareholder

Contrary to inaccurate and misleading characterizations in the ARC Proposal which were put forward at a time of critical strategic importance, in the last two months alone Sierra Metals has announced several initiatives that provide evidence of positive operating momentum, improved financial flexibility and a strong commitment to a culture of safety.

One Platform to Rule Them All: Guanajuato Silver Selects Micromine

Guanajuato Silver chose Micromine Origin, Micromine Beyond and Micromine Nexus due to the comprehensive functionality which has enabled them to replace multiple geological modelling, mapping, and mine design applications with Micromine’s powerful all-in-one solution.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.

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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.