Year: 2023

“We are reaffirming our annual 2023 guidance ranges for silver and gold production with the expectation that production for both will come in at the low end of the ranges. We expect Gold Segment Cash Costs and AISC to be within the guidance ranges and Silver Segment Cash Costs and AISC to be marginally above their guidance ranges,” said Michael Steinmann, President and Chief Executive Officer. “While mine operating performance was broadly in line with the plan across the portfolio, ventilation constraints at La Colorada and lower grades at El Peñon weighed on silver and gold production.”

Eric Caba, President and CEO of Bear Creek states, “On behalf of Bear Creek’s Board of Directors, I am very pleased to welcome Sandra Daycock, Susan Toews and Brian Peer to the Company. Sandra and Susan bring a wealth and diversity of experience to our Board and will contribute their cumulative financial, legal, strategic and governance expertise to the direction of the Company. Likewise, with over three decades of hands-on experience at mining operations throughout the Americas, Brian is a welcome addition to our senior management team. We look forward to the contributions Sandra, Susan and Brian will bring to Bear Creek as we continue to grow and develop.”

Dale Andres, CEO of Gatos Silver, said: “The LGJV continues to generate robust cash flows with the CLG mine consistently producing high margin silver ounces. As a result of continued good operational performance in the first month of the fourth quarter along with recent optimization of the mine plan, we are increasing our 2023 full year silver and silver equivalent production guidance by 16% and 8% respectively, based on the midpoint of each guidance range.”

The Board of Directors of Bear Creek Mining Corporation announces with great sadness that Mr. Anthony (‘Tony’) Hawkshaw, former CEO and director of the Company, passed away on November 4th after a valiant battle with cancer.

“Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont,” said Tom Palmer, Newmont’s President and Chief Executive Officer. “Our attention now turns to safely, efficiently, and responsibly integrating Newcrest’s assets and people into Newmont’s proven operating model, so we can accelerate the delivery of our value-focused strategy for all our stakeholders.”

“Our 2022 ESG Report reinforces Argonaut Gold’s commitment to executing our vision, mission, and values. Our vision is to become a low-cost, mid-tier North American gold producer that creates significant value for our stakeholders and proudly demonstrates responsible mining.”

Minaurum Gold Inc. is pleased to announce the closing of a non-brokered private placement. A total of 7,275,000 units were sold at a price of $0.11 per Unit for proceeds of $800,250.

Tocvan Ventures Corp. is pleased to announce it will shortly be closing a non-brokered private placement of up to 1,111,111 units at CAD $0.45 per Unit for gross proceeds of up to CAD $500,000.