Equinox Gold Corp. announces that it has entered into an agreement with BMO Capital Markets, on behalf of itself and the other initial purchasers pursuant to which the Initial Purchasers have agreed to buy, on a bought deal basis, 4.75% unsecured convertible senior notes due 2028 in an aggregate principal amount of $150 million.
As previously announced May 10, 2023, Silver Valley entered discussions with LitioMX, (the national lithium company of Mexico), with the goal of these discussions to ultimately formalize a partnership agreement to explore and produce lithium in Mexico. Silver Valley maintains its 100% ownership of the Potassium Sulphate component of the dual commodity MexiCan Lithium-Potassium Project.
Ms. Shane brings decades of experience in capital markets, corporate development and investor relations to Luca following a career spanning nearly 30 years at the highly successful Lundin Group of Companies.
Greg McKenzie, President and CEO stated, “The Golden Tag team is excited to have drilling now underway at the recently acquired La Parrilla Complex, a silver mine with a long history of production and profitability which hosts significant in-place infrastructure including a 2,000 tpd processing facility. This initial phase of drilling is designed to increase the Inferred Resource base at the Project and is the first step in our goal of restarting production at the La Parrilla Complex.”
Volcanic Gold Mines Inc. and Radius Gold Inc. are pleased to announce that they have modified the Option Agreement signed in 2020 to include the Motagua Norte project in exchange for the Banderas project. The work that the Volcanic team has completed to date has demonstrated that Motagua Norte is a high grade orogenic gold system with compelling drill targets.
The report is entitled “Preliminary Economic Assessment Update NI 43-101 Technical Report of the Velardeña Project” with an issue date of August 18, 2023.
Richard C. Adkerson, Chairman of the Board and Chief Executive Officer said: “Copper’s essential role in current and emerging clean energy technologies is critical to global decarbonization. FCX is making a positive impact on the global energy transition by executing on our own climate strategy and delivering the responsibly produced copper necessary to support a net zero future.”
“We are excited to report that we hit substantial widths at grades well above our current cutoff grade on all four drill holes as we look to define the mineralization limits at depth,” said David Wolfin, President and CEO. “In addition, we have continued to define the hanging wall breccia which is an offshoot of the main Avino Vein that originates from surface.”
Orex’s President & CEO, Ben Whiting, P.Geo., said; “This is a positive step in the advancement of the Coneto Project. An understanding of the alteration of host rocks, due to hydrothermal fluid flow, is important for identifying feeder systems for the gold and silver mineralization.”
“The decision to open our own mint was made to ensure our bullion store has adequate supplies in order to fulfill customers demand,” stated Keith Neumeyer, President & CEO. “Last year, we sold over 440,000 ounces of silver bullion, generating over $11 million in revenue.”
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