Year: 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.”

“We are thrilled to have completed this transformative acquisition that provides IMPACT with production in a second mining district, bringing with it both production growth and exploration upside to the Company going forward. Plomosas is a unique and fully permitted operation built on a large mineral system with global tier one historic grades at 13%+ zinc providing exceptional potential to both upgrade and expand its current level of operations.”

Aloro Mining Corp. is pleased to announce that it has contracted Francisco A. Lopez as Project Geologist for the Quitovac Gold Mine Project (Quitovac) in Sonora, Mexico. Quitovac is located in the prolific Mojave-Sonora Megashear.

“The announcement today effectively removes a US$22 million overhang that has been with the Company since 2019,” stated Shawn Howarth, President and CEO.

Excellon Resources Inc. is pleased to report financial results for the three- and twelve-month periods ended December 31, 2022.