Mr. Balarezo concluded,“I am encouraged by the production improvements during the fourth quarter. Our primary goal in the new year is to ramp up production at Yauricocha, stabilize production at Bolivar and optimize Cusi’s production.”
Esperanza Silver de Mexico S.A. de C.V., General Manager, Jos Hantelmann states, “There are many stakeholders in a mining project but none are more important than the local community within which a project resides.”
“Our December financial statements highlight one of the key strengths of our Company – which is our strong balance sheet which continues to allow us to advance our Los Ricos project. Subsequent to our quarter end, we closed a bought deal financing which further strengthened our balance sheet, with over $100 million USD in cash as of today,” said Brad Langille, President and CEO.
“Hecla’s silver reserves are an all-time high,” said Phillips S. Baker, Jr., President, and CEO. “In the past 15 years, we have replaced the 213 million ounces mined and yet have almost 5 times the reserves we had at the start of 2008.”
“We are very excited to fulfill, in partnership with Colibri, the Phase 1 exploration drilling program and technical reporting to earn our combined 50% interest in Diamante. There are numerous defined drill targets and other prospective areas offering future potential for mineralization of several genetic styles with precious and base metals,” said Greg Davison, Silver Spruce Vice-President Exploration and Director.
Reyna Silver Corp. is pleased to announce the closing of the first tranche of its previously announced “bought deal” private placement of units for gross proceeds of C$4,999,800.
Allen Palmiere, President and CEO, said, “2022 was a challenging year for the Company on a number of fronts; however, we made excellent strides with our operations, capital and exploration programs.”
“Today’s results continue to de-risk Copala with tightly spaced infill drilling, while incremental step-outs, beyond the recently announced updated mineral resource estimate, highlight the significant expansion/discovery potential remaining in the district,” commented Michael Konnert, President & CEO.
Vizsla Silver Corp. announces that, pursuant to the Company’s Omnibus Equity Incentive Compensation Plan, it has granted 2,130,000 stock options at an exercise price of $1.60 and 1,133,572 restricted share units to directors, officers, employees and consultants of the Company.
Chairman and CEO Frederick Davidson commented, “We are truly pleased to acquire a second mining district after evaluating hundreds of projects over the years in an effort to grow IMPACT. Currently Plomosas is a relatively small mining operation on a large mineral system.”
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