Day: March 13, 2024

Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023

“Our operational results for the final quarter of 2023 were in line with our mine plan and guidance even though our financial results were lower than planned,” stated Allen Palmiere, President and CEO for the Company. “Factors that are out of our control affected our bottom line, including a strengthened Mexican Peso to the US dollar, increased local power costs, and lower metal prices for our co-product metals of copper, lead, and zinc.”

Discoveries 2024 Mining Conference: Celebrating a Decade of Mining Exploration, Innovation and Development in Mexico

Mexico Mining Center is proud to announce the 10th anniversary of the Discoveries 2024 Mining Conference, to be held May 21 – 23, 2024, at the prestigious Mazatlan International Center in Mazatlan, Sinaloa, Mexico. With a decade of unparalleled success in fostering innovation, exploration, and development in the mining sector, this year’s conference promises to be the most impactful yet.

Riverside Resources and Fortuna Silver Sign Exploration Earn-In Option Agreement for the Cecilia Project Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to partner with Fortuna Silver as we have had a productive and respectful relationship having worked in parallel in Mexico for over 15 years. Riverside has invested in working up the project to an actionable stage and consolidated the tenures making this a highly prospective property that warrants the type of deep and thorough exploration attention that this agreement provides.”

CMC Announces Cancellation of Private Placement and the Agreement to Acquire the Gavilanes Project in Durango, Mexico Due to the Rejection of the Exploration Permit Renewal by SEMARNAT

Kevin Brewer, President and CEO of CMC noted “The decision by SEMARNAT to not extend the permit renewal at the Gavilanes project is disappointing. The preparation and filing of the application was the sole responsibility of the property owner and as a result CMC was left with no choice but to pull out of the agreement to initiate the acquisition of Gavilanes.”

Colibri Provides Project Update at EP Gold Project; Magnetic Survey Completed

Ian McGavney, President & CEO of Colibri commented: “We have only recently received the final map products from the drone magnetic survey, and it is already paying dividends. The results of the survey have provided “proof-of-concept” of our near-term drill plan, has provided key information for development of our EP Gold Project exploration model, and has resulted in the identification of new target areas.”

VVC Welcomes Steve Looper to its Board of Directors

VVC Exploration Corporation, dba VVC Resources,is pleased to announce the addition of Mr. Steve Looper to its Board of Directors. Mr. Looper brings a wealth of experience and expertise to the Company’s leadership team, with an impressive track record in the oil and gas industry and a commitment to sustainable and innovative energy solutions.

Mako Mining Intersects 13.43 g/t Au and 36.8 g/t Ag over 9 m (Estimated True Width) at Las Conchitas, 57m from Surface, Outside of Current Mineral Resource Estimate

Akiba Leisman, CEO of Mako states, “this is another spectacular result from our exploration team. This exceptionally wide and high-grade intercept outside of our current MRE, is another clear example of the expansion potential of our current resource. We have been mining this area at Las Conchitas since last November. Therefore, this result will likely be turned into cash flow over the course of the next two years through normal mining operations.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.