Month: April 2024

Torex Gold Provides Q1 2024 Update on Media Luna Project

“2024 is off to a solid start with quarterly gold production of 115,494 ounces, tracking exactly to plan. Importantly, we delivered these ounces safely, exiting the quarter with one lost-time ankle injury at the Media Luna Project and reaching 14 million hours lost-time injury free at ELG.”

Silver Tiger Intersects 32.0 Meters of 1.36 G/T Gold Equivalent Within 81.1 Meters of 0.94 G/T Gold Equivalent in the Stockwork Zone

Silver Tiger’s CEO, Glenn Jessome, stated, “As we continue receiving promising assay results, it is apparent that the developing “Footwall” and “Keel Zones” shows excellent grade and continuity.” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”

Luca Reports Strong Q4 2023 and Annual Financial Results

Ramon Perez , President, and Interim CEO, commented, ” I am pleased to share some exciting updates regarding our recent financial performance and production milestones. As we reflect on Q4 2023 results, it’s evident that our optimization initiatives at Campo Morado are yielding promising results. Additionally, despite being in the construction phase at Tahuehueto, we are already observing the early fruits of our labor.

Bear Creek Mining Reports 2023 Year End Financial and Operating Results

Eric Caba, President & CEO, states, “As 2023 came to a close Mercedes operating performance was getting better – a trend we expect to continue into 2024. Systemic problems take time to come to the surface and be realized however, and then take significant time and resources to resolve. 2023, our first full year as operators of Mercedes, was a difficult year for Bear Creek as our financial results clearly indicate.”

Minera Alamos 2024 Outlook and 2023 Year End Financials

“An updated development plan for the project which was completed late in 2023 has now been initiated and includes increased mining and stacking activities in 2024/25 as was outlined in February this year. Decisions made through the temporary reduction in operations allowed the Company to maintain a strong overall financial position that can support activities planned for this year,” stated Darren Koningen, CEO of Minera Alamos.

Paran Trabajadores la Mina Tayahua

Por desacuerdos con el monto de utilidades, trabajadores pararon las operaciones de la unidad Tayahua, de Minera Frisco, ubicada en Terminal de Providencia. Los manifestantes acusan, además, otras violaciones a sus condiciones laborales.

Fortuna Renews Share Repurchase Program

Fortuna Silver Mines Inc. announced today that the Toronto Stock Exchange has approved the renewal of Fortuna’s normal course issuer bid to purchase up to five percent of its outstanding common shares.

Guanajuato Silver Announces Brokered Financing Upsized to C$10.9 Million

Guanajuato Silver Company Ltd. is pleased to announce an upsizing of its previously announced brokered, best-efforts offering for an additional C$2,250,000 under a private placement to accredited investors. The aggregate gross proceeds to the Company will now be up to C$10,875,000 under the combined Listed Issuer Financing Exemption and Private Placement.

Minera’s Copper Subsidiary Acquires Suaqui Verde Copper Project in Sonora, Mexico

“Suaqui Verde has been on the Minera team’s radar for many years and its acquisition adds significantly to the Company’s copper assets in the area where we already operate. The area surrounding Los Verdes hosts numerous copper deposits. The combination of these assets into a single entity greatly expands the potential options for developing a regional copper “hub,” the production from which can grow organically over time.”

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.