Heliostar CEO, Charles Funk, commented, “We took our most aggressive step-out shots with the first holes of the 2024 program at Ana Paula. The results show two critical points about Ana Paula. First, we believe the High Grade Panel can be expanded by over 115m down plunge. Second, that new zones of gold could be identified surrounding the main panel.”
“We are very pleased with Jupiter Gold and Silver and the 1832 Funds’ continued support and welcome several new high-quality Australian and global funds to the register. The funding allows Mithril to considerably expand drilling at Copalquin with additional drill capacity and open up the district for more rapid advancement of exploration work.”
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, announces that the final tabulation for the recently announced non-brokered private placement is a total of 35,918,000 units at a price of $0.24 per Unit for gross proceeds of C$8,620,320.
Southern Silver Exploration Corp. reports that all resolutions as set out in the Company’s notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024.
Goldgroup CEO, Ralph Shearing, commented, “Goldgroup has made significant progress toward doubling Cerro Prieto’s production. Should we achieve the increased recoveries obtained in our most recent metallurgical testing during expanded production upon completing crushing improvements, the project will no doubt see a significant increase in gold production and therefore, expected cash flows.”
KINGSMEN RESOURCES LTD. announces that further to a price reservation filed on October 21, 2024 the Company has arranged a non-brokered private placement financing of up to 4,000,000 units at a price of $0.25 per Unit, to raise up to $1,000,000.
“The third quarter continued to validate the strength and quality of the operations at Juanicipio,” said George Paspalas, MAG Silver’s President and CEO. “We are delighted to report another quarter of exceptional production results from Juanicipio. Strong production numbers, coupled with consistent operational improvements validate the quality of this world-class asset and we are excited about the growth and long-term success that lies ahead.”
Kootenay’s President & CEO, James McDonald states, “Another great set of drill results from Columba. Hole 171 is especially exciting with an 87-meter-wide zone of continuous silver mineralization and as a step out down dip and along strike about 50 and 100 meters to the southeast of CDH 140 and 125 respectively.”
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During Q3 2024, Santacruz continued to demonstrate steady operational performance, processing 491,260 tonnes of ore, yielding 4,644,013 silver equivalent ounces. Notably, silver production increased by 2% compared to Q2 2024, reaching 1,703,388 ounces.”
Gold Resource Corporation announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent ounces of 3,526.
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