Year: 2024

Glenn Jessome, President & CEO stated “We are very pleased with the work completed by our consultants and our technical team on the PFS for the open pit at El Tigre. The open pit delivers robust economics with an NPV of US$222 million, an initial capital expenditure of US$87 million, and a payback of 2 years with 3 years of production in the Proven category in the ‘Starter Pit using metal prices greatly discounted to the spot price.”

James Anderson, chairman and chief executive officer, said: “We are extremely pleased to welcome the participation of Mr. Eric Sprott in this financing. His continued support is a strong endorsement of Guanajuato Silver’s vision and potential.”

Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, “We are pleased that the metallurgical test work achieved gold recovery rates exceeding 70%, providing verification that our proprietary oxidative leach technology is working as planned. These test results will be the foundation for a Metates pre-feasibility study.

“We’re in the final construction phase with the finish line in sight,” commented Don Gray, Chief Operating Officer. “The Upper Platform is nearly complete, and the primary jaw crusher was commissioned, with rock crushed in August. The major focus is the Lower Platform and Tailing Storage Facility.”

Apollo Silver Corp. is pleased to announce that due to significant interest, the Company has elected to further increase the size of its non-brokered private placement and will now offer up to 67,500,000 common shares of the Company at a price of $0.20 per Share, for aggregate gross proceeds of up to $13,500,000.

Vizsla Silver Corp. is pleased to announce that it has completed its acquisition of the past-producing La Garra-Metates district situated in the heart of the silver-gold-rich Panuco – San Dimas corridor, previously announced on March 28, 2024.

Heliostar Metals Ltd. is pleased to announce that it has appointed Mr. Hernan Dorado as Vice President Sustainability and Special Projects.

“Santa Elena continues to deliver strong performance, quarter after quarter” said Keith Neumeyer, President & CEO. “The continued impressive operational results at Santa Elena, along with the recent Navidad discovery make this a truly world-class district.”

“Our team delivered a strong third quarter, with production increasing by an impressive 13%, as we have managed to overcome ore crushing challenges in June and July. Mill availability, coupled with higher grades and recoveries in silver and copper, respectively, put us back on track for our production guidance of 2.5 to 2.8 million silver equivalent ounces in 2024” said David Wolfin, President and CEO of Avino.

“We are thrilled to welcome Jill Satre to our Board of Directors. Her extensive expertise in the mining and energy sectors and her leadership in corporate governance, risk management, and compliance make her an invaluable addition to Hecla.”