Consolidated gold and silver production for the nine months of 2024 totaled 273,645 ounces and 2.9 million ounces, respectively, or 339,933 ounces of gold equivalent, including lead and zinc by-products.
As a result of the production outperformance year-to-date at Camino Rojo, the Company is increasing full year gold production guidance to 130,000 to 140,000 ounces.
On July 12, 2024, the Company announced that it has previously engaged an arm’s length party, AXINO Media GmbH to perform services for the Company, including investor relations activities, as defined in accordance with the policies of the TSX Venture Exchange and applicable securities laws. The Company would like to clarify that the engagement of AXINO was effective as of July 1, 2024 and prior to that date, AXINO had not been engaged by the Company.
Dale Andres, CEO of Gatos Silver, commented: “The CLG mine continues to produce consistent results, with another quarter of strong production and another new record for mill throughput. As a result of continued good operational performance, we are increasing our 2024 full year silver and silver equivalent production guidance by 7% and 6%, respectively, and lowering our by-product AISC by 12%, based on the midpoint of each guidance range.”
“We delivered a strong operational result during the third quarter with gold production of 119,412 oz, bringing year-to-date gold production to 348,728 oz. With this solid performance, we are well on track to deliver on full-year production guidance for the sixth consecutive year.”
Heliostar Metals Ltd. is pleased to announce that it has appointed Mr. Mike Gingles as Vice President Corporate Development.
“The trunnion failure at the Guanaceví mine poses a significant short-term challenge for the Company; however, it’s how we manage these difficult moments that often shapes our long-term success.” said Dan Dickson, Chief Executive Officer.
Scott Emerson, President, commented: “The presence of high-grade samples hosted in intrusive, volcanic and sedimentary rocks of the La Plata – Silvia zones confirm these are highly prospective area and targets for further exploration to identify drill targets.”
Heliostar Metals Ltd. is pleased to announce a non-brokered private placement of 10,000,000 units at a price of $0.60 per Unit for gross proceeds of $6,000,000.
Further to its news release of August 23, 2024, Colibri Resource Corporation announces the extension of its non-brokered private placement of up to 9,000,000 units at a price of CDN$0.05 per Unit to raise gross proceeds of up to CDN$450,000.
Mexico Mining Center © 2021 / All Rights Reserved
