2023 proved to be a pivotal year for Sierra Metals. With a new management team in place and armed with tremendous support from our Board of Directors, we developed and successfully implemented a strategy this year that not only stabilized all aspects of our business, but also put in place a foundation for long-term growth.
Guanajuato Silver Company Ltd. announces that because of a disclosure review by the British Columbia Securities Commission the Company will be providing updates to its National Instrument 43-101 reports.
Eric Caba, President and CEO of Bear Creek, states, “The Restructuring Agreement is a significant part of our strategy to improve the impact of Mercedes on Bear Creek’s financial condition and, by extension, its value to shareholders.”
“We are delighted with the strength and coherence of the anomaly ExploreTech has modeled in the part of Guigui where we’ve been homing in on the source intrusion for the Santa Eulalia District, and we really look forward to drilling their optimized hole,” said Jorge Ramiro Monroy CEO of Reyna Silver.
Goldgroup Mining Inc. has received a letter from the Continued Listing Committee of the Toronto Stock Exchange stating that the Committee has determined to delist the Company’s common shares effective at the close of market on February 16, 2024 for failing to meet the continued listing requirements of the TSX.
Luca Mining Corp. is pleased to announce it has received conditional TSX Venture Exchange approval and closed a debt restructuring and debt transaction previously announced by news release dated December 6, 2023.
“We are very pleased to officially inaugurate our new screening media factory in Irapuato. This milestone is yet another indication of our deep commitment to customer success. The Irapuato region is an important centre of excellence for high-quality products for our mining and aggregates customers. All of our factories are modern and focused on safety, employee wellbeing, and continuous development,” said Alfredo Monreal, Vice President, Sales and Service, Mexico and Central America, Metso.
Ian McGavney, Colibri’s President & CEO states, “The drill program will test several of our highest priority targets on the Plomo (San Perfecto, Pavo Real, and Banco de Oro) and also further test the West Sahuaro target area on the Evelyn claim, where the Company recently announced the discovery of a zone which exhibited the most continuous and highest grade gold mineralization intersected to date at the EP Project.”
“Our 2023 near-mine exploration validated near-surface oxide gold in the Layback Area and uncovered oxide expansion potential near the edge of the Camino Rojo Oxide Mine. The positive results from our near-mine oxide drilling program highlight the opportunity to replace a portion of the depleted ounces at the mine by incorporating incremental near-mine oxide material. These positive results pave the way for the 2024 near-mine drill program.”
Ranchero Gold Corp. is pleased to announce that further to its press release of December 27, 2023, its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. has entered into a definitive agreement dated January 17, 2024 with Minas de Oro Nacional, S.A. de C.V., a wholly-owned subsidiary of Alamos Gold Inc., for the sale of Paika’s interest in four mineral licenses comprising an area of 5,390 hectares of the Company’s Santa Daniela mineral property located in Sonora, Mexico.
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