Vortex Metals Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $1,000,000 comprising of 12,500,000 units at a price of $0.08 per Unit.
Ranchero Gold Corp. is pleased to announce that, further to its press release dated November 15, 2024, it has completed its debt settlement with William Pincus, a former Chief Executive Officer of the Company, by issuing 1,136,666 common shares of the Company at a deemed issue price of Cdn$0.06 per Share and issuing 330,769 Shares at a deemed issue price of Cdn$0.090697 per Share to the Creditor in respect of past services provided by the Creditor.
Aura Minerals reported Q4 2024 preliminary production of 66,473 gold equivalent ounces (GEO), with Almas hitting a quarterly record and Minosa exceeding its annual guidance. Total 2024 production reached 267,232 GEO, meeting the upper end of its guidance range and marking year-over-year growth despite lower output at Apoena.
Mithril Silver and Gold Limited (ASX:MTH, TSXV:MSG) engages Daniel Kunz & Associates (DKA) for technical support at Copalquin, Mexico. Led by Daniel Kunz (ex-Ivanhoe Mines, Prime Mining), DKA will aid geology review, modeling, and resource estimation for expanded 35,000m 2025 drilling. Compensation: 735,000 options.
Dale Andres, CEO of Gatos Silver, commented: “The CLG mine delivered another excellent quarter of production to end another very strong year in 2024. We achieved our eighth consecutive quarterly record for mill throughput in the fourth quarter of 2024, with an average throughput rate of above 3,300 tonnes per day, which is 33% above the original design capacity.”
Pinnacle Silver and Gold Corp. reminded shareholders of its virtual Annual General Meeting on January 10, 2025, at 11:00am. Agenda: receive 2024 financials, set directors at four, elect directors, appoint auditor, ratify rolling stock option plan. Relying on exemption from sending proxy materials; documents on SEDAR+ and website.
Sierra Madre Gold & Silver announced that full commercial production has started at its 100%-owned Guitarra Mine Complex in Estado de México, Mexico, effective January 1, 2025. The processing plant and underground operations have been running at ~500 t/day, with increasing concentrate shipments, inventories, and revenue — enabling future reporting of production, cost, and profit data.
Greg McKenzie, President and CEO, commented: “The C460 Zone drill results reported today are indicative of the importance of this zone in a restart of operations. Hole Q-24-057 returned 696 g/t Ag.Eq over 2.02 m approximately 138 m below the 1767 EL stope, combined with previously reported holes Q-23-020 grading 1,810 g/t Ag.Eq over 14.6 m and Q-23-022A grading 911 g/t Ag.Eq over 13.05 m, also beneath the 1767 EL stope, demonstrate the high-grade potential of this undeveloped 138 m section of the southern C460 Zone.”
Osisko Development Corp. is pleased to announce the appointment of David Rouleau as Vice President, Project Development.
“After operating at reduced capacity due to the Guanaceví trunnion failure in August, and subsequently resuming full capacity in December, we are satisfied with our production performance in Q4 and producing at the top range of our updated production guidance,” said Dan Dickson, Chief Executive Officer.
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