Day: March 7, 2025

Candelaria Announces Resolution of Loan Facility Enforcement

Hector Gonzalez, CEO of Candelaria commented: “This resolution allows Candelaria to strengthen its financial position and focus on future strategic opportunities while eliminating the financial obligations associated with the medium-term loan facility with Goldgroup”.

Apollo Files N.I. 43-101 Technical Report for the Cinco de Mayo Project, Chihuahua State, Mexico

Apollo Silver Corp. is pleased to announce that it has filed an independent National Instrument 43-101 – Standards of Disclosure for Mineral Projects Technical Report titled “NI 43-101 Technical Report Cinco de Mayo Project, Chihuahua State, Mexico” with an effective date of February 28, 2025 in connection with its previously announced earn-in and option agreement with MAG Silver Corp. and its subsidiary, Minera Pozo Seco, S.A. de C.V. with respect to the 29 concessions totalling 25,113.2049 ha located in the Municipio de Buenaventura comprising the Cinco de Mayo Project.

Goldgroup Announces Acquisition of Pinos Project

Goldgroup Mining Inc. announces that, further to the news releases disseminated by the Company on August 14, 2024 and January 16, 2025, the Company has entered into an Agreement to Suspend Enforcement Proceedings dated March 6, 2025 with Candelaria Mining Corporation with respect to the Loan Facility described in the August 14th News Release and January 15th News Release after delivering notice of enforcement of the Company’s rights under the Loan Facility to CMC on August 14, 2024.

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