Gold Resource Corporation reported 2024 year-end results: its Don David Gold Mine in Oaxaca faced lower production due to low-grade ore, equipment issues and a wet season, yielding 18,580 gold equivalent ounces sold with high costs. Cash fell to $1.6 M and working capital to $2.1 M. The company is planning mining and mill upgrades to boost output and cash flow.
Endeavour Silver Corp. is pleased to announce the completion of its prospectus offering announced on April 1, 2025 for the issuance of a total of 11,600,000 common shares at a price of US$3.88 per Common Share for aggregate gross proceeds of US$45,008,000.
Paul D. Gray, Luca VP Exploration, commented, “Luca has been able to execute an efficient underground drilling program at Campo Morado that represents the first stage the Company’s plan to realize the untapped mineral potential of the Campo Morado Mine and District. The Campo Morado deposit hosts additional mineral potential beyond the extent of its known resources.”
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