Bear Creek Mining Corporation reported its 2024 financial results, producing 40,220 oz gold and 217,676 oz silver at Mercedes Mine. Revenue was $103.7M, but a $27.2M impairment charge led to a $66.8M net loss. The company restructured debt with Sandstorm, raised $10M, and initiated a strategic review to enhance shareholder value. Cash costs were $1,471/oz, AISC $1,888/oz.
Regency Silver Corp. reports today that effective immediately, Bruce Bragagnolo has been appointed the Chief Executive Officer of the Company.
Pinnacle Silver and Gold Corp. is advancing its El Potrero property in Durango, Mexico, with Phase I fieldwork underway. Surface mapping extended the vein system 1,100 meters, and 132 samples were submitted for analysis. Underground mine cleaning and sampling are complete, access roads cleared, and plant cleanup nearly finished. Community relations are positive, and a LiDAR survey is planned.
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