The company recently announced the filing of a Preliminary Economic Assessment (PEA) for the Cerro Caliche Project in Mexico, and Long explains that unlike the conventional journey from a PEA to a PFS, followed by a DFS, Sonoro is swiftly advancing from the PEA straight to production.This exceptional move he attributes to the low estimated capital expenditure ($15.5mln) for building the oxide project, and says the strategic decision aims at getting swiftly into production and creating a self-financing mechanism for its regional exploration.Although a relatively small operation, this venture is forecasted to yield around 33,000 ounces of gold equivalent over a nine-year span, translating to roughly $60 million in revenue and an annual operating cash flow of $17 million.
Kootenay Silver CEO Jim McDonald provided significant updates on the company's ongoing drilling program at the Columba Silver Project in Chihuahua, Mexico, during an interview with Steve Darling from Proactive.
McDonald discussed the importance of the drill holes, which are part of a 12-to-15-hole campaign designed to extend known mineralization on the "D-Vein" target area at Columba. These holes are crucial as they increase the volume of mineralization in the D Vein shoot with impressive grades and widths.
One highlight from the drilling program is hole CDH-23-138, which revealed 13.56 meters core-length averaging 599 gpt silver, 0.5% lead, and 1.2% zinc from 182.94 meters downhole. These results support the working thesis along the D Vein and provide valuable evidence as the company progresses toward establishing a maiden resource for the project in late 2024.
Alamos Gold Inc (TSX:AGI, NYSE:AGI) President and CEO John McCluskey visits the Proactive London studio to speak with Thomas Warner on the occasion of the gold producer's twentieth anniversary.McCluskey gives an overview of how the business transformed itself from what he describes as a small Canadian penny stock to being a significant north American gold producer, starting with the securing of an option to purchase a major asset when gold was priced around $300 an ounce.Today, with gold at approximately $1,850 an ounce, the company can boast of annual production of over 450,000 ounces of gold, generating more than $821mln in revenue during 2022.
The interview was recorded at the 23rd Investment Conference (2023) by CM-Equity at the Hotel Vier Jahreszeiten Kempinski München (Munich, Germany).
At this yearly event, the company presents parts of its investment portfolio to its European investor base. The event is invite-only and was attended by more than 120 sophisticated #investors .
In a special CrashLabs edition from Beaver Creek, we're joined by a panel of distinguished experts. Dr. Peter Megaw, an advisor to Prismo Metals, is best known for his Juanicipio silver deposit discovery and brings over 35 years of experience in exploring silver and gold in Mexico. Michael Gray brings a sharp analytical and geological eye as a partner and equity research analyst at Agentis Capital. Completing the trio is Michael Konnert, the dynamic President & CEO of Vizsla Silver, who has a proven track record in consolidating and developing high-grade silver and gold districts in Mexico.
Our Executive Chairman Alain Lambert highlights our partnership with Vizsla Silver on Stockpulse! Discover how we're working together to advance the Panuco District.
New Area Totals 2,172.7 ha Across Three Title Blocks Adjacent to Pilar Gold - Silver Project• Due Diligence Complete on Pilar Expansion
• High Priority Target Areas with Historic Workings and Silicified Breccias Identified
• Assay Results Pending from Surface Sampling
• Video: Tocvan Expansion Update and Targets
The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The 7,189.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.
Crescat Capital Portfolio Manager, Kevin Smith, Macro Strategiest, Tavi Costa, and Geologic and Technical Director, Quinton Hennigh, PhD are participants at this year's Precious Metals Summit Conference located in Beaver Creek, CO. While on-site the Crescat team interviews various junior mining teams to help tell their unique stories opportunity.
