Author: Josue Gomez

Hecla Mining Company today announced its intention to offer, subject to market and other conditions, $475 million aggregate principal amount of its senior notes due 2028.

During the year, the Company plans to spend $1.5 million drilling 11,500 metres at the Avino mine property and will target the areas of Avino, Avino West, the Santiago Vein and La Potosina.

Minera Alamos Inc. announces that is has disposed of 3,360,000 common shares in the capital of Prime Mining Corp. for gross proceeds of $1,213,000.

San Marco Resources Inc. announces subscriptions for a further $68,050 in its over-subscribed non-brokered private placement to raise C$ 500,000. It has now received subscriptions totalling C$ 784,849.91 and that it has closed the subscription book.

Gold Resource Corporation announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Thursday, May 21, 2020 at Embassy Suites located at 10250 East Costilla Avenue, Centennial, CO 80112.

“I am honoured for the opportunity to expand on my role with Teck’s board of directors with this appointment as Chair,” said Ms. Murray. “I look forward to building on Teck’s strong track record as a responsible company, supplying materials necessary for the modern world.”

Consolidated Zinc Limited advises that its 100% owned Mexican subsidiary, Minera Latin American Zinc S.A.P.I de C.V. has succeeded in legal action to end the intimidation and excessive actions of Caminos y Construcciones Ganti S.A. de C.V.

Igor Gonzales commented, “This settlement is part of a corporate strategy to reduce the risk profile of Sierra Metals in a cost-effective way. As we had consistently disclosed in our financial statements, we believe that the Polo y Ron claim was without merit and Sierra Metals vigorously defended its position by applying the proper legal resources necessary.”

Proceeds of the private placement will be used for funding exploration of the Buck property and working capital.