“the offer price undervalues the company, at a time when the company has reported improved production results highlighted by 3,600 tpd throughput rates at Yauricocha in Q4/24 QTD.”
Heliostar CEO, Charles Funk, commented “Heliostar has filed technical reports for three of its recently acquired Mexican projects. At La Colorada, we have restarted production this month with 2025 focused on the newly defined Junkyard Stockpile and then expanding to over 50,000 ounces of gold per year with the El Crestón expansion.”
Heliostar Metals Ltd. announced on January 13, 2025, the filing of NI 43-101 technical reports for its recently acquired Mexican assets: La Colorada and San Agustin mines, and San Antonio project (all effective November 30, 2024). Reports detail reserves, extended mine lives, and strong economics; available on SEDAR+ and company website.
Teck Resources Limited today announced the appointment of Colin Hamilton as Vice President, Market Research and Economic Analysis, effective February 17, 2025.
Infinitum Copper Corp. is pleased to announce the appointment of Mr. Steve R. McMullan to its board of directors and the resignation of Mr. Mahendra Naik as a director of the Company.
Alamos Gold reported record 2024 gold production of 567,000 oz (mid-point of increased guidance), up 7% YoY, with record revenue $1.3B and cash flow. Issued 2025-2027 guidance: production growth to 700,000 oz by 2027 (+24%), costs declining ~10% (AISC to $1,125-1,225/oz).
Capstone Copper Corp. today announced that Mr. Rick Coleman will be appointed to the Board of Directors of the Company effective January 15, 2025.
Mexus has signed a Non-Binding letter of Intent with a Non-Disclosure Agreement with Tierra Nueva Minera a company mining in Mexico. Its CEO Mr. Miguel Barahona has experience and knowledge needed to enable Mexus Santa Eleana to become a major gold producing mine. Mexus expects to have a decision from Tierra Nueva Minera by February of 2025.
“We are pleased that all the proposals passed successfully at our Annual Meeting of Stockholders,” stated Rohan Hazelton, President & CEO of DynaResource.
Barksdale Resources Corp. announces that it is seeking TSX Venture Exchange acceptance for an extension of the maturity date and a reduction of the conversion price of the aggregate $1,500,000 principal amount of the secured convertible debentures held by Delbrook Capital Advisors Inc. that were originally issued on January 25, 2022.
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