Madoro Metals Corp. is pleased to announce that the Company has successfully executed on a judgement awarded by the Supreme Court of British Columbia regarding several Mexican properties that Madoro had optioned.
“November results continue to reflect the operational changes the Company has been implementing at San Jose de Gracia, in particular strong underground mine development which increases the flexibility of our daily mine operations,” stated Rohan Hazelton, President & CEO DynaResource.
Defiance through its wholly owned subsidiary, Minera Santa Remy S.A., has, at the Vendor’s request, agreed to extend the term of its option to acquire 100% of the San Acacio property in the Zacatecas district.
The Amended Agreements, which are effective on January 1, 2025, expand Gatos Silver’s management rights within the LGJV which will result in the Company being able to fully consolidate the financial statements of the LGJV rather than accounting for its investment in the LGJV under the equity method of accounting as is currently required.
Xali Gold Corp. reports that, pursuant to the terms and conditions of its Omnibus Equity Incentive Plan, an aggregate of 4,100,000 stock options to purchase common shares of the Company have been granted to certain directors, officers and consultants of the Company. The options are exercisable for a period of five years at a price of $0.05 per share.
Sonoro Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 5,555,556 units at a price of C$0.09 per Unit, for gross proceeds of C$500,000.
James Anderson, Chairman and CEO, said, “The sizable expansion of total mineral resources at El Cubo, after several years of mining depletion, is a testament to the resilience and durability of the mines of Guanajuato. We believe that El Cubo will remain the centerpiece of our hub-and-spoke mining strategy for many years.”
Americas Gold and Silver Corporation is pleased to announce that the Company’s shareholders passed the following resolutions at the special meeting of the shareholders held on December 17, 2024.
Defiance Silver Corp. announces that, further to its news releases dated February 2, 2024, April 10, 2024 and November 29, 2024, relating to a continuous disclosure review of the Company by the British Columbia Securities Commission it has filed a new technical report on the Company’s Zacatecas Project in Mexico (which includes the San Acacio project).
“Following notification that the temporary suspension has been lifted by the Director General of Mines, all production and development activities at the Morelos Complex will resume, including open pit and underground mining, processing operations, and all activities associated with the Media Luna Project.”
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