Angel Wing Metals Inc. is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders held on July 15, 2024.
“The Galena Complex had a terrific operating quarter with silver production at the highest level in over 10 years.” stated Americas President and CEO Darren Blasutti.
Proceeds of the Offering will be used to finance exploration activities at the Company’s properties in Arizona as well as for working capital and general corporate purposes.
GR Silver Mining Ltd. is pleased to announce that it has closed the transaction announced June 28, 2024 pursuant to which a private, arm’s-length Canadian company active in Mexico has acquired from the Company 100% of the issued and outstanding shares of Marlin Gold Mining Ltd.
Aztec Minerals Corp. is pleased to announce a non-brokered private placement financing of up to 8,333,334 units of the Company at a price of C$0.18 per Unit, for aggregate gross proceeds of up to C$1,500,000.
“Our second quarter production remained consistent with 616,571 silver equivalent ounces produced, up 5% over the second quarter of last year and tracking our production target for the year. We were able to start processing La Preciosa surface stockpile material through our mill with excellent recovery results, particularly silver, which exceeded our expectations.”
Chris Ritchie, President, commented, “In 2023 SilverCrest achieved remarkable milestones; eliminating our debt within the first seven months of commercial production, meeting our inaugural sales and cost guidance and introducing the inclusion of bullion amongst our treasury assets. However, some of our proudest accomplishments extend beyond financial success; through strategic partnerships and community engagement, we’ve continued our commitment to ESG, guided by a common sense approach that delivers value where it is needed most.”
“This transaction has significantly enhanced our exposure to rising gold prices on attractive terms, most notably in the near term. We expect our growing production and declining costs to drive significant free cash flow growth in the years ahead. With the majority of the Argonaut hedge book now eliminated, we are even better positioned to capitalize on the favourable outlook for gold,” said John A. McCluskey, President and Chief Executive Officer.
Mr. Tenesch has primarily worked as a consultant in the mining industry in the area of project development. He has served as Process Manager for both custom gravity and flotation mills where he has specialized in flotation optimization.
Golden Minerals Company announces that, pursuant to certain asset purchase and sale agreements, dated April 29, 2024 the Company has received payment in full of $2,500,000 cash, plus Value Added Tax for the Velardeña Mine and associated facilities and title has been transferred to a privately held Mexican company.
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