Valterra Resource Corporation reports that it will change its name to “Nickelex Resource Corporation” pursuant to a resolution passed by directors on August 28, 2023.
Fred Davidson, President & CEO stated: “The graduation of the Company’s shares to the OTCQB not only points to the strong corporate profile of IMPACT Silver but is also timely as the Company embarks on the final steps of the transformational refurbishment of the recently acquired high-grade zinc mine at Plomosas, representing a significant growth step to complement our existing producing silver assets at the Royal Mines of Zacualpan.”
“These new appointments will allow Newmont to safely and efficiently make decisions to deliver the integration of Newcrest and ensure long-term world-class leadership across the larger business. Our future expanded portfolio will require strong and experienced leadership to support and care for our people, neighbors, stakeholders, and assets for years to come.”
Azucar Minerals Ltd. reports that, further to its press release of June 2, 2023, it has received notification from the First District Court of Veracruz that its Mexican subsidiary, Minera Alondra has been named in a lawsuit relating to twenty-four mineral concessions in Veracruz, Mexico, some of which are held by Alondra.
The Nomad Gold Stream has now been fully completed and no further quarterly gold payments are due in respect thereof. As a result, over 300 additional ounces of gold produced at Mercedes per month will now be fully available for sale by the Company.
Eric Caba, President and CEO of Bear Creek, states, “The Restructuring Agreement is a major milestone for Bear Creek. Together with our recent agreement with Equinox Gold to refinance the Mercedes Deferred Payment, we have removed all near-term debt maturities through September 2028. This greatly improves Mercedes’ ability to re-invest in the long-term success of the mine via the exploration potential that we see at Mercedes and return our focus to the advancement of the Company’s Corani project in Peru, our cornerstone asset.
“Once complete, the combined business will be unlike any gold and copper mining investment available in the markets today. Newmont and Newcrest shareholders will own a world-class portfolio of gold and copper assets featuring 10 large, long-life, low cost Tier 1 operations representing more than half of the world’s Tier 1 gold mines.”
The following officers were reappointed subsequent to the annual general meeting: Lawrence Page, K.C. as President, Robert Macdonald as Vice President, Exploration, Killian Ruby as Chief Financial Officer, and Arie Page as Corporate Secretary.
Bruce Bragagnolo, Regency Silver’s Executive Chairman stated, “We are pleased to complete the first tranche of this private placement and thank our existing shareholders and new shareholders for their strong support.”
James Anderson, Chairman and CEO, said, “The significant increase in the San Ignacio mineral resource across all categories can be attributed to the exceptional work on the part of our Mexican exploration teams; their efforts over the past year have expanded our understanding of the mineralized systems in place at San Ignacio while returning consistently high-grade results, some of which are highlighted below, that have led to an increase of 130% in the measured & indicated category and 283% in the inferred category.”
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