“We are very encouraged with the high-grade exploration results that have been achieved to date,” stated Keith Neumeyer, President & CEO of First Majestic. “The recent drilling has accomplished multiple goals from confirming new geologically prospective areas to achieving strong intercepts for Resource to Reserve conversion.”
Newmont Corporation today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited under Canadian competition law.
Galore Resources Inc. provides an update to the current activities at Galore’s 100% owned Duraznillo Ranch, Los Gemlos and Duende 7 claims.
At the outset, we undertook a comprehensive review of our assets in Mexico and all commercial arrangements the Company had entered into. We cancelled all engagements and methodically managed the risk associated with that decision. All remaining officers and directors associated with Silver One Resources Inc. stepped aside and Scott Margach and Gary Prihar were added as Independent Directors.
James Anderson, Chairman & CEO, said, “We are proud to announce our sixth consecutive quarter of increased precious metals production; we expect this trend to continue as we head into the second half of the year. During Q1 and Q2, we have implemented a number of efficiency upgrades that are now poised to generate significant improvements to production grades and volumes, as we look to optimize mine production at all four of our producing silver mines. Furthermore, we continue to pursue additional opportunities to grow our production portfolio as we move towards becoming Mexico’s next mid-tier silver producer.”
Bruce Bragagnolo, Executive Chairman of Regency Silver states, “We recently reported a new gold copper discovery downdip from the historic past-producing high-grade Dios Padre silver mine including 29.4m of 6.32 g/t gold which was ~25m downdip from the discovery hole which returned 35.8m of 6.84 g/t gold. These are some of the best drill gold intercepts recently reported out of Mexico and we will work with Kin to increase awareness of this high-grade discovery and its potential.”
Jody Kuzenko, President & CEO of Torex, stated: “With production on track to achieve full year guidance, development of Media Luna tracking to schedule and budget, a strong balance sheet with robust liquidity, and ongoing exploration success, we continue to make significant progress on the execution of our strategic plan, which we fully expect will translate into long-term value creation for our shareholders.”
Colibri Resource Corporation announces that all matters submitted to shareholders for approval, as set out in the Company’s “Notice and Management Proxy Circular” dated June 6th, 2023 were approved by the requisite majority of votes cast at its Annual General and Special Meeting held on July 7th, 2023.
“During the quarter at Parral, we continued with our planned reprocessing of old pad material which resulted in further metal extraction plus reclamation of new pad space which has the benefit of delaying further pad capital expenditure. In addition, we have been working on further optimization of the SART process to generate an additional saleable metal (zinc) and more importantly, the regeneration and recycling of more cyanide which has the benefit of reducing the volume of fresh cyanide required for purchase.”
“The recently purchased claim is a strategic addition to the company’s claim group at San Javier and provides Canuc with comprehensive coverage of an area surrounding the largest magnetic-high anomaly detected during the company’s magnetic survey of 2021.”
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