“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.”
Almadex has dropped several of its legacy projects in Mexico including Yago and Lajas where exploration progress is challenged by numerous impediments to timely progress.
During the second quarter of 2023, the Camino Rojo Oxide Mine produced and sold 29,058 and 29,773 ounces of gold, respectively. Camino Rojo continues to perform according to plan, and the Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces.
The higher year-over-year gold production is primarily due to the start of production at the Séguéla Mine which offset lower gold and silver production from the San Jose Mine, which was impacted by a 15-day illegal union worker blockade
The Company intends to use the net proceeds of the Offering to continue the exploration and development work on its Ana Paula Project in Guerrero, Mexico, as well as general corporate working capital purposes.
GR Silver Mining Ltd. announces that it proposes to undertake a non-brokered private placement of units at a purchase price of $0.075 per Unit, to raise total gross proceeds of up to $1 million.
Dale Andres, CEO of Gatos Silver, commented: “The CLG mine continues to perform very well with another record for mill throughput rate during the quarter, supported by further mine debottlenecking and plant optimization efforts. We remain on track to achieve 2023 production guidance at CLG and to provide an updated mineral resource and reserve estimate before the end of the third quarter of this year, including a new life of mine plan.”
The Company has accepted the resignation of Mr. Gino DeMichele for personal reasons from its Board of Directors. Mr. DeMichele has been a director of the Company and its predecessor company since April 2017, providing highly valuable guidance and support over the many years. GR Silver Mining welcomes the addition of two new directors to its Board of Directors, Mr. Fernando Berdegué de Cima and Mr. Trevor Woolfe.
Monumental Minerals Corp. is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, were approved by the requisite majority of votes cast at the annual general and special meeting of shareholders held on July 7, 2023.
Auxico Resources Canada Inc. announces that it granted 2,700,000 stock options to officers, directors and consultants to the Company.
Mexico Mining Center © 2021 / All Rights Reserved
