Zacatecas Silver Corp. is pleased to announce a non-brokered private placement financing of 18,000,000 units at a price of $0.10 per Unit for total proceeds of $1,800,000.
Kevin Brewer, President and CEO noted “Our meetings in Vancouver went better than we had expected. We had a very high level of interest in this project and we are now very confident that we will be able to proceed with our plans for 2024. We expect to be able to soon release the exploration strategy that is focused on resource expansion.”
Paddy Nicol, Orogen’s CEO commented, “Orogen saw continued strong operating performance from First Majestic Silver Corp.’s Ermitaño mine and several significant advancements were made on AngloGold Ashanti NA’s Expanded Silicon project. At the Ermitaño mine, solid production and record metal recoveries were achieved in Q4-2023, with robust production guidance for 2024.”
Kootenay’s President & CEO, James McDonald states, “The updated resource estimate for La Cigarra is part of our strategy to prepare our 3 resource projects La Cigarra, Promontorio and La Negra for advancement in a bullish silver market while we remain focused on moving our high-grade silver project, Columba towards an MRE.”
“Peter’s appointment further strengthens Newmont’s Executive Leadership Team,” said Tom Palmer, Newmont President and CEO. “Peter brings decades of world-class legal and risk management experience at global organizations, which will be invaluable as Newmont continues to grow, building on its position as the world’s leading gold mining company and robust copper producer. We are excited to welcome him to Newmont.”
John MacKenzie, CEO of Capstone, commented, “The fourth quarter was our best of the year, with consolidated production up 10% and cash costs down approximately 7% quarter-over-quarter, setting us up well for a strong 2024.”
Tony Makuch, President and CEO, states: “2024 is expected to be a transformational year for the Company. Our Feasibility Study is nearing completion and is on track to be delivered later this quarter. The study will incorporate an additional 35,000 m of drilling that highlighted the potential to extend the mine life beyond the 18 years outlined in the Pre-Feasibility Study, as well as the results from recent metallurgical testwork that demonstrated higher silver payabilities and reduced reagent consumption.
N. Eric Fier, CEO, commented, “In our first full year of commercial production at Las Chispas, we exceeded the top end of our 2023 silver equivalent sales guidance. We thank our teams in Mexico and Canada for their outstanding efforts towards this achievement. In Q4, 2023 our underground mine continued the scheduled ramp-up, and slightly exceeded the planned rate for the quarter.”
2023 proved to be a pivotal year for Sierra Metals. With a new management team in place and armed with tremendous support from our Board of Directors, we developed and successfully implemented a strategy this year that not only stabilized all aspects of our business, but also put in place a foundation for long-term growth.
Guanajuato Silver Company Ltd. announces that because of a disclosure review by the British Columbia Securities Commission the Company will be providing updates to its National Instrument 43-101 reports.
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