James Anderson, Chairman & CEO of Guanajuato Silver, said, “We are delighted to have Danny Lee join us at what is a very important time for Guanajuato Silver, as we look to grow our operating presence within Mexico, and at the same time, successfully complete the current expansion at our four producing silver mines.”
Oroco Resource Corp. is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,000,000 through the issuance of up to 2,500,000 units at a price of $0.40 per Unit.
Chesapeake Gold Corp. is pleased to announce it has completed a vertical short-form amalgamation pursuant to the Business Corporations Act (British Columbia) effective January 1, 2024 with the Company’s wholly-owned subsidiary, American Gold Capital Corporation.
Aztec Minerals Corp. announces the appointment of Blaine Bailey as CFO and Priscilla Ikani as Controller.
Starcore International Mines Ltd. announces that with his term as President of Starcore expiring on December 31st, 2023, Mr. Pierre Alarie will be pursuing new ventures and will be resigning as President and a director of the Company.
Osisko Development Corp. announces today that Luc Lessard, Chief Operating Officer will be retiring from the Company at the end of 2023 to pursue other personal and professional commitments, namely as President and Chief Executive Officer of Falco Resources Ltd.
Ranchero Gold Corp. is pleased to announce that its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. has entered into a letter of intent dated December 22, 2023 with Minas de Oro Nacional, S.A. de C.V., a wholly-owned subsidiary of Alamos Gold Inc. for the proposed sale of Paika’s interest in four mineral licenses comprising an area of 5,390 hectares, which represents approximately 24% of the surface area of the Company’s Santa Daniela mineral property located in Sonora, Mexico, in consideration for the cash payment of US$2,550,000 and a conditional cash payment of US$2,500,000.
Frederick Davidson, CEO and President of the company, says, “As the year ends I want to thank all of our investors and stakeholders for their support in this financing. We look forward to a strong and expanded exploration program in 2024 as we ramp up operations.”
Silver Viper Minerals Corp. is pleased to announce that it has closed the first tranche of its $2 million private placement announced on December 18, 2023, issuing 5,324,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $532,400.
Despite these challenges, Mexico continues to have fundamental competitive advantages that make its mining industry attractive, including its vast mineral reserves, low operating costs, and an open business environment. These are keeping Mexico an attractive investment opportunity for foreign mining.
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