Akiba Leisman, Chief Executive Officer of Mako states that, “Q1 2024 was another highly profitable quarter for the Company, with recovered gold equivalent of over 10,000 ounces at industry leading AISC. The mine reported quarterly record throughput rates, which was achieved as we positively reconcile to the resource model, bringing in significantly more tonnes of mineralized material to the mine plan.”
Dan Dickson, Chief Executive Officer stated, “Reaching the halfway mark in our construction schedule is a testament to the hard work and dedication of our team. With commissioning expected in Q4 2024, Terronera will bring tremendous potential to our company’s future, as we grow and expand our operations through responsible practices.”
Silver Bull Resources, Inc. is pleased to announce the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 18, 2024.
Vortex Metals Inc. is pleased to announce that it has applied for TSX Venture Exchange approval to increase the size of its previously announced private placement financing to 19,444,444 units at $0.09 per Unit for aggregate gross proceeds of up to $1,750,000.
“Francois is a strong leader with deep technical experience and a demonstrable track record of improving operating performance. His appointment will further strengthen Newmont’s Executive Leadership Team, adding valuable technological expertise which will be central to our ongoing success as a business,” said Tom Palmer, Newmont President, and CEO.
The updated technical reports cover the Valenciana, San Ignacio, Topia and El Cubo mine assets; importantly, other than as a result of normal depletion from mining activity, none of the previously stated mineral resource estimates have changed.
Reyna Silver Corp. is pleased to announce a non-brokered listed issuer financing exemption (LIFE) private placement of up to 6,250,000 units of the Company at a price of $0.16 per Unit for gross proceeds of up to $1,000,000.
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a best efforts, private placement for gross proceeds of up to C$6,000,000 from the sale of up to 24,000,000 units of the Company at a price of C$0.25 per Unit.
“Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future,” said Newmont Chief Safety and Sustainability Officer Suzy Retallack.
Ernesto Balarezo, CEO of Sierra Metals, commented, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after receipt of the permit to mine below the 1120 level on February 21, 2024, we have already initiated the development activities.”
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