Relations with the community where the Company’s La Gitana project is located are being strengthened. Among the objectives of the Company’s dialogue is to explore the many ways the project can benefit the community.
In the first quarter of 2023, the San Jose Mine produced 1.3 million ounces of silver and 8,231 ounces of gold, slightly lower when compared to the equivalent period in 2022. Production results are aligned with the mining sequence and Mineral Reserves.
“We are proud to announce the exercise of the options to acquire La Joya from First Majestic. Our team has done an excellent job establishing a positive working relationship with the local communities and advancing the project, particularly when you consider we entered into this agreement during the height of Covid-19 restrictions,” said Mike Romanik, president of Silver Dollar.
Monumental Minerals Corp. announces that it has closed a non-brokered private placement for gross proceeds of $2,207,200, consisting of 12,612,571 units of the Company at a price of $0.175 per Unit.
Angel Wing Metals Inc. announces that pursuant to Company’s stock option plan, 1,500,000 stock options at an exercise price of $0.20 were granted to its incoming President & CEO, Mr. Marc Prefontaine.
“Having achieved producer status in late 2021, we have now successfully completed our first full year of precious metals production from our expanding portfolio of silver mines in central Mexico,” said James Anderson, Chairman and CEO.
“The year is off to a strong start. First quarter silver equivalent production increased by 18% compared to the same period last year, as Guanacevi’s elevated silver grades continue to drive increased silver production,” stated Dan Dickson, Chief Executive Officer.
Kootenay Silver Inc. is pleased to announce it has amended the terms for the Columba option agreement to allow for 50% of the April 2023 payment of US$430,000 plus 16% IVA to be paid in common shares of the Company.
The proceeds will be used for ongoing drilling on our flagship Dios Padre property, for property payments on other properties of the Company and for general working capital.
Teck and Agnico Eagle have entered into a joint venture shareholders agreement whereby Agnico Eagle, through a wholly-owned Mexican subsidiary, has agreed to subscribe for a 50% interest in Minas de San Nicolás, S.A.P.I. de C.V. (“MSN”) for US$580 million, to be contributed as study and development costs are incurred by MSN.
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