Heliostar CEO, Charles Funk commented, “Heliostar is now the owner of the Ana Paula Gold deposit, a 1.4-million-ounce resource (M&I) with a PFS and permits for open pit mining. The transaction has added advanced gold ounces to our company for significantly less than the cost to drill, define and permit them.”
Kenneth MacLeod, President and CEO, commented, “This is an important milestone in Cerro Caliche’s development. With only 30% of the property’s known mineralized zones drilled and assayed to date, the report once again highlights the intrinsic value of the project.”
“Tookie was a mining legend who brought remarkable passion, experience, and humour to every project he chose to pursue. His guidance, vision, and commitment to the success and growth of the Company will be greatly missed” stated Sharyn Alexander, Sun Summit’s President.
Michael W. Scherb, Founder and CEO of Appian, commented: “Douglas is a fantastic addition to the Appian team and his appointment underscores our ambitious expansion plans in Mexico.”
Alamos Gold Inc. today announced that it has filed a technical report for its Mulatos Property, located in Sonora, Mexico.
Sean Roosen, Chairman and CEO, commented, “2022 was a transformational year for the company with the addition of another cornerstone asset, the Tintic Project, to our portfolio of advanced stage brownfield projects in top-tier mining jurisdictions, facilitated by strong shareholder support in our financing efforts.”
The Additional Tranche was comprised of 7,227,984 units of the Company issued at a price of $0.10 per Unit for aggregate gross proceeds of $722,798.
Golden Minerals Company announced today that it has filed a NI 43-101 Technical Report on an initial Mineral Resource estimate for its Yoquivo project.
At the Rodeo mine, 2022 payable production was 11,982 ounces gold in doré and 52,179 oz. silver, with average realized sales prices of $1,805/oz. gold and $21.93/oz. silver.
Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance Fund I-A LP jointly announce that they have entered into an agreement with a syndicate of underwriters led by National Bank Financial and Scotiabank under which the Underwriters have agreed to purchase, on a bought deal basis from the Selling Shareholders, 50,000,000 common shares of Capstone at a price of C$5.70 per Common Share for gross proceeds to Orion of approximately C$285,000,000.
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