MAG Silver Reports Fourth Quarter Production From Juanicipio
For the year ended December 31, 2022, a total of 646,148 tonnes of mineralized material were processed at an average silver head grade of 520 g/t.
For the year ended December 31, 2022, a total of 646,148 tonnes of mineralized material were processed at an average silver head grade of 520 g/t.
“Fresnillo reports a solid operating result in the fourth quarter, with full year production in line with our guidance. In particular silver output was driven by a strong performance from our Fresnillo mine which is showing consistent improvement and the continued contribution of our new Juanicipio project offsetting the expected lower grades at San Julián.”
“2022 was a pivotal year for the growth of Avino” said David Wolfin, President and CEO. “We were thrilled to close the acquisition of La Preciosa in March, which factors prominently into our growth plan to become an intermediate producer.”
Tony Makuch, CEO, states: “We are extremely pleased with the results from our Pre-Feasibility Study. The PFS positions Cordero uniquely in the silver developer space with a long mine life of 18 years and production averaging over 35 Moz AgEq in the first 12 years of the mine life.”
Discovery Silver Corp. is pleased to announce that Tony Makuch has been appointed Chief Executive Officer effective immediately. Mr. Makuch had been the Interim CEO of the Company since June 2022.
As announced on December 8, 2022, the Company previously issued 1,673,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $334,600 under the Offering.
“The Company reached a new annual production record of 31.3 million AgEq ounces in 2022 primarily due to the significant increase in production from the Ermitaño mine at Santa Elena,” said Keith Neumeyer, President & CEO.
The Technical Report summarizes the mineral resource estimate for La Negra and the results of the preliminary economic assessment in respect of La Negra that concluded there was adequate detail and information to support a positive economic outcome and recommended restart of La Negra.
Rick Trotman, President and CEO of Barksdale stated, “We are extremely grateful for our strong shareholder support in 2022 and we look forward to maintaining this traction and delivering value throughout 2023.”
“We are delighted that Larry has agreed to join GR Silver as an independent director,” stated Eric Zaunscherb, CEO and Chair of the Board. “Larry’s extensive experience as CFO of MAG Silver is directly applicable as GR Silver advances and de-risks the Plomosas Silver Project in Sinaloa, Mexico.
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