Sierra Metals Inc. announced today the departure of Mr. Ed Guimaraes, the Chief Financial Officer of the Company, and the appointment of Mr. José Fernández-Baca as Interim CFO.
“2022 was a defining year for Orla as we made the successful transition from developer to producer,” said Jason Simpson, President and Chief Executive Officer of Orla.
Chris Wright, Chairman & CEO, commented: “We want to thank Minera Tepal for their continued support and partnership as we advance the Tepal project. With approximately $10 million of cash in the bank, Defiance is well-funded and we plan on continuing to advance our projects in 2023, including exploration and definition drilling in Zacatecas.”
“Joe brings many years of experience in securities law, capital markets and the mining and exploration industry which we look forward to drawing upon as we advance our high-grade Columba discovery and resource projects.”
“With our strongest performance of the year coming in the fourth quarter, including record production, we met full year 2022 production guidance. We also expect to meet cost guidance with a significant decrease in costs in the second half of the year driven by the ramp up of low-cost production from La Yaqui Grande.”
“Our 2023 guidance marks our fourth consecutive year of production growth and a 25% increase from the mid-point of last year’s original forecast. Our ongoing operational success is a product of culture and values promoted throughout the Company for safe and sustainable operations, together with improved mineral quality at Guanaceví,” stated Dan Dickson, Endeavour’s CEO.
Tony Makuch, Interim CEO, states: “We expect 2023 to be a pivotal year for the Company. Our Pre-Feasibility Study is on track for completion later this month and is expected to position Cordero as one of the largest silver development projects globally.”
“We delivered an outstanding year operationally in 2022, surpassing production guidance and achieving record gold production of 474,000 ounces. Our excellent operational performance this year included record annual throughput in the mill of 12,600 tonnes per day (“tpd”) and record annual contribution from the ELG Underground. The results we achieved in 2022 are a direct result of the ongoing hard work, adherence to disciplined systems and processes, and dedication of our team to deliver safe and reliable production on each and every shift.”
Santacruz Silver Mining Ltd. is pleased to announce the appointment of Mr. Gregg Orr, as the new Chief Financial Officer and Corporate Secretary of the Company effective January 9, 2023.
In 2023, Riverside Resources plans to take advantage of its strong balance sheet and sound portfolio of JV-ready projects. Furthermore, the royalty portfolio growth of the past 12 months puts Riverside in a unique valuable position heading into this year.
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