Pursuant to the Strategic Investment, Vizsla acquired (i) a right of first refusal to purchase the Palos Verdes project from Prismo, and (ii) 4,000,000 units of Prismo at a price of $0.50 per Prismo Unit, for aggregate consideration of $2,000,000.
Mike Struthers, CEO commented: “We have been very pleased with the progressive improvements in the pre-production plant performance at Tahuehueto, thanks largely to the team on site and helped by the mining of higher-grade ores from the Creston vein. Early pre-production was largely from stockpiled material, and some of this was partially oxidized which impacted on the plant performance.”
IMPACT Silver Corp. announces the completion its’ 2022 Royal Mines of Zacualpan area surface exploration drill program in central Mexico.
Jorge A. Ganoza, President and CEO, commented, “It is incomprehensible that we find ourselves again having to contest a controversial resolution issued by SEMARNAT. This specific authorization, one of the many under which San Jose operates, was confirmed by the Federal Court last November, with a ruling in our favor against SEMARNAT.”
Anthony Hawkshaw, CEO, commented, “I am pleased to report that gold production for Q4 2022 exceeded the 12,500 to 13,500 ounces anticipated and represented a 23% increase from Q3 2022 production of 11,169 ounces.”
“While Sun River has been diligently advancing the Tailings Project and have purchased the land required for the reprocessing operation there have been further delays to the granting of permits. Given the significant advance of Sun River’s work on the project, we have agreed to a further extension.”
Simon Dyakowski, President & CEO of Aztec, commented, “Aztec Minerals enjoyed a busy year in 2022, highlighted by the consolidation of 100% ownership interest in the Cervantes Project, following the discovery of additional significant near surface broad widths of oxide gold mineralization in our Phase 2 RC drilling program.”
“2022 was another year of significant advancements of the Los Ricos deposits, as we continue to aggressively grow resources and move towards development of GoGold’s first mine in the Los Ricos district. One of the major achievements in 2022 was the acquisition of the valuable Eagle concession,” said Brad Langille, President and CEO stated.
Zacatecas Silver Corp. is pleased to announce it has filed on SEDAR a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report with respect to the Esperanza Gold Project, Mexico.
“2022 was a challenging year for many resource companies,” stated Brodie Sutherland, CEO. “Amid the turbulent global markets, Tocvan is proud to have made 2022 one of its most productive years in terms of the advancement of both of our projects in Sonora and setting the Company up for a return of investor sentiment towards the precious metals.”
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