Dan Dickson, Chief Executive Officer, stated “With a verified current resource of nearly 600 million ounces of silver, the 2022 Pitarrilla Report validates the merits of acquiring one of the world’s largest undeveloped silver deposits.”
“Hecla is honored to receive this important award,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “At each of our sites, Hecla is committed to the safety of our workforce, and mining practices which minimize the impact of our operations on the environment, and respect and support the communities where we live and work.”
Vizsla Silver Corp. is pleased to announce the results of the Company’s Annual General and Special Meeting of the Shareholders held in Vancouver, British Columbia on December 8, 2022.
Chairman & CEO, James Anderson said, “Ocean Partners has consistently demonstrated their resolute support for Guanajuato Silver and our vision to build the next mid-tier silver producer in Mexico. This debt facility will strengthen our balance sheet and provide us with additional flexibility as we continue to ramp up precious metals production at our four producing mines.”
Argonaut Gold Inc. announces that Larry Radford will step down as President and Chief Executive Officer effective immediately for personal health reasons. The Board of Directors has appointed Richard Young as President and CEO and Director of the Board of the Company.
First Majestic Silver Corp. is pleased to announce that it has entered into an Asset Purchase Agreement dated December 7, 2022 to sell its 100% owned past producing La Parrilla Silver Mine located in the state of Durango, Mexico to Golden Tag Resources Ltd. for total consideration of up to US$33.5 million.
Equinox Gold Corp. announces that it has sold an aggregate 11,000,000 common shares of Solaris Resources Inc. in the ordinary course for investment purposes through the facilities of the Toronto Stock Exchange through block trades for aggregate gross proceeds of C$70.4 million.
“Argonaut’s focus at this time is our cornerstone asset, the Magino mine in Ontario Canada that will transform the Company to a low-cost, intermediate producer. This agreement allows Argonaut to potentially unlock value in two non-core Mexican assets and provides Argonaut with a very attractive upside for its shareholders,” said Larry Radford, President and CEO of Argonaut Gold.
Heliostar CEO, Charles Funk, commented, “The acquisition of this portfolio transforms Heliostar into a mine development company. This is a significant milestone towards our ultimate transformation into a high-margin gold mining company.”
Prismo Metals Inc. is pleased to announce that the private placement announced earlier today of up to 5,800,000 units at a price of $0.52 per Unit, for maximum aggregate gross proceeds of up to $3,016,000 has been fully allocated.
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