Capstone Copper Corp. announced that today there was a security incident near its Cozamin mine in Zacatecas, Mexico. An employee was shot and fatally wounded on the main access road between the city of Zacatecas and the mine.
Pantera Silver Corp. announces a non-brokered private placement of up to 3,400,000 Units at a price of $0.15 CAD per unit for gross proceeds of up to $510,000.00 CAD.
Wayne Corso, Santacruz’s COO stated, “During the third quarter we saw strong performance from the Zimapan and Bolivar mines, as well as our San Lucas trading Company. The Zimapan mine has continued to increase total ore production while maintaining head grade, whilst at our Bolivian operations, the Bolivar mine impacted total silver production with significantly increased production from lower levels of the high grade Pomabamba and Bolivar Norte veins.”
Payable gold production: 2,972 oz Au; Payable silver production: 11,907 oz Ag; Payable gold equivalent production: 3,103 AuEq oz; Average gold grade: 2.6 g/t Au.
Consolidated Zinc Limited is pleased to announce Industrias Penoles S.A. de C.V. has exercised its option to purchase 100% of the zinc concentrates produced by Minera Latin American Zinc SAPI de CV at Plomosas, for the period 1 January 2023 to 31 December 2023.
Thomas A. Doyle, President and CEO stated “This extension will give Alamos the time to understand the very complex geology of the Los Venados Project. I remain confident that Alamos, with their geological knowledge and infrastructure in the area, is best suited to further the exploration on the Los Venados Project.”
Barksdale Resources Corp. has finalized the extension of the maturity date of the secured convertible debentures administered by Delbrook Capital Advisors Inc. (see new release dated September 6, 2022) by one year until December 31, 2023.
Allen Palmiere, President and CEO said “Production at the Don David Gold Mine in Mexico remains on track to achieve guidance. The feasibility study continues to advance at the Back Forty Project in Michigan. In addition to the feasibility study work, we continue to focus on preparing State of Michigan permits and engaging with the community, including tribal leaders.”
“2022 represents our eighth year of continuous production at Parral, and we look forward to approximately seven more years of sustainable production as we strengthen our ESG programs through our tailings reprocessing and remediation in Mexico,” said Brad Langille, President and CEO.
“We delivered another quarter of solid operational results with gold production of 122,200 ounces, driven largely by excellent mill performance with throughput averaging more than 13,000 tonnes per day (“tpd”), record-setting gold recoveries of close to 90%, and sustained elevated underground mining rates at 1,550 tpd.”
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