Fresnillo continues to analyse the Reform in detail; however, at this stage, the Company does not believe it will have any material impact on its current operations or advance exploration projects.
MAG Silver Corp. announces the Company’s unaudited financial results for the three months ended March 31, 2023.
Zacatecas Silver Corp. is pleased to report that Esperanza Silver de Mexico, S.A. de C.V., a subsidiary of the Company, continues to build on its strategic alliance with the Tetlama community, the host community of the Esperanza Gold Project.
American Silver Corp. reported the voting results from its annual general and special meeting of shareholders held on May 10, 2023, in Vancouver, British Columbia.
Prime Mining Corp. is pleased to report its operating and financial results for the quarter ended March 31, 2023.
“The Company transitioned seamlessly into 2023 with another consistent operating quarter with strong cash margins,” said Jason Simpson, President and Chief Executive Officer of Orla. “We remain committed to all our stakeholders including our local communities and host governments.”
Osisko Development Corp. announces the results of its annual meeting of shareholders held on May 11, 2023.
Bear Creek Mining Corporation announces that Sandstorm Gold Ltd. has advanced Bear Creek an additional US$5 million pursuant to an amendment to the gold purchase agreement between the two parties originally dated December 17, 2022. Proceeds from the additional stream advance will be used to accelerate access to certain higher-grade areas of the Mercedes mine and for general working capital purposes.
N. Eric Fier, CEO, commented, “Marking another significant milestone for SilverCrest, Q1, 2023 was our first full quarter of production since Las Chispas was declared commercial in November 2022. We generated $19.3 million of net free cash flow allowing for accelerated debt prepayment of $25.0 million and a robust quarter end cash position of $45.8 million.”
The Company intends to use the net proceeds of the offering to further advance studies at the Esperanza Gold Project, exploration and drilling activities at the silver projects and general working capital purposes.
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