Golden Minerals Company has reported production figures from its Rodeo gold-silver mine (Durango State, Mexico) for the three months ending March 31, 2023.
“With official Board approval now in hand, the path is cleared to advance construction of the Terronera Project, which will be Endeavour’s next producing mine,” said Dan Dickson, Endeavour’s CEO.
Gatos Silver, Inc. today announced that it intends to delay the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 as well as its restatements of previously issued financial statements of the Company and of the 70%-owned Los Gatos Joint Venture for the year ended December 31, 2021 and the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022.
Riverside’s President and CEO, John-Mark Staude: “We are delighted that James has joined our diverse Riverside Resources Board of Directors. He is a strong representative of our European shareholders, which corresponds to over 40% of our shareholder base.”
Silver Viper Minerals Corp. is pleased to announce that, due to strong demand from prospective subscribers, the Company has upsized its previously announced non-brokered private placement to up to 33,000,000 units of the Company at a price of $0.10 per Unit to raise aggregate gross proceeds of up to approximately $3,300,000.
Eric Caba, President and COO of Bear Creek states, “We are pleased that Q1 2023 production from Mercedes is in alignment with our guidance for the quarter. Our foundational work, stemming from the Mercedes improvement program that concluded in January 2023, has prepared the Mercedes mine for improved production and efficient development and cost controls are being prioritized.”
“The Company had a strong operational start to the year, despite a 17-day operating shutdown in Mexico in February,” stated Americas President and CEO Darren Blasutti.
“The first quarter results are aligned with our 2023 production guidance, which anticipates higher silver output in the first half of 2023 compared with the second half of 2023, due to planned grade reductions. Our priorities continue to focus on mine debottlenecking and plant optimization. We are also focused on advancing mine life extension opportunities including accelerating definition drilling on the mineralization recently discovered at depth in the new South-East Deeps zone, and continuing exploration of the extensive land package in the highly prospective Los Gatos district.”
Excellon Resources Inc. is pleased to announce a non-brokered private placement of up to 28,571,428 subscription receipts of the Company at a price of C$0.35 per Subscription Receipt for aggregate gross proceeds to the Company of up to approximately C$10,000,000.
“The initiation of the environmental permitting process at Cerro de Oro marks the culmination of a tremendous amount of work completed by the Minera team and our external consultants. We are thrilled to be moving down the path to bring a new gold mine to the State of Zacatecas, supporting the local economy and local stakeholders who have been extremely supportive since the Company acquired the Cerro de Oro project in the fall of 2020” stated Doug Ramshaw, President.
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