“The acquisition of ATAC reflects the continued execution of our strategy of acquiring significant land packages in highly prospective and tier one mining jurisdictions,” said Phillips S. Baker Jr., President and CEO.
“Following our transformative transaction with Yamana Gold Inc., which significantly increases the scale of our silver and gold operations in Latin America, we are pleased to join our industry peers on the NYSE,” said Michael Steinmann, President and CEO of Pan American.
“We are looking forward to be able to construct trenches across mineralized structures in our ongoing program for target generation, and to subsequently drill test the mineralized structures”.
“We believe gold and silver will begin a significant and sustained multi-year rally in 2023 and we are working to maximize our shareholders’ exposure to it by advancing our portfolio of potential tier one gold and silver projects. Our robust pipeline of district-scale projects offers investors a single company alternative to a basket of junior explorers,” stated Darrell Rader, President and CEO of Minaurum Gold.
Based on a preliminary analysis, the required adjustments are non-cash and primarily relate to the timing and recognition of net deferred tax assets at the 70%-owned LGJV. The Company believes that the net effect of these adjustments would decrease by approximately $4 to $6[1] million its reported net income of $18.3 million for the nine months ended September 30, 2022.
Oroco Resource Corp. is pleased to announce the grant of 450,000 incentive stock options to Richard Lock, CEO and Director of the Company.
Warren M. Rehn, Golden’s President and Chief Executive Officer, commented, “Recently improved and updated terms for the purchase of our gold-rich pyrite concentrates allow us to consider moving forward with the re-opening of the Velardeña Properties’ mines without the need to build the BIOX plant, as we had previously planned.”
“We are thrilled to have completed this transformative acquisition that provides IMPACT with production in a second mining district, bringing with it both production growth and exploration upside to the Company going forward. Plomosas is a unique and fully permitted operation built on a large mineral system with global tier one historic grades at 13%+ zinc providing exceptional potential to both upgrade and expand its current level of operations.”
Aloro Mining Corp. is pleased to announce that it has contracted Francisco A. Lopez as Project Geologist for the Quitovac Gold Mine Project (Quitovac) in Sonora, Mexico. Quitovac is located in the prolific Mojave-Sonora Megashear.
“The announcement today effectively removes a US$22 million overhang that has been with the Company since 2019,” stated Shawn Howarth, President and CEO.
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