Category: Investor’s Corner

Orex’s President & CEO, Ben Whiting, P.Geo., said; “Positive engagement with the local community is an important part of our ongoing commitment to social responsibilities. Money provided this way will go directly to the needs of the local community.”

“With the extension of the MIA, Alamos becomes the only recent silver discovery in Mexico that is fully permitted through construction,” stated Darrell Rader, President and CEO. “It is a testament to our Mexican partners’ foresight that the mining permit was secured during the project’s inception, and puts us in a highly advantageous position as we continue to define silver resources.”

James Anderson, Chairman and CEO, said, “Guanajuato Silver has grown significantly over the past two years through a strategy of acquiring older mines in the Guanajuato Mining Camp and the State of Durango, and bringing them efficiently back into production. Because of the nature and swiftness of these acquisitions, most of the mineralized material at these mines were categorized as historical resource estimates. As previously announced, we have initiated a program to upgrade our existing resources and historical estimates to current resources.”

“Se concede la suspensión provisional, para el efecto de que no se le aplique ninguna de las disposiciones del decreto por el que se reforman, adicionan y derogan diversas disposiciones de la Ley Minera, Ley de Aguas Nacionales, Ley General del Equilibrio Ecológico y la Protección al Ambiente y Ley General para la Prevención y Gestión Integral de los Residuos, en materia de concesiones para minería y agua”.

Grupo México, propiedad del empresario Germán Larrea, señaló que el levantamiento de la huelga en la mina San Martín, ubicada en Sombrerete, Zacatecas, fue decisión de los trabajadores.

Un juez federal otorgó a la empresa Cobre del Mayo la primera suspensión provisional contra todos los efectos de la Ley Minera, aprobada por el Congreso de la Unión a finales de abril. El 28 de junio se determinará si le concede a la compañía la suspensión definitiva.

“I am pleased with the re-election of Directors and look forward to continuing to work with each of them. We have now completed a process that has been ongoing over the past three years to refresh, strengthen, and diversify the competencies and skills of our Board, and I have every confidence that we have the right group of individuals in place to provide the level of governance required to take Torex to the next level.”

“We are putting the final touches on our Environmental Impact Statement, a significant step in the permitting process for Cordero and the culmination of detailed social and environmental assessment work completed by the Company. Our Feasibility Study work is well advanced and remains on schedule for completion in 1H 2024. Recent drill results highlight the potential to further grow reserves within and on the margins of the open pit. We also remain focused on optimization opportunities within the study including potentially reducing reagent costs, achieving higher recoveries and lowering mining costs through adopting larger benches and bigger mining equipment.”

Prismo Metals Inc. is pleased to announce the results of the annual general meeting of the Company’s shareholders held in virtual format on Tuesday, June 20, 2023.

Sonoro Gold Corp. is pleased to announce that it has closed the first tranche of its previously announced C$3,000,000 non-brokered private placement by issuing 17,000,000 units at a price of C$0.10 per Unit, for gross proceeds of up to C$1,700,000.