Category: Investor’s Corner

“In the second quarter we saw strong production of 7.7 million silver equivalent ounces, a 20% increase year-over-year,” said Keith Neumeyer, President and CEO. “In the second half of 2022, we anticipate a further 25% production increase in our total silver equivalent ounces. This increase in production is being propelled by significant growth at both the Santa Elena and Jerritt Canyon operations.”

First Majestic Silver Corp. announces it has entered into an equity distribution agreement with BMO Capital Markets and TD Securities pursuant to which the Company may, at its discretion and from time-to-time until June 18, 2023, sell, through the Agents, such number of common shares of the Company as would result in aggregate gross proceeds to the Company of up to US$100.0 million.

Regarding the drill program, Dr. Craig Gibson, President and CEO of the Company, said: “We are pleased to be able to commence our plan to drill holes to intersect the Palos Verdes vein at significantly deeper levels than the previous drilling. We will be able to test the vein several hundred meters underneath the surface exposures.”

Carlos Silva, CEO of Santacruz, stated; “The second quarter was the first full quarter of results from the recently acquired Bolivian Operations. At our Mexican Operations, commencing Q3 we expect to see increased production from new stopes and a reduction in lower grade mineralized material from development works, which should positively impact AISC at the Zimapan Mine.”

Benjamin Hill Mining Corp. is pleased to announce that the Company’s common shares began trading on the OTCQB July 18, 2022, under the symbol “BNNHF”.

Steve Robertson, President & CEO of Infinitum stated: “We are very pleased to see the support and commitment from investors, during challenging market conditions. Our exploration crew is having a stellar season with many notable achievements at La Adelita this year, including three significant new discoveries with impressive grades.”

Aloro Mining Corp. is pleased to report that Alamos Gold Inc. has informed Aloro, that after a drill rig became available, it has resumed its drill exploration program on the Los Venados claims, Mulatos District, Sonora Mexico.

Zacatecas CEO and Director Bryan Slusarchuk, states, “Jorge has an excellent track record of successfully doing business in Mexico and has also done a great job introducing international sources of capital to various Mexican ventures. He is a promoter of Mexico, through his work within such entities as the Mexican Chamber of Commerce in Hong Kong. We are pleased to welcome Jorge to the Zacatecas team as we advance the Esperanza Gold Project towards gold production while concurrently exploring the high grade Zacatecas Silver Project.”

James Anderson, Chairman & CEO, said, “The oversubscription of our brokered private placement is a major endorsement of the quality of the assets that we are purchasing and the ability of our operations team to execute. We look forward to closing the acquisition of Great Panther Mining’s Mexican assets and getting to work on building Guanajuato Silver into a mid-tier precious metals producer.”