“Tahuehueto is an exceptional asset which is expected to generate significant revenue for Empress. It gives Empress direct exposure to silver and combined with our low G&A provides an effective hedge against inflation pressures as seen in other industries.”
Minera Alamos Inc. is pleased to announce that, further to its press release dated June 23, 2022, it has closed its non-brokered private placement offering of 7,950,000 common shares of the Company at a price of $0.55 per Common Share for aggregate gross proceeds to the Company of $4,372,500.
“The Company had a strong operating quarter which we expect to continue for the remainder of 2022,” stated Americas President and CEO Darren Blasutti.
“The second quarter was strong operationally, and better-than-expected results were driven by higher grades from the Avino Mine.” said David Wolfin, President and CEO of Avino.
Starcore International Mines Ltd. is pleased to announce that it has closed its non-brokered private placement, raising $1,200,000 in gross proceeds through the issuance of 6,000,000 units at a price of $0.20 per Unit.
SilverCrest Metals Inc. is pleased to announce the appointment of Ms. Anna Ladd-Kruger to the Company’s Board of Directors effective immediately. Ms. Ladd-Kruger brings a strong financial background and extensive mining industry experience from her more than 20-year career.
Excellon Resources Inc. is pleased to announce that the NYSE American LLC has accepted the Company’s plan to regain compliance with the continued listing standards set forth in Sections 1003(a)(i-iii) of the NYSE American Company Guide.
Golden Minerals Company has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the second quarter of 2022.
Allen Palmiere, President and CEO said “Production remains solid at the Don David Gold Mine in Mexico and the feasibility study continues to advance at the Back Forty Project in Michigan. While the volume of tonnes processed during the quarter dipped at DDGM, grades and recoveries helped ensure we delivered another quarter of over 10 thousand gold equivalent ounces.”
“Parral production continues to trend higher to normal rates and continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration expenditures,” said Brad Langille, President and CEO.
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