Category: Investor’s Corner

Major growth projects at the Yauricocha Mine include the expansion of the tailings dam and sinking of the Yauricocha shaft. At the Bolivar mine, growth will be focused around the expansion of plant capacity and the integration tunnel which will link the mine to the mill, creating efficiencies and cost reduction by eliminating truck haulage of ore to the mill. Both projects are planned for completion by the end of Q4 2022.

“The ELG Underground continues to impress, with Proven & Probable Reserves up 20% in 2021 following a 15% increase in 2020. The net increase in underground Reserves primarily reflects the extensive infill drill campaign carried out in 2021, with the intent on upgrading Inferred Resources to the Measured and Indicated categories.”

The principal objectives for use of the net proceeds of the Offering are to pay the US$35 million cash consideration payable to SSR Mining Inc. at closing in respect of the Company’s acquisition of the Pitarrilla project in Durango State, Mexico and for the Company’s general corporate purposes and working capital.

La minera consigue así la primera autorización que se entrega en México para que pueda aprovechar la innovación tecnológica en la extracción de metales, en principio con el desarrollo de una red LTE que mejorará primero las comunicaciones dentro y fuera de sus minas por el poder de penetración y cobertura de la banda de los 700 MHz.

Oroco Resource Corp. is pleased to announce that the private placement offering announced March 10, 2022 has been oversubscribed and the Company is no longer accepting new subscriptions.

All smelted material at our Mexican Smelter is being converted to purified antimony metal for sale. This is a 3-stage process converting the ore firstly to crude antimony oxide, secondly to crude antimony metal, and finally to purified antimony metal in ingot form.

Reyna is commencing trading on the market open of March 15th 2022 under the ticker symbol “REYGF” on the OTCQB. Reyna will continue to trade on the TSX Venture Exchange under its existing symbol “REYG”.

“As citizens of the world, we believe that our values compel us to provide meaningful support to the people of Ukraine who are suffering due to this tragic conflict. It is our basic duty to provide what relief we can in the face of such terrible atrocities.”

On March 8, 2022, in conjunction with Minerales Galore’s attorneys and a representative team, using the judicial resolution and joined by the Zacatecas State’s Public Force, the Duraznillo Ranch and the Mining Properties were legally repossessed. The repossession was peaceful and smooth. Mike McMillan, President and CEO of Galore, was on location and a part of the team overseeing the repossession of the Duraznillo Ranch and Mining Properties.

Effective March 3, 2022, Jack McClintock has resigned from the Board of Directors for personal reasons. Mr. McClintock has been a member of the Board since 2012. To replace Mr. McClintock, Mr. David Underwood has been appointed to the Board.