Riverside Resources Inc. is pleased to report it has signed an agreement with Agnico Eagle Mines Limited for the sale of the Pima Property located in Sonora, Mexico, where Riverside will receive cash and completes the pass through royalty transfer with Millrock Resources Inc.
“In 2021, more than 80 percent of depletion was replaced as we continue to progress our most profitable greenfield and near-mine projects. Exploration continues to be a core competency at Newmont with a focus on extending mine life, developing districts, and discovering new opportunities in the most favorable jurisdictions.”
“The fourth quarter of 2021 was Agnico Eagle’s fifth consecutive quarter of over 500,000 ounces of gold production, which is particularly impressive given the impacts of COVID-19 during the latter part of the quarter. On a full year basis, in 2021 the Company achieved records in gold production, operating cashflow and mineral reserves, all while delivering the best safety performance in the Company’s 64-year history”, said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
Rockland Resources Ltd. is pleased to announce that further to its press release dated November 16, 2021, the Company has closed the non-brokered private placement. The Company issued 6,530,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,306,000.
“Torex delivered another outstanding year of operational and financial performance in 2021, with the Company meeting full-year operational guidance for the third year running. We achieved record gold production of 468,203 ounces, driven by record milling rates as well as record underground mining rates.”
Bryan Wilson, President and CEO of Huntington, states: “The pace of gold discoveries in western Mexico in recent years rivals virtually anywhere else in the world. Our acquisition of 550 square kilometres of strongly altered and mineralized ground at the southern end of the SMO gold-silver belt is remarkable and is even more so because this area has not seen a single drill hole in the modern era.”
Silver Dollar Resources Inc. is pleased to report that a total of 2,424 metres of core drilling has been completed through eleven holes at the La Joya Silver Project located in the state of Durango, Mexico.
“We had a very successful year on the exploration front, increasing Mineral Reserves at each of our operations and improving the quality of our global Mineral Reserve with higher grade additions.”
“Silver and silver equivalent production is expected to significantly increase over the next couple of years and benefit from continuing strong silver and base metal prices,” stated Americas President and CEO Darren Blasutti.
Orla Mining Ltd. is pleased to announce that Chafika Eddine has been appointed to the newly created position of Chief Sustainability Officer and will be joining the Orla executive team effective March 1, 2022.
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