The production continues to be stable in this quarter as the mine continues to produce profitable ounces in all areas of the mine, supported by the ongoing cost control measures and positive gold and silver prices.
Barksdale Resources Corp. is pleased to announce that Regal Resources Inc. has made a cash payment to Barksdale to fully repay its financial obligations.
As previously reported, Almaden’s mineral claims are the basis of a lawsuit against the Mexican government (President, Congress, Ministry of Economy, Directorate of Mines, Mining Registry Office) asserting that the Mexican mining law is unconstitutional.
“Since 2008, Hecla has, through exploration, added 239 million silver ounces in reserves, replacing production while also growing resources.”
Tocvan Ventures Corp. is pleased to announce it will be proceeding with a non-brokered private placement of up to 666,667 units at CAD $0.90 per Unit for gross proceeds of up to CAD $600,000.
“Over the last five years, Coeur has invested approximately $240 million in exploration capped off by our largest program in Company history last year, totaling $71 million.”
“Now that we have poured gold and begun the transition to producer, the team remains focused on achieving steady state operations,” said Jason Simpson, President and Chief Executive Officer of Orla Mining.
Magna Gold Corp. deeply regrets to report a fatal accident involving three employees at its San Francisco Mine on February 15, 2022.
“Con profundo pesar la empresa minera Magna Gold Corp informa del accidente ocurrido este 15 de febrero de 2022 en mina San Francisco y manifiesta su solidaridad con las familias de sus colaboradores David Gerardo Márquez Granillo, Leonel Ozuna Celaya y Roberto Corrales Armenta, quienes desafortunadamente perdieron la vida”, anunció la empresa minera.
“Initial production of Ermitaño has gone exceptionally well and we look forward to the ramp-up of full-scale production in 2022,” commented Orogen CEO Paddy Nicol.
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