James Anderson, Chairman and CEO, said, “As Mexico’s newest precious metals producer, we continue to advance towards the successful completion of this ramp-up stage at El Cubo.”
“I would like to thank our shareholders and the shareholders at Kirkland Lake Gold for supporting the merger of the two companies. We are very excited about the transaction as it positions Agnico Eagle as the leading low risk global gold company with growing production, low costs and strong ESG leadership,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
Of the total proceeds of $810,750 received, $645,750 will be used for drill programs on the Company’s silver-gold projects in Durango and Zacatecas States, Mexico, and for working capital, and the $165,000 FT portion will be used to fund qualifying exploration programs on the Company’s copper-gold projects in British Columbia, Canada.
Discovery Silver Corp. is pleased to announce its financial results for the three months ended September 30, 2021 and to provide a summary of key events for the quarter and subsequent to quarter-end.
“We are very excited to deliver this updated Reserves and Resource statement for our Santa Elena operation which includes for the first time, the addition of Mineral Reserves at our Ermitaño project located only four kilometers away from the Santa Elena processing plant,” stated Keith Neumeyer, President and CEO.
The net proceeds of the Offering will be used to fund exploration on Juanicipio and MAG’s other projects including Deer Trail, certain sustaining capital requirements at the Juanicipio Project not included in the initial project capital estimates, and for working capital and general corporate purposes.
“Our Campo Morado team have produced another excellent quarter of operational results,” stated Ralph Shearing, CEO.
Today, Newmont Corporation announced the appointment of Dr. Emma FitzGerald and Mary Laschinger to its Board of Directors effective December 1, 2021.
In the Financing, the Company issued a total of 23,385,752 common shares raising gross proceeds of CAD $818,501.36.
“We are pleased to see our High Lake Greenstone Belt portfolio is moving ahead. This will allow Riverside to continue to focus on and further prospect generation in Canada, while receiving cash and retaining royalties on all three projects. We are actively building our royalty portfolio and this transaction provides additional exposure to new discoveries in central Canada.”
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