The Company intends to use the net proceeds of the Private Placement to conduct exploration work on its Cervantes Porphyry gold-copper project in Sonora, Mexico and its Tombstone Epithermal gold-silver & CRD silver-lead-zinc-copper-gold project in Arizona, USA, as well as for general working capital purposes.
United States Antimony Corporation reports a record quarterly gross profit of $1,139,388 and record Net Income of $786,252 spurred by a quarterly antimony sales revenue of $2,828,930.
“We have ramped up production smoothly following the labour action that disrupted production in March,” stated Brendan Cahill, President and Chief Executive Officer.
Starcore International Mines Ltd. is pleased to announce that its Board of Directors has approved a US$2 million exploration budget for its most prolific projects.
The Acquisition is an exciting opportunity for the Company to diversify further into the battery minerals sector.
Starcore International Mines Inc. confirms that it is aware of the announcement of the intention to make an unsolicited offer by Semper Recursos Naturales S.A. de C.V. for the outstanding common shares of Starcore at a price of $0.35 per common share.
The Company announces today that it intends to delay the filing of its interim financial filings on Form 10-Q for the quarterly period ended March 31, 2022, which includes interim financial statements as at and for the quarterly period ended March 31, 2022, together with its management’s discussion and analysis for the quarterly period ended March 31, 2022 relating to the interim financial statements, and the Chief Executive Officer and Chief Financial Officer certificates relating to its interim filings by the filing deadline of May 16, 2022.
Sonoro Gold Corp. announces that, due to current capital market conditions, it has decided to withdraw its previously proposed non-brokered private placement offering of up to 17,000,000 units at a price of C$0.18 per Unit announced on April 25, 2022.
“During an important transitional quarter, the Company hit all key milestones including declaring commercial production and ramping up throughput rates,” said Jason Simpson, President and Chief Executive Officer of Orla. “We are looking towards achieving design capacity at Camino Rojo during the second quarter and advancing our exciting growth portfolio.”
“At our Mexican Operations, we set a 2021 objective of replacing the production from the now closed Rosario mine by deploying its underground mining equipment to Zimapan to increase production at Zimapan with no additional capital investment.”
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