Category: Investor’s Corner

GSilver Begins Mineral Processing at El Cubo

James Anderson, Chairman and CEO of GSilver commented, “We have achieved yet another significant milestone – on track, on time and on budget – with the recommissioning of our El Cubo mill. I congratulate all of our team members on executing this noteworthy achievement so rapidly.”

Golden Minerals Reports Quarterly Gold Production Increase of 38 Percent During Third Quarter 2021

Warren Rehn, President and Chief Executive Officer of the Company, commented on the third quarter production figures. “Q3 was the first quarter of full production for Rodeo and the mine has exceeded expectations in terms of gold ounces produced. Our operations team has demonstrated exceptional ability to execute and follow through with our mining and processing plan. Given the excellent results this quarter, I expect we will close the year at the high end of our production guidance.”

Hecla Reports Q3 2021 Production Results

Mr. Baker continued, “Hecla is the United States’ largest silver miner producing 40% of all the silver mined in the U.S. With this quarter’s performance, we are not only the largest but also demonstrate the strength of our operations in this lower silver price environment with approximately $10 million added to our cash balance, despite the semi-annual interest payment made this quarter and some one-time cash transactions.”

Orla Mining Begins Commissioning Activities at Camino Rojo

“The march towards first gold pour continues at Camino Rojo and the team is focused on achieving this important milestone by year end”, said Jason Simpson, President and Chief Executive Officer of Orla Mining. “While the rate of construction advance has been impressive, I am most encouraged by the diligence exhibited by our team in maintaining a safe and healthy operation during this intensive and challenging period”.

Candelaria Provides an Update on Lender, Accendo Banco

The Company has learned that the Mexican National Banking and Securities Commission notified Accendo of the revocation of its authorization to organize and operate as a multiple banking institution due to Accendo falling below the regulatory minimum levels of liquidity coverage ratio of the institution.

Aztec Minerals Arranges CAD$1.05 Million Private Placement Financing

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.

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