The Company believes that it will be able to file its annual report on Form 10-K for the year ended December 31, 2021, its quarterly report on Form 10-Q for the quarter ended March 31, 2022 and its quarterly report on Form 10-Q for the quarter and year to date periods ended June 30, 2022 in the fourth quarter of 2022.
Chairman and CEO James Anderson commented, “We look forward to integrating our new assets with current operations expeditiously. GSilver plans to restart the San Ignacio mine as soon as practicable, and deliver its silver and gold mineralized material to our El Cubo plant for processing.”
Great Panther Mining Limited reports that it has closed the previously announced sale of its Mexican subsidiary Minera Mexicana El Rosario S.A. de C.V., which owns the Guanajuato Mine Complex, the Topia mine, and the El Horcón and Santa Rosa projects, to Guanajuato Silver Company Ltd.
All three of our mines continue to deliver strong operational and financial results with each generating positive free cash flow,” said Phillips S. Baker Jr., President & CEO.
“Improved production rates and higher metal prices during the quarter generated record revenues for the business,” stated Keith Neumeyer, President & CEO.
Alamos Gold Inc. today announced the appointment of Luc Guimond as Chief Operating Officer effective September 1, 2022.
“Torex delivered solid results across multiple fronts in Q2. Our strong production, combined with ongoing discipline in cost containment, resulted in robust revenue, operating cash flow, and free cash flow generation this quarter.”
Discovery Silver Corp. announces the Company is filing an Amended Technical Report titled Preliminary Economic Assessment of the Cordero Silver Project, Chihuahua State, Mexico, dated July 27, 2022.
“We benefit from a consistent strategy, exceptional assets, an exciting growth pipeline and a very strong balance sheet. We are well placed to deliver on our objectives this year. We look forward with determination and confidence.”
“We report another strong year of earnings from mining operations of $5.3million and net income of $0.05 per share. In addition, we have accumulated over $8.8million in cash at April 30,2022, which does not account for the $1.2 million private placement completed this month which is slated for additional exploration on our properties,” reported Robert Eadie, Chief Executive Officer.
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