The Company delivered a strong operating performance in the first quarter of 2022 with all mines on target to achieve annual guidance for silver and gold.
The Company has entered into a 5-year contract with OZTOC to extract available gold at Galore’s 100% owned Duraznillo Ranch, which includes the mining concessions Los Gemelos I and Duende 7 and jointly with Duraznillo Ranch will now be referred to as the Duraznillo Mine.
The securities of Mithril Resources Limited will be placed in trading halt at the request of MTH, pending it releasing an announcement.
Silver Viper’s President and CEO Steve Cope states “Quantec has shared preliminary data from the first lines of the MT survey. We expect the geophysics to help in refining drill testing of existing zones and to reveal new deeper unexposed targets.”
Gatos Silver, Inc. today announced record silver production from the 70%-owned Cerro Los Gatos mine during the first quarter of 2022. The Company also announced the appointment of Dale Andres, current President, as Chief Executive Officer and member of the Board of Directors as part of the Board’s CEO succession plan, as well as two additional executive management changes.
Vizsla Silver Corp. is pleased to announce that, further to its news release dated March 1, 2022, it has filed on SEDAR an independent technical report containing a maiden mineral resource estimate on the Company’s Panuco silver-gold project.
“We are delighted to report a solid first quarter for 2022 and the achievement of a major milestone in the evolution of Minera Alamos as the ramp-up has advanced to the point where gold production for the quarter is sufficient for the Company to be cash-flow neutral at the corporate level.”
Fortuna believes that the mining sector has a key role to play in reducing global greenhouse gas (GHG) emissions, as well as in supporting the transition to a lower carbon economy by supplying critical minerals and metals to advance low emission technologies and solutions.
“Parral continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration budget,” said Brad Langille, President and CEO. “Parral continues to be a steady source of cash flow while the Los Ricos project is the major driver of shareholder value for the Company.”
“Once again, our team in Mexico has delivered on two significant milestones: our first full quarter of gold production and achieving commercial production on time,” said Andrew Cormier, Chief Operating Officer of Orla Mining.
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