Fortuna Silver Mines Inc. is pleased to announce that the Secretaría de Medio Ambiente y Recursos Naturales has granted a twelve year extension of the environmental impact authorization at the San Jose Mine, located in Oaxaca, Mexico.
Newmont Corporation announced today the pricing terms of the previously announced offers to purchase for cash any and all of the outstanding (i) 3.700% Notes due 2023 issued by Newmont and (ii) 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont.
Matthew Zabloski, the Managing Director of Delbrook commented: “Delbrook has been a shareholder of Barksdale since 2017 and subsequently increased its equity position in the Company in 2020. We are excited to continue supporting Barksdale as it approaches key project and investment milestones over the next few months.”
“Equinox Gold will also become a significant shareholder in Bear Creek, continuing to participate in the success of Mercedes and in the future development of Bear Creek’s Corani silver-lead-zinc deposit, one of the largest, fully-permitted silver deposits in the world.”
Consolidated Zinc Limited is pleased to announce Metco Trading S.A. de C.V. and the Company’s Mexican subsidiary, Minera Latin American Zinc SAPI de CV have entered into an offtake agreement for the sale of 100% of the Plomosas lead concentrates produced from Plomosas for calendar year 2022.
Fabled Silver Gold Corp. is pleased to announce the effective date for the previously announced spin-out of its interest in the Muskwa copper project in northern British Columbia, by way of distributing the shares it holds in its wholly owned subsidiary Fabled Copper Corp. to the shareholders of the Company through a statutory plan of arrangement.
“With the cash flow from Parral covering our general and administrative expenses as well as a large portion of our exploration costs at Los Ricos for 2021, we were able to increase our market capitalization by 98%. Our discovery cost at Los Ricos was only $0.12 per silver equivalent ounce,” said Brad Langille, President and CEO stated.
Alan Pangbourne, CEO, commented, “2021 was a transformational year for Chesapeake with new management members and technical team focused on testing a sulfide heap leach technology that could significantly improve Metates’ project economics as a low cost, scalable mine.”
Starting in January 2022, the Company expects to increase the throughput to an average of 1,800 tonnes per operating day.
“We continue to build our cash and working capital while undertaking exploration activities on our existing and newly acquired Opodepe claims,” reported Robert Eadie, CEO and President of the Company. “In addition to this, we are actively expanding our exploration at the San Martin mine and solidifying our resource to ensure the continued life of the mine.”
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