“As citizens of the world, we believe that our values compel us to provide meaningful support to the people of Ukraine who are suffering due to this tragic conflict. It is our basic duty to provide what relief we can in the face of such terrible atrocities.”
On March 8, 2022, in conjunction with Minerales Galore’s attorneys and a representative team, using the judicial resolution and joined by the Zacatecas State’s Public Force, the Duraznillo Ranch and the Mining Properties were legally repossessed. The repossession was peaceful and smooth. Mike McMillan, President and CEO of Galore, was on location and a part of the team overseeing the repossession of the Duraznillo Ranch and Mining Properties.
Effective March 3, 2022, Jack McClintock has resigned from the Board of Directors for personal reasons. Mr. McClintock has been a member of the Board since 2012. To replace Mr. McClintock, Mr. David Underwood has been appointed to the Board.
Taj Singh, President and CEO, states: “Tony has managed some of the industry’s largest and most profitable mines and has an established reputation for delivering large-scale mine builds and capital projects on time and on budget. In addition, he also has a proven history of establishing positive working relationships with community and government stakeholders, employees and business partners.”
Tocvan Ventures Corp. announces that the offering price of its previously announced non-brokered private placement has been amended to $0.75 per Unit.
Capstone Mining Corp. is pleased to announce that it has received approval from the Mexican Federal Economic Competition Commission for the previously announced business combination with Mantos Copper (Bermuda) Limited.
“Our operations delivered excellent results during a transformative year. We reinvested $6.6 million into exploration and infrastructure improvements at the Don David Gold Mine during the fourth quarter, bringing our year-to-date investment to $25.5 million. Our investment in Mexico is focused on favorably impacting our environment, social and governance programs while creating operational efficiencies and longevity.”
We are estimating production of 153,000 to 172,000 gold equivalent ounces (GEOs) in 2022.
Oroco Resource Corp. is pleased to announce a private placement for gross proceeds of up to $13,600,000 from the sale of up to 8,000,000 units of the Company at a price of $1.70 per Unit.
Senor Miguel Angel Romero Gonzalez joins our Mexican group to advise the Company on tenure and legal issues. Señor Romero is a prominent lawyer with the mining industry in Mexico, a former General Director of Mines in the Ministry of Economy from 2010 to March 2013, within that period he coordinated the efforts to update the Regulations of the Mining Law and collaborated to make public the mining cartography of the country.
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