Quaterra Resources Inc. is pleased to announce the appointment of Mr. David Harvey, CPG as Vice President of Exploration for the Company.
Rod Antal, President and CEO said, “The third quarter of 2021 again demonstrated the strong operational and financial results synonymous with SSR Mining, as the Company delivered production of 186,941 gold equivalent ounces at AISC of $1,006 per gold equivalent ounce.”
“Our solid operational performance in Q3 resulted in a strong financial result, with adjusted EBITDA of $119.3 million and free cash flow of $29.4 million.”
“After reviewing many finance options for Tocvan we are extremely pleased to bring on board a strong Long-Term Shareholder that has extensive experience in Mexican Mineral Exploration and Development.”, commented CEO Derek Wood.
Kootenay Silver Inc. and Kootenay Resources Inc. are pleased to announce that the spin-out transaction whereby Kootenay Silver spun-out 80% of the common shares of Kootenay Resources to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement was completed effective at 12:01 a.m. (Vancouver time) on October 29, 2021.
“We are pleased to welcome Maree to the FCX organization. She brings significant international mining experience, a strong financial background in the sector and a drive for creating value for all stakeholders. She will be a great addition to our team of talented and proven financial professionals.”
Taj Singh, President and CEO, states: “We are excited to share our inaugural ESG report as part of Discovery’s evolution. We believe that ESG management is a key component of delivering long-term value and business resiliency.”
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.
Candelaria Mining Corp. is pleased to announce that, further to its press release of September 22, 2021, it has closed its second and final tranche of its non-brokered private placement for a gross proceeds of $511,648 through the issuance of 1,136,997 units of the Company at a price of $0.45 per Unit.
During the quarter 9,123 tonnes of ore were mined with 9,817 tonnes hauled to the surface at Plomosas.
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