Category: Investor’s Corner

Jody Kuzenko, President & CEO of Torex, stated: “The year-over-year decline in gold reserves at the Morelos property is consistent with the mine plan that has the ELG open pits concluding at the end of 2023. The decline in reserves at Morelos is expected to reverse when the Feasibility Study for Media Luna brings Media Luna resources into reserves. That study is expected to be published in Q1 of 2022.”

“Closing this private placement as the first tranche of the Accendo Syndicate recently announced US $25 million funding package now allows us to immediately reinitiate construction at Tahuehueto where Telson is targeting initial gold production near the end of 2021.”

“Sapan Gupta, Vice President of ArcelorMittal and general counsel of AM/NS India, is appointed general counsel of ArcelorMittal, effective 1st June 2021,” as per the internal communication to employees.

The net proceeds from the Offering will be used principally to fund Sonoro’s ongoing development plans at its Cerro Caliche Gold Project located in Sonora, Mexico and project property maintenance payments, and secondarily for corporate and general administrative expenses.

Prime Mining Corp. is pleased to report its operating and financial results for the third quarter of fiscal year 2021, ended January 31, 2021.

McEwen Mining Inc. is pleased to report that activities at its El Gallo Project in Mexico have been restored following successful resolution of the concerns raised by members of the nearby communities. A new 10-year agreement has been reached providing additional support to the communities and greater long-term certainty for the El Gallo operation.

Empress Royalty Corp. is pleased to announce that the TSX Venture Exchange has accepted for listing up to 17,250,000 common share purchase warrants of the Company. The Warrants will be listed for trading on the TSXV under the symbol “EMPR.WT” effective at market open on March 30, 2021.

Premier Gold Mines Limited is pleased to announce that Federal Economic Competition Commission in Mexico (COFECE) has granted approval of the proposed arrangement with Equinox Gold Corp. The Company would also like announce that Toronto Stock Exchange has conditionally approved the listing of the common shares of i-80 Gold Corp. in connection with the Arrangement.

SilverCrest Metals Inc. is pleased to report the Company’s audited financial results for the year ended December 31, 2020, and an update on construction and exploration activities.

Pete Dougherty, President & CEO commented: “The replacement of depleted Mineral Reserves is a key part of our business strategy. Our strategy is to harvest cash from these operations, replace depleted Mineral Reserves to extend mine lives and focus on executing on our growth projects to transition Argonaut from a high-cost junior producer with relatively short mine lives to a lower cost intermediate producer with much longer mine lives.”