First Majestic Silver Corp. is pleased to announce that, in connection with the Company’s acquisition of Gatos Silver, Inc., the Company’s shareholders have approved the issuance of up to 190,000,000 First Majestic common shares to holders of shares of common stock of Gatos Silver in exchange for the acquisition by the Company of all of the outstanding shares of Gatos Silver.
Inomin has had initial discussions with companies that have expressed interest in potentially partnering or acquiring an interest in the Company’s La Gitana gold-silver property in Mexico.
Paul Gray, VP Exploration, commented, “Like many established VMS systems around the world, Campo Morado has significant growth potential, and I am excited to be embarking on these first exploration efforts on the property in many years. My aim for this, and all future drill programs, is to identify additional near-mine mineralization that can be quickly added to the mine plan at Campo Morado; leverage the extensive historical data and generate new information through drilling and other exploration tools to extend the mine life and expand resources, and; eventually, demonstrate the true district-scale potential at Campo Morado by targeting high-impact exploration zones further from the mine site.”
“the offer price undervalues the company, at a time when the company has reported improved production results highlighted by 3,600 tpd throughput rates at Yauricocha in Q4/24 QTD.”
Heliostar CEO, Charles Funk, commented “Heliostar has filed technical reports for three of its recently acquired Mexican projects. At La Colorada, we have restarted production this month with 2025 focused on the newly defined Junkyard Stockpile and then expanding to over 50,000 ounces of gold per year with the El Crestón expansion.”
Heliostar Metals Ltd. announced on January 13, 2025, the filing of NI 43-101 technical reports for its recently acquired Mexican assets: La Colorada and San Agustin mines, and San Antonio project (all effective November 30, 2024). Reports detail reserves, extended mine lives, and strong economics; available on SEDAR+ and company website.
Teck Resources Limited today announced the appointment of Colin Hamilton as Vice President, Market Research and Economic Analysis, effective February 17, 2025.
Infinitum Copper Corp. is pleased to announce the appointment of Mr. Steve R. McMullan to its board of directors and the resignation of Mr. Mahendra Naik as a director of the Company.
Alamos Gold reported record 2024 gold production of 567,000 oz (mid-point of increased guidance), up 7% YoY, with record revenue $1.3B and cash flow. Issued 2025-2027 guidance: production growth to 700,000 oz by 2027 (+24%), costs declining ~10% (AISC to $1,125-1,225/oz).
Capstone Copper Corp. today announced that Mr. Rick Coleman will be appointed to the Board of Directors of the Company effective January 15, 2025.
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