Defiance Silver Closes Second Tranche of Private Placement
March 14, 2024
In total, the Company issued 26,443,500 Units in the course of the Offering for total gross proceeds of C$2,644,350.
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In total, the Company issued 26,443,500 Units in the course of the Offering for total gross proceeds of C$2,644,350.
Almaden Minerals Ltd. is providing an update regarding its Request for Consultations delivered to the United Mexican States and its listing on the NYSE American stock exchange.
Kootenay’s President & CEO, James McDonald states, “D-Vein target has continued to return excellent grades and widths. Our most recent drilling program concluded in late 2023 and intercepted D Vein in each of the twelve holes. We are very pleased with the exceptional silver grades and consistent mineralized widths we see on that Vein. We commence drilling in 2024 with the aim of adding sufficient data to calculate our first mineral resource estimate at Columba by the end of the year.”
Guanajuato Silver’s Chairman & CEO, James Anderson said, “During the month of February we generated over 50,000 ounces of silver equivalent through our first 3rd party processing agreement. With this new agreement, we will have moved our milling facilities one step closer to full operating capacity through the processing of additional low-cost, locally sourced, mineralized material.”
“Our operational results for the final quarter of 2023 were in line with our mine plan and guidance even though our financial results were lower than planned,” stated Allen Palmiere, President and CEO for the Company. “Factors that are out of our control affected our bottom line, including a strengthened Mexican Peso to the US dollar, increased local power costs, and lower metal prices for our co-product metals of copper, lead, and zinc.”
“We are delighted to receive so much interest in the Offerings from both new and existing shareholders including significant participation from management and insiders,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “We are excited to hit the ground running for our summer drill campaign at Gryphon.”
Mexico Mining Center is proud to announce the 10th anniversary of the Discoveries 2024 Mining Conference, to be held May 21 – 23, 2024, at the prestigious Mazatlan International Center in Mazatlan, Sinaloa, Mexico. With a decade of unparalleled success in fostering innovation, exploration, and development in the mining sector, this year’s conference promises to be the most impactful yet.
Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to partner with Fortuna Silver as we have had a productive and respectful relationship having worked in parallel in Mexico for over 15 years. Riverside has invested in working up the project to an actionable stage and consolidated the tenures making this a highly prospective property that warrants the type of deep and thorough exploration attention that this agreement provides.”
Kevin Brewer, President and CEO of CMC noted “The decision by SEMARNAT to not extend the permit renewal at the Gavilanes project is disappointing. The preparation and filing of the application was the sole responsibility of the property owner and as a result CMC was left with no choice but to pull out of the agreement to initiate the acquisition of Gavilanes.”
Ian McGavney, President & CEO of Colibri commented: “We have only recently received the final map products from the drone magnetic survey, and it is already paying dividends. The results of the survey have provided “proof-of-concept” of our near-term drill plan, has provided key information for development of our EP Gold Project exploration model, and has resulted in the identification of new target areas.”
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