Regarding the Palos Verdes silver project in Mexico, Craig Gibson, Co-Founder and Chief Exploration Officer said: “Immediately following closing of the Private Placement, we will mobilize our drilling crew at our Palos Verdes for our next phase of drilling. We are planning to drill approximately 3,600 meters in ten holes to be completed in two phases.”
Capitan Silver Corp. is pleased to announce that it has amended its agreement to repurchase a royalty on its Cruz de Plata silver gold project, located in Durango, Mexico.
“New drill results from our ongoing Copala infill program continue to demonstrate excellent continuity of high-grade silver and gold mineralization,” commented Michael Konnert, President & CEO. “As we reduce the drill spacing at Copala, focused on converting mineralization to higher confidence resource categories, we continue to expand the high-grade precious metals core of the main structure, and in-turn the overall potential minable inventory.”
Almaden Minerals Ltd. announces that further to its press release of March 14, 2024, it has taken the decision to submit its claims to arbitration against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This decision comes after a consultation meeting held with Mexican officials on May 30, 2024 that did not result in an amicable resolution of the Company’s investment dispute with Mexico.
Vizsla Silver Corp. wants to remind its valued shareholders that if the spinout of Vizsla Royalties Corp. is approved at the Special Meeting being held on June 17, 2024, the Company will seek a final order from the Supreme Court of British Columbia to approve the Arrangement and closing will occur on or about June 24, 2024.
“The amendment of the credit facility provides us with additional financial flexibility as we continue to advance the Cariboo Gold project to shovel ready status, with permits expected in the Q3 2024, and explore opportunities to execute on our growth strategy,” commented Sean Roosen, Chairman and CEO.
Fortuna Silver Mines Inc. has closed its previously announced offering of 3.75% convertible senior notes due 2029 in an aggregate principal amount of US$172.5 million which includes exercise of the full amount of the option to purchase an additional US$22.5 million aggregate principal amount of Notes.
Lawrence Page. K. C. President, said: “This latest economic update of Cerro Las Minitas represents a new milestone in the ongoing evolution and development of the project which is the culmination of a number of smaller technical improvements, developed over the last 18 months, which together result in a significant increase in the value of the Cerro Las Minitas asset.”
“We are pleased to receive this strong level of support from key stakeholders being Ocean Partners, our offtake partner, and Golden Post, our largest shareholder,” stated Rohan Hazelton, President & CEO DynaResource. “These funds are an endorsement of our business plans to optimize operations and increase shareholder value.”
Gatos Silver, Inc. today reported that its stockholders voted in favour of all items of business at the Company’s Annual Meeting of stockholders held on June 6, 2024.
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