Silver Valley Metals Corp., a brownfield exploration company, is delighted to announce a favorable resolution of issues relating to its Mexi-Can Sulphate of Potash and Lithium Project. Concurrently, the Company is preparing to resume exploration activities in Mexico
Oroco Resource Corp. is pleased to announce the closing of a non-brokered private placement raising gross proceeds of $1,454,302.80 through the sale of 3,635,757 units at a price of $0.40 per unit.
The Camino Rojo Oxide Mine produced a record 34,484 ounces of gold during the fourth quarter and 121,877 ounces of gold for the full year 2023, exceeding the increased gold production guidance range of 110,000 to 120,000 ounces. Gold sold was 31,300 ounces during the fourth quarter and 118,993 ounces for the full year.
Prime Mining Corp. announces that CEO Daniel Kunz is retiring effective February 1, 2024, and Mr. Scott Hicks, EVP, will succeed him as Chief Executive Officer at that time and has been appointed to the Board of Directors effective today.
Chris Wright, Chairman & CEO, commented: “We continue to be impressed by the strength of mineralization in the Veta Grande system both near-surface and at deeper levels. Our understanding of the mineralization controls continues to guide both resource development and resource expansion drilling. Follow-up drilling at San Acacio will focus on adding ounces within the resource area – including recently-identified zones likely to contain shallow, intact mineralization – and on further testing the deep extensions of the Veta Grande system.”
Orex Minerals Inc. announces that it has closed its non-brokered private placement in only one tranche as previously announced on November 28, 2023. As announced on December 20, 2023, the Company previously issued 1,225,000 units at a price of $0.15 per Unit for aggregate gross proceeds of $183,750 under the Offering.
Barksdale Resources Corp. announces that it has filed a further amended and restated copy of the offering document related to the Company’s private placement originally announced December 20, 2023 in respect of its offering of common share units in the capital of the Company at a price of $0.40 per Unit, which was conditionally approved by the TSX Venture Exchange on January 5, 2024.
Heliostar Metals Ltd. is pleased to announce it filed its updated mineral resource estimate for the Ana Paula Project located in Guerrero, Mexico. The Updated Mineral Resource Estimate was completed by Rita Teal and Lewis Teal, Qualified Persons with Teal CPG Inc.
Defiance Silver Corp. is pleased to announce that that the Company has completed all purchase payments to acquire a 100% interest in Pan American Silver Corp.’s Lucita property in Zacatecas, Mexico.
Orogen Royalties Inc. is pleased to provide an update and forecast on its prospect generation portfolio and partner-funded exploration for 2024.
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