Angel Wing Metals Inc. is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders held on July 15, 2024.
“The Galena Complex had a terrific operating quarter with silver production at the highest level in over 10 years.” stated Americas President and CEO Darren Blasutti.
“Drill results are continuing to show the broad scale of mineralization at Pilar as we push out the edges of the known deposit.” commented Brodie Sutherland, CEO. “The infill drilling looks to connect each of the three known trends to date, the results tell us that mineralization does connect across these corridors. Most of the area has never seen detailed drilling and to see mineralization and alteration in all holes showcases the robust system we have.”
Proceeds of the Offering will be used to finance exploration activities at the Company’s properties in Arizona as well as for working capital and general corporate purposes.
GR Silver Mining Ltd. is pleased to announce that it has closed the transaction announced June 28, 2024 pursuant to which a private, arm’s-length Canadian company active in Mexico has acquired from the Company 100% of the issued and outstanding shares of Marlin Gold Mining Ltd.
Heliostar CEO, Charles Funk, stated “This acquisition is transformative for Heliostar. The Company transitions from single asset developer to a multi-asset producer. The addition of the two producing gold mines provides cash flow to bring new production online.”
Aztec Minerals Corp. is pleased to announce a non-brokered private placement financing of up to 8,333,334 units of the Company at a price of C$0.18 per Unit, for aggregate gross proceeds of up to C$1,500,000.
Kingsmen Resources Ltd. is pleased to update progress on the Las Coloradas project, located 30km from Hildalgo del Parral, Chihuahua, Mexico. Portions of the Soledad structure were mined by American Smelting and Refining Company, the U.S. based subsidiary of Grupo Mexico in the period 1944 to 1952.
“Drill results are continuing to show the broad scale of mineralization at Pilar as we push out the edges of the known deposit.” commented Brodie Sutherland, CEO. “The infill drilling looks to connect each of the three known trends to date, the results tell us that mineralization does connect across these corridors.”
“Our second quarter production remained consistent with 616,571 silver equivalent ounces produced, up 5% over the second quarter of last year and tracking our production target for the year. We were able to start processing La Preciosa surface stockpile material through our mill with excellent recovery results, particularly silver, which exceeded our expectations.”
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