Golden Minerals Company today announced that on July 2, 2024, the Company was notified by the NYSE American LLC that it was not in compliance with three of the NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide.
Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, “The positive results gathered during this exploration phase continue to add cadence to the robust nature of the mineralized system at Lucy. During this exploration phase, we successfully intersected more high-grade gold mineralization starting from surface, extended the gold mineralized zone from 500 to 700 metres, and the corridor remains open along strike in either direction and at depth.”
“Ongoing infill drilling at Copala, where initial mining will likely take place, continues to demonstrate exceptional mineral continuity,” commented Michael Konnert, President & CEO. “Tight-spaced drilling along Copala Main and its hanging-wall splay structures has now expanded the high-grade footprint closer to surface, potentially reducing the overall development required to access the minerlization.”
Gold equivalent production of 116,570 ounces; a 25 percent increase compared to Q2 2023 (93,454 oz Au Eq) and a 4 percent increase compared to Q1 2024 (112,543 oz Au Eq).
This Report provides an overview of the payments to governments made by Fresnillo plc and its subsidiaries for the year ended 31 December 2023 as required under the UK Reports on Payments to Governments Regulation 2014 and its amendment in December 2015 (the UK Regulations).
Guanajuato Silver Chairman and CEO, James Anderson, said, “It is no exaggeration to say that Guanajuato Silver would not be where we are today without the guidance and steady hand of Ramon through the turbulent seas of the last three years. I continue to value Ramon’s experience, wisdom, and friendship, and look forward to calling on his experience and knowledge when needed in the future.”
Colibri Resource Corporation is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures (51% interest) has announced the results from six holes drilled in the ongoing Phase 4, RC drill program. Colibri owns a 49% interest of the Pilar Gold & Silver Project.
“The latest results continue to show expansion potential remains open and untested across several developing trends.” commented Brodie Sutherland, CEO. “Step-out drilling has hit a blind target where no previous data was available significantly extending out mineralization another 130-meters. We are highly encouraged by these results and the significance they imply along trends that have shown recently they can yield high-grade results.”
“We are very pleased with the positive Court decision that protects our flagship Alamos silver project,” stated Darrell Rader, President and CEO. “This ruling ensures that Alamos will continue to be governed by the Mexican Mining Law of 1992 and will not be subject to the uncertainties caused by the new Mining Law Reforms.”
“It’s a privilege and a strategic advantage to have such supportive shareholders,” said Peter Latta, President of Silver Wolf Exploration. “This transaction enables us to be extremely efficient with the recent capital raise ensuring that we maximize the resources put into the ground at Ana Maria, giving us the best opportunity for making a mineral discovery.”
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