The Report, dated October 11, 2023 and titled “Santo Tomas Copper Project NI 43-101 Technical Report and Preliminary Economic Assessment”, has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure of Mineral Projects.
To further strengthen the oversight of its assets and focus on the advancement of its pipeline, Fresnillo is pleased to announce the creation of new executive roles for its operations and projects: Chief Operating Officer North and Chief Operating Officer Central.
Prospective investors should read the Offering Document before making an investment decision.
Oroco Resource Corp. is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of $2,691,940 through the sale of 6,729,850 units at a price of $0.40 per unit.
The concessions, which would allow the company to develop the Sonora project, were canceled by Mexico’s General Directorate of Mines in August, which said Ganfeng had failed to comply with minimum investment requirements.
“We are highly encouraged by the results of our 2023 exploration drilling program at Media Luna West, which continue to enhance our confidence in the mineralized potential of the ever-expanding Media Luna Cluster. While exploration at Media Luna West is still at an early-stage relative to the nearby Media Luna and EPO deposits, the latest results, when combined with historical results and a new structural model, highlight the potential for Media Luna West to become a future source of feed for the Morelos Complex. Follow-up drilling at Media Luna West is planned for 2024 as we advance this zone to the next exploration stage.”
“Recovering gold and silver is an important step towards full-scale production and the first of many ounces to be produced from Pilar.” stated Brodie Sutherland, CEO. “Pilar has returned high head grade, well above the average of open pit mines in the region. The recoveries are also consistent with local operations, with the advantage at Pilar for even higher recovery through gravity and agitated leach methods. More gold and silver are yet to be extracted from the material in hand while we continue to advance our near-term permitting initiatives towards mine development.”
Bear Creek Mining Corporation announces that its board of directors has authorized and approved the grant of a cumulative total of 900,000 stock options pursuant to its stock option plan to two recently appointed directors and new Chief Operating Officer, and a consultant.
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 – Prospectus Exemptions to raise gross proceeds of up to $5,000,000 from the sale of up to 45,454,546 units at a price of $0.11 per Unit.
Following a scale-up in the resources (equipment/workforce) from the Company’s mining contractor, production rates at the Santana project increased in Q3 and averaged over 70,000 tonnes of total material (mineral + waste) moved per month which was in line with plans.
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