“We are pleased with the results from the Santana gold project during our first year of operations in 2022. Despite the difficulties that presented themselves during the year, both capital and operating costs continue to meet our expectations and provide a sound basis to inform the Company’s plans for the development of the upcoming Cerro de Oro project,” stated Darren Koningen, CEO.

N. Eric Fier, CPG, P.Eng, and CEO, stated, “We are very pleased with our progress at Las Chispas. Within five months of our first metal pour we declared commercial production, refinanced our previous project financing facility, which we did not fully draw, and reduced our total debt outstanding from $90 million to $50 million. As we begin 2023, our focus is on generating revenue and using established cost controls to maximize free cash flow and pursue growth opportunities.”

Excellon Resources Inc. is pleased to announce that effective January 31, 2023, the Company’s common shares will commence trading on the OTCQB Venture Market in the United States, under the symbol “EXNRF”.

Tamino Minerals is pleased to announce that we have retained a new consultant to the Company. The Company is planning to increase its land positions and is currently looking into several projects that will require additional work.

Mike Struthers, CEO, commented: “We expect 2023 to be a strong year for Altaley, turning the corner on performance at both sites and achieving some critical milestones at Tahuehueto.”

Tocvan Ventures Corp. is pleased to announce it will shortly be closing a non-brokered private placement of up to 625,000 units at CAD $0.52 per Unit for gross proceeds of up to CAD $325,000.

The Technical Reports are entitled “NI 43-101 Technical Report: Updated Mineral Resource and Reserve Estimates for the Guanaceví Project, Durango State, Mexico”with an effective date of November 5, 2022, and “NI 43-101 Technical Report: Updated Mineral Resource and Reserve Estimates for the Bolañitos Project, Guanajuato State, Mexico” with an effective date of November 9, 2022 and are co-authored by the Company and by Hard Rock Consulting, LLC, a full-service geologic and mine engineering firm.

Mr. Balarezo concluded,“I am encouraged by the production improvements during the fourth quarter. Our primary goal in the new year is to ramp up production at Yauricocha, stabilize production at Bolivar and optimize Cusi’s production.”