Fortuna Silver Mines Inc. reports record gold and gold equivalent production for the third quarter of 2023 from its five operating mines in West Africa and Latin America. Gold and silver production for the quarter was 94,821 ounces and 1.7 million ounces, respectively, or 128,671 gold equivalent ounces, including lead and zinc by-products.
Alexander Langer, President & CEO of Sierra Madre stated, “DTC eligibility compliments our recent listing qualification on the OTCQX® Best Market, announced on July 28, 2023. Obtaining DTC Eligibility represents the company’s commitment to increasing visibility and accessibility for shareholders in the United States.”
The partnership will utilise Epiroc’s portfolio of automation technologies at many of Newcrest’s mines. Australian-based gold miner Newcrest has signed a memorandum of understanding (MoU) with Swedish
Pierre Gauthier, President and CEO of Auxico Resources Canada Inc. comments, “We are very pleased to announce the successful conclusion of the mining title registration process and exclusive operating agreement for the Minastyc Project; having received the right to exploit the property for the next two decades greatly reduces project risk.”
“The Monumental Minerals drilling program at Jemi was the first in the area, with all drill holes targeting prospective areas based on surface geochemistry and 3D aeromagnetic geophysics. Interpretation of drilling results including assays and core logging show that Jemi continues to be a highly prospective target for rare earth elements. Our initial drilling campaign has proven very valuable in vectoring toward potential buried mineralization at Jemi.”
“I am excited to be joining the Goldgroup team and looking forward to assisting the Company in improving mining operations at the Cerro Prieto open pit gold mine and directing future exploration on the underexplored property to increase resources and reserves to allow the Company to extend the project’s mine life.” States Ralph Shearing,
Radius now has two rigs on the property with drilling advancing, although at slower rates than anticipated. Diamond drill holes 2 and 3 are in progress…
Work has focused on the Rhyolite Dome area and has moved westward toward the copper-bearing gossans of the Laminas zone which may represent a Cu-rich stringer zone in the footwall of a VMS deposit.
Mr. Looper brings a wealth of experience and expertise to the Company’s leadership team, with an impressive track record in the oil and gas industry and a commitment to sustainable and innovative energy solutions.
“Ultimately, this current resource statement is just the first, conservative iteration of the geological potential across the broader Santana property with a goal of the current starter mine being a source of organic funding to prove up the greater potential of the area.”
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