Tony Makuch, CEO, states: “We are extremely pleased with the results from our Pre-Feasibility Study. The PFS positions Cordero uniquely in the silver developer space with a long mine life of 18 years and production averaging over 35 Moz AgEq in the first 12 years of the mine life.”
“We have now delineated approximately 60 million ounces of silver and 508 thousand ounces of gold in the indicated category and 70 million ounces of silver and 496 thousand ounces of gold in the inferred category with significant upside potential remaining in the district.”
“Information collected from the bulk sample and metallurgical test work will give investors even more confidence in the potential of the project and show the possibilities to produce gold and silver from Pilar.”
Discovery Silver Corp. is pleased to announce that Tony Makuch has been appointed Chief Executive Officer effective immediately. Mr. Makuch had been the Interim CEO of the Company since June 2022.
“Hole 118 represents not only the best drill hole drilled by our team at Los Ricos, but it is also the best hole ever drilled by any member of our technical team on any of our previous projects,” said Brad Langille, President and CEO.
As announced on December 8, 2022, the Company previously issued 1,673,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $334,600 under the Offering.
“The Company reached a new annual production record of 31.3 million AgEq ounces in 2022 primarily due to the significant increase in production from the Ermitaño mine at Santa Elena,” said Keith Neumeyer, President & CEO.
Mr. John Antwi, President and CEO of Bendito, commented: “The Bendito Resources team is pleased with our partnership with MTS to unravel the geology of the Oposura deposit and then target the expansion potential of the mineral resource.”
The Technical Report summarizes the mineral resource estimate for La Negra and the results of the preliminary economic assessment in respect of La Negra that concluded there was adequate detail and information to support a positive economic outcome and recommended restart of La Negra.
“Our Geoscientific exploration approach continues to work, and the more we explore La Gloria, the more excited we get about its potential. The known size of the mineral systems at our main targets are now all multiple square kilometers,” said Michael Wood, CEO of Reyna Gold.
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