Saltillo, Coah. La siderúrgica Altos Hornos de México Sociedad Anónima (AHMSA), con sede en Monclova, llegó a un acuerdo de compraventa con inversionistas extranjeros, que de
“We believe there is excellent potential to extend mineralization beyond the areas that were historically mined at Union and Union Norte. Controlling the historical mine areas and local infrastructure puts us in a position to move ahead more aggressively with other discovery targets within the surrounding areas as well.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb comments, “The upcoming resource estimation is expected to define a significant resource dominated by silver mineralization over broad widths, relatively close to surface or existing underground infrastructure. We consider these attributes to contribute to GR Silver Mining’s competitive advantages, along with project scale and prospectivity, and the management and board skills to take the project to the next level. We anticipate a potential market re-rating related to the resource estimation update, based on scale and quality of resources.”
“Ongoing drilling at Copala continues to demonstrate exceptional continuity of high-grade mineralization,” commented Michael Konnert, President & CEO. “The recently completed infill-drilling program serves to incrementally de-risk the local resource through tighter spaced drilling and provides representative sample material for metallurgical testing.”
“The results of the Q4 2022 drilling are very promising and have confirmed the ongoing 2023 drill program is on the right track to potentially deliver higher grade resources into the near- and mid-term mine plan,” stated Allen Palmier, President and CEO for the Corporation.
“Further geological interpretation and drilling of five advanced generative areas, highlighted today, along with our extensive remote-sensing and field mapping across Los Reyes, are expected to define new mineralized trends conducive to additional gold-silver deposit discoveries.”
“As part of the Company’s effort to focus on prioritizing core assets, we have sold and optioned two non-core Mexican assets and revised mine plans of our three operating mines in Mexico to focus on free cash flow generation. As a result, we suspended mining activities at our El Castillo mine at the end of last year and we expect mining activities at San Agustin and La Colorada will temporarily pause by the end of this year, until land access and permits are received to complete mining of the remaining reserves and resources,” stated Marc Leduc, Chief Operating Officer.
Angel Wing Metals Inc. announces that pursuant to Company’s stock option plan, 500,000 stock options at an exercise price of $0.15 were granted to the certain directors of the Company.
Jody Kuzenko, President & CEO of Torex, stated: “Operational consistency and disciplined cost control resulted in another strong year across all measures for Torex. Record gold production of 474,035 ounces was driven by record mill throughput and record underground mining rates. Our steadfast focus on controlling costs resulted in an impressive all-in sustaining costs margin of 44% for the year, with cost guidance achieved despite persistent inflationary pressures.”
Eric Caba, President and Chief Operating Officer of Bear Creek Mining comments, “We are pleased with the progress at Mercedes. Turning around an operation requires dedication and focus by the entire management team. Improvements in mine production, dilution control and maintenance are being realized and approaching targeted levels; thereby creating confidence that we will realize the potential of Mercedes.”
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