In 2023, Riverside Resources plans to take advantage of its strong balance sheet and sound portfolio of JV-ready projects. Furthermore, the royalty portfolio growth of the past 12 months puts Riverside in a unique valuable position heading into this year.
The Company issued 4,080,486 units for gross proceeds of C$1,734,206.55 in the second tranche for a total Offering of 20,032,682 Units for gross proceeds of C$8,513,889.85.
Richard Lock, Oroco’s CEO, commented: “We are very pleased with the results of the first 43 drill holes of our 2021-2022 North Zone drill program. They have confirmed and expanded the higher-grade, near-surface mineralization amenable to early-year open-pit mining.”
“In 2023, we are entering our ninth year of production at Parral. Our operations team have proven their ability in delivering a consistent, safe, environmentally friendly operation.”
Golden Minerals Company has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the fourth quarter ending December 31, 2022 and full year 2022.
“As we had indicated throughout the year, we chose to prioritize mining higher grade zinc and lead areas at the Cosalá Operations to maximize revenue given the prevailing prices for both zinc and lead versus silver,” stated Americas President and CEO Darren Blasutti.
“We achieved commercial production at our new Santa Luz Mine in Brazil, commenced permitting for the Castle Mountain Phase 2 expansion, advanced the feasibility study and permitting for development of the Aurizona underground deposit, and demonstrated the potential for a significant expansion at Los Filos.”
Chief Executive Officer, Daniel Kunz commented, “This drilling served two purposes – to continue to grow the Resource pits by discovering high-grade extensions along strike and down dip through step-out drilling and to confirm the confidence in our upcoming Resource report through infill drilling. These results support our view that the Z-T area current resource pits are merging into a more continuous single pit.”
Dale Andres, CEO of Gatos Silver, commented: “Our excellent results reflect the quality of the CLG assets and the management team’s ability to improve operations and maximize cash flows.”
Radius Gold Inc. is pleased to announce that Adam Buchanan has been appointed VP, Corporate Development.
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