N. Eric Fier, CEO commented, “For a second consecutive year since declaring commercial production, the Las Chispas operation has exceeded expectations on numerous operational metrics and done so in a safe manner, with no lost time injuries recorded. These outstanding achievements are a direct result of the exceptional efforts by our employees in Mexico and Canada and I would like to thank them all for their contributions in 2024.”

“At current metal prices we expect to generate strong operating cash flows that will fund our capital investment program and service our debt obligations. Most importantly, I believe we are poised to continue delivering strong long-term value for all shareholders.”

“This milestone achievement is a testament to the dedication and vision of the entire Avino team,” said David Wolfin, President and CEO of Avino. “It underscores our firm commitment to responsible development and transformational growth. The receipt of all required permits marks the culmination of lengthy collaboration with Federal and State regulators, as well as meaningful engagement with community leaders.”

“As we look ahead to 2025, our strategic focus remains firmly on advancing the commissioning of our Terronera project and integrating it into our production profile,” commented Dan Dickson, Chief Executive Officer.

Jorge A. Ganoza, President and CEO of Fortuna, commented, “Fortuna successfully built, expanded, and operated the underground San Jose mine for thirteen years, developing it into one of the 12 largest primary silver producers in the world for several years.”

“2025 will be a pivotal year for Torex with the conclusion of the Media Luna Project only a few months away, marking the start of our next chapter at Morelos. For the first time, we will have simultaneous production from both the north and south sides of the Balsas River, and we will also become a meaningful copper producer with the metal representing approximately 20% of the guided 2025 production.”

Gatos Silver, Inc. today announced that Gatos Silver’s stockholders have voted to adopt the proposal related to the previously announced merger agreement between First Majestic Silver Corp. and Gatos Silver.

“With the solid finish to the year, we met both our quarterly and increased annual production guidance. Production increased 7% from 2023 to a record 567,000 ounces and combined with strong margin expansion, we generated record revenues and free cash flow while investing in high-return growth,” said John A. McCluskey, President and Chief Executive Officer.

First Majestic Silver Corp. is pleased to announce that, in connection with the Company’s acquisition of Gatos Silver, Inc., the Company’s shareholders have approved the issuance of up to 190,000,000 First Majestic common shares to holders of shares of common stock of Gatos Silver in exchange for the acquisition by the Company of all of the outstanding shares of Gatos Silver.

Inomin has had initial discussions with companies that have expressed interest in potentially partnering or acquiring an interest in the Company’s La Gitana gold-silver property in Mexico.