“This new discovery underscores the strong potential for new wide, high-grade silver and gold mineralization in the Panuco district, which has historically seen limited systematic exploration,” commented Michael Konnert, President & CEO.
Silver Dollar Resources Inc. has, subject to regulatory approval, granted stock options to directors, officers and consultants to purchase up to 2,050,000 shares of the Company at a price of $0.30 per share until March 28, 2030.
For the second tranche, the Company issued an additional 2,583,330 units at CAD $0.30 per Unit for gross proceeds of approximately CAD $774,999. In aggregate, the Company has issued 25,916,664 Units for gross proceeds of approximately CAD $7,774,999 inclusive of the first tranche closing and second tranche closing.
President, Scott Emerson, commented: “The 3D IP Survey both confirmed and further defined key targets and gives us great confidence to have a successful drilling program.”
Americas Gold and Silver Corporation reported increased silver production and revenue for 2024, driven by higher metal prices. The company acquired full ownership of the Galena Complex and appointed Paul Andre Huet as CEO. Despite a net loss of $48.9 million, they expect silver production growth in 2025, supported by the EC120 Project and operational improvements at Galena.
Tony Makuch, Discovery’s CEO, commented: “2024 was a transformational year for Discovery as we work towards becoming a highly profitable North American precious metals producer.”
Al encuentro asistió el presidente ejecutivo, Craig J. Dalziel; el director general, Richard P. Lock; el presidente Ian Graham, y al geólogo Andrew Ware, responsables del proyecto, así como al diputado federal Mario Zamora.
Ernesto Balarezo, CEO of Sierra Metals, commented, “The fourth quarter of 2024 capped off a tremendous year for Sierra Metals. During the quarter, we achieved record throughput rates, which increased metal production leading to record revenue. This, combined with lower costs during a period of higher metal prices, has led to higher margins, an increase in cash flow generation, accelerated capital investments to secure long-term performance, a solid capital structure, and an overall stronger financial position.”
Colibri Resource Corporation is pleased to announce that it has closed a second and final tranche of its non-brokered private placement of units for gross proceeds of $146,500. Combined with the proceeds from Tranche 1, the Company has raised a total of $286,900.
“These meetings, of both an executive and technical nature, have exceeded all our expectations regarding the support of the Mexican Federal Government for the advancement of the Santo Tomás Project. Initiated by Congressional Deputy, Mario Zamora, these meetings have led to the establishment of a clear dialogue with Mexico’s senior economic and mine development decision makers.”
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