Octavio Alvídrez, CEO said: “I am pleased to report a solid financial performance for Fresnillo in 2024, underpinned by higher precious metal prices, operational discipline, and a continued focus on cost efficiencies. This result is testament to the hard work and diligence of our teams on the ground, who have delivered another year of operational consistency.”
American Silver Corp. announces that the Toronto Stock Exchange has accepted the Company’s notice of its intention to renew its normal course issuer bid to purchase up to 18,107,917of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 28, 2025.
“We are delighted to welcome Ms. Pommeraud to the Board. Her expertise in corporate strategy will play a critical role in shaping Odyssey’s long-term vision for sustainable mineral sourcing, supporting the clean energy transition, and ensuring a stable phosphate supply to strengthen global food security,” said Mark Gordon, Odyssey’s Chief Executive Officer and Chairman of the Board of Directors.
After detailed geological, geochemical and geophysical data modelling in partnership with leading geological experts, the Company has identified multiple new drill targets in the vicinity of the San Marcial Resource Area.
President, Scott Emerson, commented: “We have now completed geochemical sampling over our targeted zones. As previously noted on the Soledad structures and now at Silvia and Plata, the presence of high-grade samples hosted in intrusive, volcanic and sedimentary rocks confirm these are highly prospective areas for drilling in our upcoming drilling campaign.”
Oroco Resource Corp. is pleased to announce the closing of a non-brokered private placement raising gross proceeds of $2,303,555.75 through the sale of 9,214,223 units at a price of $0.25 per unit.
With over 18 years of experience in senior leadership roles, prior to his appointment as Chief Operating Officer, Mr. Torrecillas served as Executive Chairman and President of Santacruz’s Bolivian operations since March 2022.
Alberto Orozco, Capitan’s CEO stated: “I am very excited about the upcoming restart of drilling at the Cruz de Plata project. Over the past several months, our technical team has been diligently refining and enhancing our understanding of key drill targets. With the successful closing of our recent financing, we are now positioned to begin testing these targets as we continue to evaluate the project and generate new opportunities. I have great confidence in the geology and strong potential of Cruz de Plata, and I believe this next phase of work will be instrumental in unlocking its value.”
John Skeet, Mithril’s Managing Director and CEO commented: “Drilling at La Soledad in the Target 1 area has continued to produce exceptional results for this silver and gold rich multi-level historic mine area. The La Soledad structure is open at depth and to the north-west with the opportunity to locate additional ‘ore shoots’ along strike.”
In aggregate, the Company has issued 37,749,899 Units for aggregate gross proceeds of $2,831,242.43 to date in the Offering, inclusive of the first closing, second closing and third closing.
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