Tag: Investor’s Corner

Total Mulatos District Mineral Reserves (including La Yaqui Grande and Cerro Pelon) decreased 170,000 ounces to 1.7 million ounces grading 1.16 g/t Au with mining depletion partially offset by higher grade additions at Cerro Pelon.

This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $142 million to shareholders through dividends and share buybacks. The dividend increase is aligned with the Company’s long-term commitment to returning capital to shareholders and is supported by recent higher gold prices and the Company’s expectation for significant free cash flow growth in 2020 and beyond.

Aztec CEO Joey Wilkins commented, “We are pleased to welcome David and Marc to the Advisory Committee and we look forward to working with them on both our flagship Cervantes porphyry gold (copper) project in Sonora, Mexico and our up-and-coming Tombstone CRD gold-silver-lead-zinc-copper project in Arizona. Marc brings the added dimension of having directed Grayd Resources as CEO through their discovery of the La India gold deposit and consequent sale of Grayd to Agnico-Eagle. David is well-known for his significant contributions to the discovery and development of world class skarn related gold deposits in the Guerrero, Mexico gold belt.”

Camrova Resources Inc., is pleased to report that two Camrova board members, Tom Ogryzlo (Interim CEO) and Wolf Seidler, attended both a Shareholders Meeting and a Board Meeting of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. at site on January 25, 2019. They were presented with an update on operations for 2018 and projections for 2019 and had the opportunity to tour the underground mines.

Dennis Edmonds, Chairman of Alien commented “The results of this recent work in Mexico validate the investment in the Mexican portfolio and provide exciting prospects for future work. At the same time, we continue to explore opportunities in other jurisdictions and commodities and look forward to updating investors in this regard during 2019.”

Evrim Resources Corp. announces that it has granted 200,000 incentive stock options to employees under the terms of the Company’s stock option plan. The stock options are exercisable at a price of $0.32 per share for a period of five years.

Westminster Resources Ltd. announces that it proposes to undertake a private placement to raise gross proceeds of up to $200,000 through the sale of up to 4,000,000 common shares priced at $0.05.

Tahoe Resources Inc. is pleased to announce that earlier today the Mexican Federal Economic Competition Commission approved the proposed transaction whereby Pan American Silver Corp. will acquire all of the issued and outstanding shares of Tahoe. All required regulatory, shareholder and court approvals have been received at this time and the Arrangement is anticipated to be completed on or about February 22, 2019.

The Company has requested that the TSX Venture Exchange extend the expiry date of the warrants for a term of six months, to September 3, 2019. All other terms and conditions of the warrants, including the acceleration clause, remain the same.

“From an operational standpoint, 2018 was another strong year as we exceeded production forecasts at lower than expected unit costs for a seventh consecutive year while growing gold reserves and successfully advancing our Nunavut development projects”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.