Tag: Investor’s Corner

CEO John Lawrence said “USAC has invested considerable capital in the exploration, acquisition, permitting, and holding of the Mexican properties. By the end of the year, all of the properties should be in production and revenue from antimony, silver, and gold should be rapidly increasing as a result of our long term investments and strategy.”

The incoming president said he did not intend to raise mining taxes in Latin America’s No. 2 economy, but would better distribute resources gathered under a 2014 mining law that created a tax for mining companies.

Aura Minerals Inc. is pleased to announce that it has filed the NI 43-101 Feasibility Study and Technical Report on the Aranzazu mine located in the State of Zacatecas, Mexico. The FS entitled “Feasibility Study of the Re-Opening of the Aranzazu Mine, Zacatecas, Mexico” was prepared by the Company in collaboration with engineering companies and specialized consultants.

Excellon Resources Inc. is pleased to announce the filing of an indepedent technical report for the Platosa Mine in Durango, Mexico, which has been prepared in accordance with National Instrument 43-101 with an effective date of March 31, 2018. A copy of the technical report is available on both SEDAR at www.sedar.com and the Company’s website at www.excellonresources.com.

Prospero Silver Corp is pleased to announce that it has arranged a US$270,000 (approximately Cdn $356,000) strategic investment from Fortuna Silver Mines Inc., a growth-oriented mid-tier precious metals producer. Fortuna currently owns an aggregate of 10,714,284 common shares of the Company representing an aggregate of 20.32% of the current issued and outstanding shares. Following the completion of the private placement, Fortuna will own 15,460,951 shares in Prospero, or approximately 26.9% of the Company’s issued share capital.

The Company has signed a definitive agreement with Metalla Royalty and Streaming Ltd for the sale of its 2% royalty on the Santa Gertrudis project for cash consideration of US$12 million. The Company has a share option to elect to take US$6M of the purchase price in Metalla common shares at a deemed price of C$0.78 per Metalla common share.

La experiencia de extraer oro sin utilizar sustancias tóxicas como el cianuro puede llegar a revolucionar a la minería del futuro, dejando atrás los viejos sistemas.

Fred Stanford, President and CEO of Torex stated: “With the ELG, ramp-up to steady state nearing completion, this TR incorporates the ramp-up learnings and illustrates that ELG is an asset that produces in the lowest quartile of all in sustaining costs per ounce. The TR also lays out the ground work for growth through the ELG Underground (ELG UG) mine and Media Luna deposit, and through the advancement of the conceptual Muckahi technology.

“We continue to be impressed with our team’s execution as we advance projects on time and on budget through the permitting and development process”, said David Garofalo, President and Chief Executive Officer of Goldcorp. “Goldcorp provides its shareholders with meaningful value growth opportunities over the next decade with reserve and production growth and declining costs from existing mines, and the strongest pipeline of potential large-scale new mines.”