Day: November 16, 2021

Aura Minerals Updates 2022-24 Management Production Targets; 2024 goal remains to exceed 400,000 ounces of GEO

Rodrigo Barbosa, President & CEO, comments: “Our 2021 production guidance indicates an increase of nearly 30% compared to 2020, which confirms our solid and consistent plan to double our production by 2024. As we continue working to improve our current operations to continue growing in 2022, we recently published Matupa’s PEA which now enters its licensing and engineering processes with an aim to start construction in 2023. In addition, we expect Almas to start production in early 2023.”

Maiden JORC Resource 529,000 Ounces @ 6.81 g/t Gold Equivalent – Copalquin District, Mexico

“This is an excellent result for our maiden mineral resource estimate (MRE) from the first 14 months of drilling in the Copalquin District with a single diamond core drill rig. The maiden MRE is robust and high-grade using a cut- off grade (2.0g/t AuEq*) appropriate for underground mining, demonstrating the economic potential for our first target area in the district and advancing Mithril’s goal to become a highly profitable gold-silver producer from high- grade resources.”

GSilver Arranges Early Payment of US$2.5M Note to Endeavour Silver

In consideration for the early payment, Endeavour has agreed to reduce the principal amount of the note by US$25,000 and settle the Mexican value added tax payable on the purchase price for El Cubo represented by the note for common shares of the Company.

Rockland Resources Acquires the Elektra Claystone Lithium Project in Sonora, Mexico

Rockland’s CEO, Mike England stated “The Elektra Lithium Project acquisition represents a decisive move into the battery metal sector for Rockland, in addition to our gold exploration projects. With global lithium demand expected to quadruple by 2025, and with claystone lithium deposits recognized as a significant near-term lithium production source, the acquisition of the Elektra Project is a rare opportunity.”

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