Month: January 2022

“The acquisition of Pitarrilla, one of the world’s largest undeveloped silver projects, accelerates our vision to become a premier senior silver producer,” said Dan Dickson, Endeavour’s Chief Executive Officer. “We now have a tremendous growth pipeline, which in addition to Pitarrilla includes the Terronera and Parral projects, in a country where we have extensive experience and expertise.”

“In 2021, Radius took many important steps towards advancing the Company’s assets. Drilling and other exploration work on Radius’s projects in Mexico and Guatemala delivered outstanding results that could prove to be transformational. Our exploration success has advanced our projects significantly and positioned Radius to provide significant return for our shareholders. We look forward to continuing that success in 2022,” Radius’s President and CEO Bruce Smith stated.

USAC’s President commented, “The Company’s expertise in the processing and refining of antimony combined with the continuing plant improvements made possible with last year’s financing have had a positive effect on sales and earnings. I also note that the Rotterdam average price for antimony has increased and appears stable at the highest prices in the past 9 years.”

Riverside’s President and CEO, John-Mark Staude, stated: “We are excited by the good targets in Mexico and Canada and the strong team of people including our financing partners as we move ahead for an active first quarter of 2022 and throughout this coming year. Having strong treasury of over $5M with no warrants and no debt, Riverside has an excellent balance sheet as well as an ambitious technical outlook.”

Warren Rehn, Golden’s President and Chief Executive Officer, commented, “2021 was an exciting and successful year for Golden Minerals, as it marked our progression to junior gold-silver producer from exploration company based on our Rodeo Mine start-up and excellent production record. Exceeding our production guidance for the year is a testament to the success of our very capable mining team through the planning and execution stages of the mine start-up and into full production. We are well positioned to continue our growth strategy in 2022 based on our forecasted continued production from Rodeo and from the possible re-start of our Velardeña mining operation.”