Coeur Mining, Inc. today announced the completion of three initiatives to bolster its liquidity and materially enhance its balance sheet flexibility as it advances the transformational expansion of its Rochester silver and gold operation in Nevada.
“Recent drill success has put us in a favourable position as we continue to expand and define the extent of the mineralized system at Pilar.”, commented CEO, Brodie Sutherland. “These funds will ensure continued advancement of Pilar along with exploration at El Picacho to define drill targets.”
Carlos Silva, CEO of Santacruz, stated, “During 2021 the Zimapan and Rosario mines generated a gross profit of US$10.3 million as compared to US$1.0 million in 2020, however; a one-time administration expenses and Mexican income tax-based adjustments resulted in an overall consolidated net loss of US$11.6 million. Production for silver, zinc and copper, increased in 2021 when compared to 2020.”
Orex’s President & CEO, Ben Whiting, P.Geo., states: “It is good to start a new phase of exploration on this target rich precious metals property. We also appreciate this opportunity to work with our talented joint venture partners to advance the Sandra Project.”
Oroco Resource Corp. announces that pursuant to the Company’s Stock Option Plan and subject to approval by the TSX Venture Exchange, the Company has issued a total of 6,850,000 incentive stock options at an exercise price of $2.05 per share with a term of three years.
Riverside’s President and CEO, John-Mark Staude: “We are delighted Wendy has joined the diverse Riverside Resources board and brings a passion and skill for major transactions and corporate growth which fits with Riverside’s overall push to move along the discovery and mineral development pipeline with its copper, gold, silver and other assets.”
“It gives me great pleasure to welcome Janet to the Empress team as Chief Financial Officer,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.”
“With only 9 holes reported to date, assay results are showing excellent continuity of the Jesus María vein and further definition of the Gully Fault zone. We have also identified new veins and mineralized zones in the footwall of the Jesús María vein, which we feel, demonstrates the significant potential to expanding this compelling silver opportunity at our Cruz de Plata project.”
“Today’s announcement propels Sandstorm forward in both size and scale while solidifying Sandstorm’s position amongst its peers as the highest-growth streaming and royalty company.”
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