Starcore International Mines Ltd. is pleased to announce that it has closed its non-brokered private placement, raising $1,200,000 in gross proceeds through the issuance of 6,000,000 units at a price of $0.20 per Unit.
“These drilling results continue to support and guide our exploration campaign and will help the focus on defining the Santo Tomas North Zone” said Richard Lock, Oroco’s CEO.
SilverCrest Metals Inc. is pleased to announce the appointment of Ms. Anna Ladd-Kruger to the Company’s Board of Directors effective immediately. Ms. Ladd-Kruger brings a strong financial background and extensive mining industry experience from her more than 20-year career.
Excellon Resources Inc. is pleased to announce that the NYSE American LLC has accepted the Company’s plan to regain compliance with the continued listing standards set forth in Sections 1003(a)(i-iii) of the NYSE American Company Guide.
Golden Minerals Company has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the second quarter of 2022.
Allen Palmiere, President and CEO said “Production remains solid at the Don David Gold Mine in Mexico and the feasibility study continues to advance at the Back Forty Project in Michigan. While the volume of tonnes processed during the quarter dipped at DDGM, grades and recoveries helped ensure we delivered another quarter of over 10 thousand gold equivalent ounces.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “It is very exciting to see exploration concepts, like the potential for additional high grade precious metal mineralization extending to the SE of San Marcial, come to fruition. Recent results not only demonstrate this potential but also the potential for targeted infill drilling to capture the presence of near-surface, high-grade Ag and Au zones in the upcoming NI 43-101 update. Ongoing drilling is certainly proving the importance of understanding the structural controls on high-grade mineralization, with mounting anticipation of new discoveries as the geological onion is peeled.”
“Parral production continues to trend higher to normal rates and continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration expenditures,” said Brad Langille, President and CEO.
Tony Makuch, Interim CEO, states: “Our drilling in the far northeast of the deposit continues to intercept zones of high-grade mineralization well beyond the limits of our current resource. This current set of drillholes includes the two northeasternmost holes we have drilled on the deposit.”
Tarachi Gold Corp. is pleased to present an update on the progress of its Magistral Mill and Tailings Project in Mexico as well as other ongoing corporate development initiatives.
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