Consolidated Zinc Limited is pleased to advise that the Company has undertaken changes to its Board and management to best manage the additional exploration requirements for the Company following the acquisition of the Pilbara Lithium assets, whilst maintaining focus on maximising returns on CZLs investment in the Plomosas Mine in Mexico.
Sean Roosen, Chair and Chief Executive Officer of Osisko Development said, “The Tintic acquisition added another cornerstone asset to the portfolio and enhances our operating platform in a world-class mining jurisdiction. We are excited about the quality of exploration targets at Trixie, and the areas beyond Trixie within the large wholly owned district. At Cariboo, we are pleased with the progress to date. The ongoing work at the project has advanced our permitting process and bringing us closer to further major milestones.”
US Antimony Corporation (USAC) has entered into a Purchase Option agreement with SB Wadley SA de CV. The agreement has been in negotiations since Nov 22 2021 and was finally signed by both parties on 8 Aug 2022.
“In this round of sampling at the southern Ana Maria claim we continue to see high-grade silver, lead and zinc values with a clear NW-SE emerging trend,” said Peter Latta, President.
“We have continued to outperform our mine plans, by delivering an exceptional Q2 with production 15% above plan, stated Dan Dickson, CEO of Endeavour Silver.
Chris Wright, Chairman & CEO, stated: “Our team has been successful at identifying both near-surface and high-grade, vein-hosted silver mineralization, as well as a blind silver-rich zone that is over 45 metres wide, encountered in hole DDLU-22-10. The drilling within the central Lucita license area has demonstrated the continuity of the Palenque vein system over a 4 km vein corridor. This vein system represents an emerging discovery in a world-class silver mining district.”
The net proceeds of the Offering will be used for general working capital and exploration activities on the Company’s Santa Maria property, located in Parral, Mexico.
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