Angel Wing Metals Inc. announces the filing of its restated unaudited condensed interim financial statements for the periods ending March 31, 2022 and June 30, 2022 to account for the change in accounting for the acquisition of Lago de Oro Resources S.A. de C.V. and its El Grande Project announced on March 30, 2022.
Greg Smith, President and CEO of Equinox Gold, commented: “As expected, gold production in the third quarter increased meaningfully from production in the second and first quarters. Costs, however, were higher than expected as the result of persistent global inflationary pressures coupled with lower than planned production.”
Sierra Madre Gold and Silver Ltd. is pleased to announce that, further to the Company’s news release dated May 25, 2022, the Company has entered into an amended and restated share purchase agreement dated October 28, 2022 with First Majestic Silver Corp. in respect of its previously-announced acquisition of a 100% interest in the 39,714-hectare La Guitarra Silver-Gold Property in the Temascaltepec mining district, Mexico through the purchase of all the issued and outstanding shares of La Guitarra Compania Minera S.A. de C.V., a wholly-owned indirect Mexican subsidiary of First Majestic.
Ryan McIntyre, President of Maverix, commented, “We are thrilled to see several of our royalty counterparties announce positive operational updates contributing to our impressive GEO sales this quarter, highlighted by the continued operating success at Camino Rojo as well as further encouraging drilling results at Beta Hunt and Eskay Creek.”
Kootenay Silver Inc. is pleased to announce that the Company has increased the size of its previously announced best efforts private placement (as detailed in the Company’s news releases dated October 18, 2022 and October 24, 2022) from $4,000,000 to $4,347,826 from the sale of up to 48,309,179 units of the Company at a price of $0.09 per Unit.
“Drilling along strike on the new Eagle concession continues to return exceptional results in both high grade and very wide widths. Today’s release of hole 35, along with hole 14 in our last release represent two of the best holes drilled in the Los Ricos district,” said Brad Langille, President and CEO.
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