“Camino Rojo’s continued outperformance has given us the confidence to increase annual production guidance in our first operating year,” said Jason Simpson, President and Chief Executive Officer of Orla. “During the quarter, we were also pleased to complete the acquisition of Gold Standard, strengthening our growth pipeline.”
“With this being the first drill season at El Picacho for Tocvan we are excited to update our shareholders on yet another prospective drill target, Jabali,” stated Brodie Sutherland, CEO.
Richard Lock, CEO, commented: “We continue to be very pleased with our drill results as they recently confirm shallow mineralization in the South Zone 2,000 meters further along strike, demonstrating the potential to add significantly to the combined North Zone and South Zone mineral resource estimate.”
James Anderson, Chairman and CEO said, “Economic success of our operations is driven by grade, and the identification of another gold-rich transverse vein that can rapidly enhance our mining schedule further demonstrates the considerable potential remaining at El Cubo.”
Golden Minerals Company today provided financial results and a business summary for the quarter ending September 30, 2022.
“We delivered our strongest quarterly production in recent history and increased our mill throughput by 37% from the previous quarter to over 160,000 tonnes. This reflects our steady ramp up at the Avino mine,” said David Wolfin, President and CEO.
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