“We expect to announce expanded resources from both El Limón Sur Deep and Sub-Sill South when year-end 2022 mineral reserves and resources are published in March. Infill drilling planned for 2023 will be aimed at bringing these underground mineral resources into reserves.”
“Argonaut’s focus at this time is our cornerstone asset, the Magino mine in Ontario Canada that will transform the Company to a low-cost, intermediate producer. This agreement allows Argonaut to potentially unlock value in two non-core Mexican assets and provides Argonaut with a very attractive upside for its shareholders,” said Larry Radford, President and CEO of Argonaut Gold.
Heliostar CEO, Charles Funk, commented, “The acquisition of this portfolio transforms Heliostar into a mine development company. This is a significant milestone towards our ultimate transformation into a high-margin gold mining company.”
Prismo Metals Inc. is pleased to announce that the private placement announced earlier today of up to 5,800,000 units at a price of $0.52 per Unit, for maximum aggregate gross proceeds of up to $3,016,000 has been fully allocated.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
