“We are very pleased to see such positive shareholder support for our accretive acquisition of Yamana,” said Michael Steinmann, President and Chief Executive Officer of Pan American. “This is a transformational and strategic transaction for Pan American that will strengthen the Company’s position as the leader in silver and gold production in Latin America.”
GR Silver Mining Ltd. announces that it proposes to undertake a non-brokered private placement of units at a purchase price of $0.10 per Unit, to raise total gross proceeds of up to $3 million.
Thomas A. Doyle, President, CEO, stated “The acquisition of Quitovac gives Aloro a strong exploration presence in the Mojave-Sonora Megashear. I look forward to the news flow from this area as well as updates coming from Los Venados as Alamos Gold continues their exploration as part of their US$5,000,000 Option Agreement.”
“We are pleased with the results from the Santana gold project during our first year of operations in 2022. Despite the difficulties that presented themselves during the year, both capital and operating costs continue to meet our expectations and provide a sound basis to inform the Company’s plans for the development of the upcoming Cerro de Oro project,” stated Darren Koningen, CEO.
N. Eric Fier, CPG, P.Eng, and CEO, stated, “We are very pleased with our progress at Las Chispas. Within five months of our first metal pour we declared commercial production, refinanced our previous project financing facility, which we did not fully draw, and reduced our total debt outstanding from $90 million to $50 million. As we begin 2023, our focus is on generating revenue and using established cost controls to maximize free cash flow and pursue growth opportunities.”
Excellon Resources Inc. is pleased to announce that effective January 31, 2023, the Company’s common shares will commence trading on the OTCQB Venture Market in the United States, under the symbol “EXNRF”.
“The 2022 infill drilling of the sulphide extension of the Camino Rojo deposit has consistently generated exceptional gold intersections enhancing future development opportunity scenarios and potential to grow the resource at depth”, stated Sylvain Guerard, Orla’s Senior Vice President, Exploration.
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
