Mr. John Antwi, President and CEO of Bendito, commented: “The Bendito Resources team is pleased with our partnership with MTS to unravel the geology of the Oposura deposit and then target the expansion potential of the mineral resource.”
The Technical Report summarizes the mineral resource estimate for La Negra and the results of the preliminary economic assessment in respect of La Negra that concluded there was adequate detail and information to support a positive economic outcome and recommended restart of La Negra.
“Our Geoscientific exploration approach continues to work, and the more we explore La Gloria, the more excited we get about its potential. The known size of the mineral systems at our main targets are now all multiple square kilometers,” said Michael Wood, CEO of Reyna Gold.
The San Pedro project covers an area of high-sulphidation acid sulphate lithocap alteration (north area) as well as an area of brecciation and sulphide development with elevated base and precious metals on the southern portion of the project.
Rick Trotman, President and CEO of Barksdale stated, “We are extremely grateful for our strong shareholder support in 2022 and we look forward to maintaining this traction and delivering value throughout 2023.”
“We are delighted that Larry has agreed to join GR Silver as an independent director,” stated Eric Zaunscherb, CEO and Chair of the Board. “Larry’s extensive experience as CFO of MAG Silver is directly applicable as GR Silver advances and de-risks the Plomosas Silver Project in Sinaloa, Mexico.
“We are very excited to be partnering with a local Mexican mining group who will not only provide both the investment and expertise to make the SDA Plant fully operational but also provide the initial gold and silver bearing mineralization to process,” says Joanne Freeze, President and CEO of Xali Gold.
“The holes which we have been drilling in El Favor, along with our large resource and the data which we’ve collected over the last two years of drilling, will be invaluable when included with our upcoming preliminary economic analysis study,” said Brad Langille, President and CEO.
The Company intends to use the net proceeds from the Offering to acquire and advance the Ana Paula development stage, gold project as well as for working capital and general corporate purposes.
“I am very pleased with our team’s efforts to deliver production results in line with our guidance for 2022. Q4 2022 results were led by strong production at Shahuindo and La Arena, as expected,” said Michael Steinmann, President and Chief Executive Officer.
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