Tony Makuch, Interim CEO, states: “We expect 2023 to be a pivotal year for the Company. Our Pre-Feasibility Study is on track for completion later this month and is expected to position Cordero as one of the largest silver development projects globally.”
“We delivered an outstanding year operationally in 2022, surpassing production guidance and achieving record gold production of 474,000 ounces. Our excellent operational performance this year included record annual throughput in the mill of 12,600 tonnes per day (“tpd”) and record annual contribution from the ELG Underground. The results we achieved in 2022 are a direct result of the ongoing hard work, adherence to disciplined systems and processes, and dedication of our team to deliver safe and reliable production on each and every shift.”
Santacruz Silver Mining Ltd. is pleased to announce the appointment of Mr. Gregg Orr, as the new Chief Financial Officer and Corporate Secretary of the Company effective January 9, 2023.
In 2023, Riverside Resources plans to take advantage of its strong balance sheet and sound portfolio of JV-ready projects. Furthermore, the royalty portfolio growth of the past 12 months puts Riverside in a unique valuable position heading into this year.
The Company issued 4,080,486 units for gross proceeds of C$1,734,206.55 in the second tranche for a total Offering of 20,032,682 Units for gross proceeds of C$8,513,889.85.
Richard Lock, Oroco’s CEO, commented: “We are very pleased with the results of the first 43 drill holes of our 2021-2022 North Zone drill program. They have confirmed and expanded the higher-grade, near-surface mineralization amenable to early-year open-pit mining.”
“In 2023, we are entering our ninth year of production at Parral. Our operations team have proven their ability in delivering a consistent, safe, environmentally friendly operation.”
Golden Minerals Company has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the fourth quarter ending December 31, 2022 and full year 2022.
“As we had indicated throughout the year, we chose to prioritize mining higher grade zinc and lead areas at the Cosalá Operations to maximize revenue given the prevailing prices for both zinc and lead versus silver,” stated Americas President and CEO Darren Blasutti.
“We achieved commercial production at our new Santa Luz Mine in Brazil, commenced permitting for the Castle Mountain Phase 2 expansion, advanced the feasibility study and permitting for development of the Aurizona underground deposit, and demonstrated the potential for a significant expansion at Los Filos.”
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