Month: February 2023

Prime Mining Corp. is pleased to announce that it has granted a total of 700,000 incentive stock options and 307,838 deferred share units in accordance with the long-term incentive plan adopted by the Company.

John MacKenzie, CEO of Capstone, commented, “We achieved several major milestones in 2022 following the Capstone/Mantos merger in late Q1 including the successful integration of the two companies, the release of our MV-SD District Integration Plan, the ramp-up at Mantos Blancos, and tremendous progress at our transformational Mantoverde Development Project (“MVDP”), which remains on-time and on-budget.”

Newmont Corporation today announced that Natascha Viljoen will join the Company’s Executive Leadership Team as Executive Vice President and Chief Operating Officer upon completion of her notice period of up to 12 months.

Mr. Balarezo concluded,“I am encouraged by the production improvements during the fourth quarter. Our primary goal in the new year is to ramp up production at Yauricocha, stabilize production at Bolivar and optimize Cusi’s production.”

Esperanza Silver de Mexico S.A. de C.V., General Manager, Jos Hantelmann states, “There are many stakeholders in a mining project but none are more important than the local community within which a project resides.”

“Our December financial statements highlight one of the key strengths of our Company – which is our strong balance sheet which continues to allow us to advance our Los Ricos project. Subsequent to our quarter end, we closed a bought deal financing which further strengthened our balance sheet, with over $100 million USD in cash as of today,” said Brad Langille, President and CEO.

“Hecla’s silver reserves are an all-time high,” said Phillips S. Baker, Jr., President, and CEO. “In the past 15 years, we have replaced the 213 million ounces mined and yet have almost 5 times the reserves we had at the start of 2008.”

“We are very excited to fulfill, in partnership with Colibri, the Phase 1 exploration drilling program and technical reporting to earn our combined 50% interest in Diamante. There are numerous defined drill targets and other prospective areas offering future potential for mineralization of several genetic styles with precious and base metals,” said Greg Davison, Silver Spruce Vice-President Exploration and Director.

Reyna Silver Corp. is pleased to announce the closing of the first tranche of its previously announced “bought deal” private placement of units for gross proceeds of C$4,999,800.

Allen Palmiere, President and CEO, said, “2022 was a challenging year for the Company on a number of fronts; however, we made excellent strides with our operations, capital and exploration programs.”