“Today’s results continue to de-risk Copala with tightly spaced infill drilling, while incremental step-outs, beyond the recently announced updated mineral resource estimate, highlight the significant expansion/discovery potential remaining in the district,” commented Michael Konnert, President & CEO.
Vizsla Silver Corp. announces that, pursuant to the Company’s Omnibus Equity Incentive Compensation Plan, it has granted 2,130,000 stock options at an exercise price of $1.60 and 1,133,572 restricted share units to directors, officers, employees and consultants of the Company.
Chairman and CEO Frederick Davidson commented, “We are truly pleased to acquire a second mining district after evaluating hundreds of projects over the years in an effort to grow IMPACT. Currently Plomosas is a relatively small mining operation on a large mineral system.”
Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate 6,819,000 Units of the Company at a price of $6.60 per Unit for aggregate gross proceeds of $45,005,400.
Consolidated Zinc Limited is pleased to announce that it has entered into a binding conditional share sale agreement with Impact Silver Corp., a TSX Venture Exchange and FSE listed company domiciled in British Columbia, Canada pursuant to which the Company will sell its 100% legal and beneficial interest in Minera Latin American Zinc S.A.P.I de C.V., a subsidiary of the Company that owns the Plomosas Project, to Impact Silver.
Brian Leeners, CEO of Prime Meridian, stated, “The Cuatro Hermanos Copper Project is currently an 8-square kilometre, at-surface, copper and molybdenum system with near-term soluble copper (SXEW) production potential. The asset in its entirety versus the current value of PMR, represents tremendous leverage to rising copper and molybdenum prices which are beginning to reflect projected deficits in forward supply.”
Infinitum Copper Corp. announces that Matt Hudson has been appointed as President and CEO of the Company effective February 1, 2023.
Jody Kuzenko, President & CEO of Torex, stated: “Development of Media Luna is well underway with the project tracking to schedule and to budget. At year-end, project completion stood at 15%, with first production still anticipated in late 2024.”
Chesapeake Gold Corp. announces that it has filed an amended technical report and preliminary economic assessment titled “Metates Sulphide Heap Leach Project – Phase 1” dated January 13, 2023, with an effective date of December 15, 2022 in respect of the Company’s Metates project.
Barksdale CEO Rick Trotman comments, “We would like to thank all of those that exercised their warrants over the past twelve months. Our great shareholder base, including Teck Resources, Delbrook Capital Advisors, US Global Investors, among others, have ensured that the Company is fully funded to execute our fully permitted San Antonio drilling program as well as to initiate drilling at Sunnyside when the final permit is delivered in the next few months.”
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