“The geological mapping program to cover the main area of interest on the Francisco Villa Ejido has now been completed,” said Dr. Craig Gibson, President and CEO of the Company. “The next phase of our exploration program is ongoing and focuses on detailed mapping and sampling on individual mineralized areas and drawing up a drilling program planned for the first half of 2023.”
GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 28,900,000 common shares at a price of C$2.25 per Common Share, for aggregate gross proceeds of approximately C$65 million.
Dustan E. McCoy, Lead Independent Director, said, “I am pleased to welcome Kathleen to the Freeport Board. The Board has interacted extensively with Kathleen over her long tenure at Freeport and has benefitted immensely from the depth and breadth of her expertise, financial and operational insights and strategic vision.”
The company has encountered several setbacks which has negatively affected production in Q4.
Greg Smith, President & CEO of Equinox Gold, commented: “Equinox Gold has made substantial progress in understanding our carbon footprint and identifying opportunities for improvement. We are pleased to deliver our strategy to achieve a 25% reduction in GHG emissions by 2030, as outlined in our inaugural Climate Action Report.”
Chief Executive Officer, Daniel Kunz commented, “2023 is a big year for Prime, with release of the upcoming mineral resource estimate and a planned initial 35,000-metre drilling program.”
MAG Silver Corp. announced today that it has completed its previously announced bought deal public offering and has issued 2,905,000 common shares including 170,000 Common Shares issued upon the partial exercise of the over-allotment option, at a price of US$14.65 per Common Share for gross proceeds of US$42,558,250.
Mel Herdrick, Vice President of Exploration added “The SRK analysis and estimation of Cerro Caliche resources has been completed to very high standards so that Sonoro can move confidently forward with advancing the project towards production.”
“Our team continues to advance our understanding of the mineralization at Yoquivo. These last holes from the 2022 program continue to return high-grade gold and silver assays from both the Pertenencia and San Francisco vein systems, and with each new drilling campaign we continue to discover additional veins and extend mineralization to greater depths than previously recognized,” said Warren Rehn, President and Chief Executive Officer of Golden Minerals.
“Alamos Gold was founded 20 years ago this month with a market capitalization of less than $50 million, the Mulatos project, and a vision. Today, Alamos is a growing, diversified intermediate gold producer with a market capitalization of more than $4 billion, and a long-term track record of creating value for all of our stakeholders.”
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
