Month: March 2023

Sun Summit Mourns The Loss Of Chairman And Co-Founder, R.Stuart Angus

“Tookie was a mining legend who brought remarkable passion, experience, and humour to every project he chose to pursue. His guidance, vision, and commitment to the success and growth of the Company will be greatly missed” stated Sharyn Alexander, Sun Summit’s President.

Osisko Development Reports Fourth Quarter and Year-End 2022 Results

Sean Roosen, Chairman and CEO, commented, “2022 was a transformational year for the company with the addition of another cornerstone asset, the Tintic Project, to our portfolio of advanced stage brownfield projects in top-tier mining jurisdictions, facilitated by strong shareholder support in our financing efforts.”

Capstone Copper and Orion Announce C$285 Million Secondary Bought Deal Offering of Common Shares

Capstone Copper Corp. and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance Fund I-A LP jointly announce that they have entered into an agreement with a syndicate of underwriters led by National Bank Financial and Scotiabank under which the Underwriters have agreed to purchase, on a bought deal basis from the Selling Shareholders, 50,000,000 common shares of Capstone at a price of C$5.70 per Common Share for gross proceeds to Orion of approximately C$285,000,000.

Southern Silver Provides Mineral Resource Update that Includes Newly Identified Shallow High-grade Deposit at the Cerro Las Minitas Project

Vice President of Exploration, Rob Macdonald stated “ This latest resource update represents one more step in the continued evolution of the Cerro La Minitas project through the identification of further shallow, high-grade mineralization which is accretive to the existing mineral resources on the property and adjacent to the planned project infrastructure.”

Discovery Intercepts 241 g/t AgEq over 39 m in Feasibility Study Drilling at Cordero

Tony Makuch, CEO, states: “Our recent Pre-Feasibility Study outlined the potential for Cordero to become a top three primary silver mine globally based on average annual production of 33 Moz AgEq over an 18-year mine life. Our follow up drilling since this study demonstrates there is further growth potential still to be realized within our upcoming Feasibility Study.”

All News