Frederick Davidson, CEO and President of the company, says, “As the year ends I want to thank all of our investors and stakeholders for their support in this financing. We look forward to a strong and expanded exploration program in 2024 as we ramp up operations.”
Silver Viper Minerals Corp. is pleased to announce that it has closed the first tranche of its $2 million private placement announced on December 18, 2023, issuing 5,324,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $532,400.
Despite these challenges, Mexico continues to have fundamental competitive advantages that make its mining industry attractive, including its vast mineral reserves, low operating costs, and an open business environment. These are keeping Mexico an attractive investment opportunity for foreign mining.
“Breakthrough of the Guajes Tunnel is a critical milestone in the development of the Media Luna Project, which remains on track for first concentrate production in late 2024. The Guajes Tunnel will be the primary conduit for transporting ore and waste from the Media Luna deposit on the south side of the Balsas River to the processing plant on the north side and will materially improve efficiencies associated with the movement of employees, contractors, equipment, services, and supplies between both locations.”
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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.
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