Freeport-McMoRan Inc. announced today the appointment of Kathleen L. Quirk as President and Chief Executive Officer to be effective at the annual meeting of shareholders on June 11, 2024. Ms. Quirk will assume full responsibility for executive management of the business reporting to the FCX Board of Directors.
Sonoro Gold Corp. announces a non-brokered private placement offering consisting of up to 22,222,222 units at a price of C$0.045 per Unit, for gross proceeds of up to C$1,000,000.
Dr. Craig Gibson, President and CEO of the Company, stated, “The alteration study provides further evidence that our hypothesis for a downward offset of the northeastern portion of the Palos Verdes vein is correct. Our drilling has shown that the large high-grade mineralized shoot identified on the vein terminates abruptly against this northeast structure, indicating that mineralization was cut by it and offset to deeper levels. The deep drilling to be conducted from our Strategic Partner Vizsla Silver’s ground is designed in part to explore this concept and will target the Palos Verdes vein at depth.”
Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Drilling at the Z-T Area has discovered a new high-grade mineralized zone of over 350m, along strike to the southeast of the Tahonitas resource pit and has also extended two separate high-grade plunges in this area by an additional 70 to 80m down-dip. Mineralization here now continues 300m down-dip from the May 2023 resource pits. We are excited to see the potential of this expansion target evolve.”
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