Day: February 13, 2024

“Hecla’s silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year’s all-time highest reserve, and gold resource is the highest in our history,” said Phillips S. Baker, Jr., President and CEO. “The 2023 exploration program successfully expanded our reserves at Keno Hill and Lucky Friday and expanded mineralization at Greens Creek.”

Orex’s President & CEO, Ben Whiting, P.Geo., said; “This is a time of opportunities in the Mexican Mining Industry. As such, we are looking at under-explored prospects in the major mineral belts. The Valenciana Mining District fits that description, and this is an excellent opportunity to restart exploration at Valenciana.”

oro Gold Corp. announces it has revised the pricing of its previously announced non-brokered private placement offering. The offering will now consist of up to 20,000,000 units at a price of C$0.05 per Unit, for gross proceeds of up to C$1,000,000.

James Anderson, Chairman and CEO, said, “The processing of 3rd party mineralized material is already having a substantial impact on total production output; furthermore, El Horcon is generating consistent results and was responsible for over 3% of total AgEq production for the month. These two sources of mineralized material represent a significant component of total production and have contributed to generate our highest volume of silver-equivalent production since May 2023.”

“In 2023, we delivered on several important goals starting with a successful drill program which focused on the area below Level 17, the current deepest workings at the Elena Tolosa area of the Avino system”, said David Wolfin, President and CEO. “The program followed the continuity of the steeply dipping mineralization and is a step forward in understanding the deep source of the mineralization. In addition, we were ecstatic to report the best drill intercept in Company history.”