Month: February 2024

Mexican Court Confirms Defiance Ownership of the Tepal Project

Chris Wright, Chairman & Chief Executive Officer declared: “We had always remained confident throughout the judicial process that our rightful ownership rights would be restored. We also understood that the process would take some time as we commenced the legal proceedings in Mexico. Our patience and perseverance has paid off and we are looking forward to advancing this exceptional copper-gold project.”

DigiGeoData Launches New Global Database Research Tool

“Today marks a milestone for DigiGeoData as we unveil our Global Database, a game-changer in the world of mineral resource intelligence,” said Glen Jones, Managing Director. “The Global Database redefines how our clients explore and interact with data, offering them unparalleled depth, accuracy, and usability.”

Silver Viper Appoints Taj Singh as Chair of the Board

Silver Viper’s President and CEO Steve Cope states: “Taj is an accomplished leader with a proven track record, and we are delighted to welcome him on as Chair of Silver Viper’s Board. He brings considerable technical, strategic, and financing experience, as well as significant first-hand knowledge of operating successfully in Mexico.

Hecla Reports Exploration Results and Reserves

“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.”

Sonoro Gold Announces Revised $1 Million Private Placement

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.

Silver Dollar Samples Up to 4,311 g/t AgEQ at its 100%-owned La Joya Silver Project

“We are very pleased with the La Joya target development work and particularly the stellar sampling results that have now delineated the Central Dyke Zone over a strike length of 770 metres,” said Michael Romanik, president of Silver Dollar. “Notably, sample 161 from the Hueco Grande working returned our highest grade to date on the Property at 152.07 ounces per tonne silver equivalent.”

Vizsla Silver Reports Additional High-Grade Intercepts at La Luisa

“Ongoing drilling continues to demonstrate mineralized continuity at La Luisa,” commented Michael Konnert, President and CEO. “La Luisa is the newest structure to be included in the Panuco Project resource base and hosts some of the highest gold grades discovered to date in the district. Given it is situated within the same vein corridor as the three-kilometer-long Napoleon, we continue to test the extents of La Luisa mineralization, which has only been traced for a kilometer and a half and remains open in all directions beyond the January 2024 resource boundary.”

Guanajuato Silver Produces 329,934 Silver-Equivalent Ounces in January 2024

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.”

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