Vortex Metals Inc. is pleased to announce that it has applied for TSX Venture Exchange approval to increase the size of its previously announced private placement financing to 19,444,444 units at $0.09 per Unit for aggregate gross proceeds of up to $1,750,000.
“We are pleased with the high quality of the drill core being recovered to date from the first holes from the El Pillado target by Diamond Drills Mexico S.A. de C.V. based in Hermosillo, Sonora, Mexico, and we look forward to identifying extensions to the previously drilled areas and opportunities for target definition based on the geological and geophysical interpretations for the two new targets.”
“Francois is a strong leader with deep technical experience and a demonstrable track record of improving operating performance. His appointment will further strengthen Newmont’s Executive Leadership Team, adding valuable technological expertise which will be central to our ongoing success as a business,” said Tom Palmer, Newmont President, and CEO.
The updated technical reports cover the Valenciana, San Ignacio, Topia and El Cubo mine assets; importantly, other than as a result of normal depletion from mining activity, none of the previously stated mineral resource estimates have changed.
Reyna Silver Corp. is pleased to announce a non-brokered listed issuer financing exemption (LIFE) private placement of up to 6,250,000 units of the Company at a price of $0.16 per Unit for gross proceeds of up to $1,000,000.
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a best efforts, private placement for gross proceeds of up to C$6,000,000 from the sale of up to 24,000,000 units of the Company at a price of C$0.25 per Unit.
“Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future,” said Newmont Chief Safety and Sustainability Officer Suzy Retallack.
Ernesto Balarezo, CEO of Sierra Metals, commented, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after receipt of the permit to mine below the 1120 level on February 21, 2024, we have already initiated the development activities.”
N. Eric Fier, CEO, commented, “Our first quarter has set the stage for another year of strong operational performance at Las Chispas, with silver sales exceeding plan and positioning us well to achieve 2024 sales guidance.”
Eric Caba, President and CEO of Bear Creek, states, “I am very pleased that the progress made at Mercedes in the fourth quarter of 2023 has continued into 2024. Increasing the grade and reducing dilution has allowed us to reduce costs while maintaining the higher level of production.”
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