Month: April 2024

Fred Davidson, President & CEO of IMPACT, stated, “In 2023, we were able to leverage our silver producing assets and add meaningful new gold production resulting in strong revenue growth on a year over year basis. We integrated the acquisition of the Plomosas mine and are in the process of bringing it back online and expect this high-grade zinc operation to meaningfully add to the Company’s financial results going forward. Notwithstanding, inflationary pressures across the operation and throughout the supply chain, continued to negatively impact profitability.”

“Q1 represented a strong start to 2024 from a safety and production stance, with continued strong production from Santa Elena and an encouraging outlook for La Encantada,” said Keith Neumeyer, President & CEO. “I am proud of the safety performance that we are achieving across our operations while delivering on our production plans. Santa Elena continues to exceed our expectations with another quarter of robust production.”

Infinitum Copper Corp. is pleased to announce that it has received acceptance from the TSX Venture Exchange of the previously announced consolidation of the issued and outstanding common shares of the Company at a ratio of two pre-consolidation Common Shares for one post-consolidation Common Shares.

Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 388,500 common shares of Discovery Silver Corp. over the Toronto Stock Exchange (representing approximately 0.1% of the outstanding shares on non-diluted basis) at a price of $0.90 per share for aggregate consideration of $349,650.

Excellon Resources Inc. is pleased to announce that, further to the Company’s news release dated April 4, 2024, it has closed the first tranche of its previously announced non-brokered private placement offering of units of the Company for aggregate gross proceeds to the Company of approximately $709,574.

“We are excited to be able to move ahead with our El Oro Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “With KCA’s experience in Mexico, and their proprietary recovery process, we anticipate a fairly rapid development timeline.”