Month: April 2024

Excellon Resources Inc. is pleased to announce a non-brokered private placement offering of up to 7,500,000 units of the Company at a price of $0.18 per Unit for aggregate gross proceeds to the Company of up to $1,350,000.

Rodrigo Barbosa, President and CEO of Aura commented, “We are excited to announce our latest Mineral Resources and Reserves update across our operations, marking an impressive increase across all categories, adding 2.4moz in M&I Resources and 856koz in P&P Reserves. This achievement is a result of our clear strategy to increase production while we increase our Resources and Reserves.

Ramon Perez , President and Interim CEO, commented, “We are delighted to welcome Israel Munoz as VP Finance. Mr. Munoz will work closely with the Company’s CFO, Lisa Dea, to optimize the Company’s finance function, systematize internal controls and implement a new enterprise resource planning system across the Company.”

Sonoro Gold Corp. is pleased to announce that it has closed the final tranche of its over-subscribed non-brokered private placement for additional gross proceeds of C$616,079. Together with the first tranche of the Offering, the Company issued 23,350,009 units at a price of C$0.05 per Unit, for gross proceeds of C$1,167,500.

Three material properties are currently in production: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine. The fourth material property, the Jerritt Canyon Gold Mine, is currently in temporary suspension in respect of mining activities, with the Company currently focused on exploration, definition, and expansion of the mineral resources, and the optimization of mine planning and plant operations.

Discovery Silver Corp. today announced it has filed on SEDAR its National Instrument 43-101 technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024, in respect of Discovery’s Cordero deposit in Mexico.