John MacKenzie, CEO of Capstone, commented, “Our mines got off to a solid start in the first quarter as we executed on our operating plans and delivered strong financial results. The copper market has entered into the early stages of a new era, and we are positioned extremely well as our flagship Mantoverde mine ramps up to full production.”
Minaurum Gold Inc. is pleased to announce that the Company has completed its previously announced “best efforts” private placement for gross proceeds of C$5,696,250 from the sale of 22,785,000 units of the Company at a price of C$0.25 per Unit.
“While we continue actively progressing near-term cash flow opportunities from our Mexican assets, we are also very excited to advance our growth strategy by actively seeking out gold and silver projects with promising exploration potential in Peru,” says Joanne Freeze, President and CEO of Xali Gold.
“Coeur began 2024 with solid first quarter production in a catalyst-rich year for the Company,” said Mitchell J. Krebs, President and Chief Executive Officer. “This strong start, highlighted by the achievement of commercial production at Rochester at the end of the first quarter, puts us in a great position to achieve full-year 2024 guidance and begin generating positive free cash flow in the second half of the year.”
Dr. Craig Gibson commented: “My position as President and CEO was intended to be temporary during Prismo’s startup, as my strength has always been advancing projects through exploration work. I think this is the time to make the change, and I welcome Steve and Alain to their new positions.”
“I am pleased to welcome Natasha Frakes to the Empress team as Vice President Investor Relations, ” stated Alexandra Woodyer Sherron, CEO & President of Empress Royalty. “We are excited to leverage Natasha’s extensive experience in public communications and her proven ability to foster strong relationships with investors while also leading effective marketing programs.”
The Cosalá Operations produced approximately 295,000 ounces of silver, 2.8 million pounds of lead and 8.0 million pounds of zinc in Q1-2024, compared with approximately 265,000 ounces of silver, 2.7 million pounds of lead and 7.2 million pounds of zinc in Q1-2023. Silver and zinc production increased by over 10% year-over-year while lead production was essentially unchanged.
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