Month: June 2024

MAG Reports AGSM Results

“On behalf of the Board, management and staff, I would like to thank outgoing director, Dan MacInnis, for his 19 years of commitment and service to the Company,” said George Paspalas, President and CEO of MAG.

Pan American Silver Provides Mid-Year Exploration Update

“At La Colorada, we discovered an entirely new set of vein structures with high silver grades to the east and southeast of the main NC2 vein. At El Peñon, drill results from the Pampa Sur zone bode well for potential mineral resource additions close to the existing mine infrastructure, with additional potential in the largely unexplored southern area of the mine,” said Christopher Emerson, Pan American’s Vice President of Exploration and Geology.

Drilling Commences at the El Oro Tailings Project in Mexico

“We are very pleased that significant work has commenced so quickly on the El Oro Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “The fact that KCA is using Starcore’s already permitted mine plant site nearby for the reprocessing, has potential to allow us to get the El Oro Tailings Project running sooner than expected.”

Almaden Files Request for Arbitration Against Mexico with International Centre for Settlement of Investment Disputes

“We are problem solvers and sought to resolve each challenge presented by Mexico, up until the point the Mexican government cancelled our concessions. This leaves us with no alternative but to pursue international arbitration. We regret this outcome for shareholders, who may still see some benefit from the discovery as we pursue this arbitration. However I lament most heavily this outcome for local people, whom we have worked very closely with over the past two decades, and who have become our friends. They now stand to gain nothing from the Ixtaca project which was developed and designed with their assistance.”

Starcore Commences Environmental Rehabilitation Project in Mexico

Further to its news release of May 13, 2024 Starcore International Mines Ltd. reports that together with Xali Gold Corporation and Kappes, Cassiday & Associates drilling has begun on the El Oro Mine Tailings at El Oro, Mexico, for the purpose of taking a representative sample which will be used to confirm the process flowsheet.

Silver Wolf Closes Life Offering of $1,000,000 to Fund Inaugural Drill Program

Silver Wolf Exploration Ltd. is pleased to announce that further to the Company’s press release dated May 22, 2024, the Company has closed its best efforts non-brokered private placement of 6,666,666 units of the Company at a purchase price of C$0.15 per Unit for aggregate gross proceeds of up to C$1,000,000.

Discovery Engages ICP Securities Inc. for Automated Market Making Services

Discovery Silver Corp. today announced an agreement to engage the services of ICP Securities Inc. to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other applicable legislation.

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