After more than two years of production, we remain committed to transparent and consistent reporting, which are integral elements of our “Sustainability Strategy: Towards 2030”.
Colibri Resource Corporation is pleased to announce that it intends to conduct a non-brokered private placement of up to 9,000,000 units at a price of $0.05 for gross proceeds of up to $450,000, each Unit consisting of one common share and one common share purchase warrant.
“We are excited to continue drilling at Plata Verde, particularly with the results from PV-09,” stated Bruce Smith, CEO/President of Radius Gold. “The decision to extend the drill program reflects our commitment to fully explore and unlock the potential of this project.”
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to approximately $1,000,000.
An unscheduled inspection at the mine conducted by the Mexican Labor Department identified safety standards that need to be met before resuming operations. The inspection followed a recent singular fatality at the mine, the first one in 18-1/2 years of Starcore’s record of zero fatalities in its mining operations at San Martin.
Chairman and CEO, James Anderson said, “The base shelf prospectus will provide Guanajuato Silver with maximum financing flexibility over the next 25-months as we look to continue the work of growing precious metals production at our four producing silver mines in Mexico.”
“We are pleased we are able to retain exposure to the future upside at the La Joya Project and add another royalty to our Company,” stated Letitia Wong, Plata Latina’s President and CEO.
Ian McGavney, President & CEO of Colibri commented: “The southwest part of the San Perfecto area is on the books as a priority drill target for Colibri. We are extremely pleased with the results of the recent mapping and sampling at San Perfecto which expanded the area of known mineralization and thereby the scope and potential of our drill target.”
Tony Makuch, CEO, commented: “We are pleased to be releasing our 2023 ESG report, which highlights the effectiveness of our people, both in Mexico and Canada, in achieving excellence in responsible mining. In everything we do, our aim is to successfully balance environmental, social, and economic considerations, generate long-lasting benefits for communities, minimize the impact on the environment, and add value for all stakeholders.”
The Draw represents US$375,000 in Additional Credit for each of July and August 2024 and will be used for continuing exploration work at Mercedes and general working capital purposes.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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