“Having the drill permit, mineral title and funding with a partner aligned in our exploration creates the platform for potential success with drilling activities proceeding in the near term. We look forward to the drill turning and having results from this project as well as updates on other activities that are underway into the fourth quarter of 2024.”
“Hecla saw significant improvement in gross profit and free cash flow during the quarter – with our gross profit increasing more than 1.5 times over the prior quarter, and free cash flow generation of $28.3 million, which allowed us to reduce our net debt by $25.1 million,” said Cassie Boggs, interim President and CEO.
“We remain on track to achieve 2024 production and cost guidance and we continue to expect that our updated life of mine plan scheduled for the third quarter of 2024 will further extend CLG’s mine life. We are also continuing to follow-up on the exciting initial exploration results we announced on July 23, as we continue to advance our district exploration program.”
The FFCTO was issued as a result of the Company’s delay in filing its audited annual financial statements, accompanying management discussion and analysis, and CEO and CFO certifications for the financial year ended March 31, 2024 in accordance with applicable Canadian securities laws.
Dan Barnholden, CEO, commented, “I am very pleased to have Cominvi join our team at Campo Morado. They bring incredible expertise and experience and will greatly enhance our operational flexibility. The timing of this decision is fortuitous as Cominvi has just completed a major mining project nearby and therefore, mobilization will occur very quick.”
“The proposed transaction with Prospector is an incredible opportunity for Tarachi shareholders to both take advantage of the rapidly developing artificial intelligence space while still keeping significant exposure to a strong commodities market,” commented Cameron Tymstra, Tarachi President and CEO.
GR Silver Mining is pleased to welcome two new directors by appointment to its Board of Directors, Mr. Brent McFarlane and Ms. Jessica van den Akker, effective August 12, 2024.
Aura Minerals Inc. announces recent changes in its leadership and management structure to the market. These changes reflect the Company’s ongoing commitment to optimizing operations and strengthening its leadership team to achieve strategic objectives.
“Julie has been a valued member of the Golden Minerals executive team for over 2 ½ years. During her time here, she has made significant contributions to the Company, of which we are truly grateful. We thank her for her support and wish her all the best.”
“… the (Gloria) project has great potential for a large intrusive orebody at depth and the opportunity for new discovery on the Caborca Gold Belt” said Ariel Navarro, VP Exploration of Reyna Gold.
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