Gold Resource Corporation announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent ounces of 3,526.
Octavio Alvídrez, Chief Executive Officer, said: “We have delivered another solid quarter, in line with the consistent operating performance we have achieved all year. Our full year guidance set out in January remains unchanged. In silver, Saucito and San Julián Veins have performed very well, helping to offset slightly lower output at Fresnillo. In gold, we have delivered a rapid recovery at Herradura after the mine plan was impacted by heavy rains earlier in the year, with gold production increasing 40% quarter on quarter, and at Ciénega we have delivered a strong increase in gold output year to date, testament to the outstanding work of the team on the ground.”
Guanajuato Silver Company Ltd. regrets to report that an employee fatality occurred on Tuesday, October 22, due to an accident at the San Ignacio mine in Guanajuato, Mexico.
We are very pleased to announce the appointment of Mr. Robert Payment to the GR Silver Mining management team as CFO effective immediately.
Sierra Madre Gold and Silver Ltd. is pleased to provide an operational update on activities at the La Guitarra silver-gold mine complex in Estado de Mexico, Mexico.
Dan Barnholden, CEO, commented, “Tahuehueto is a brand new mine which will soon be in commercial production. There are all the indicators of significant resource expansion potential at this project, and I am excited that our recently completed financing enables us to not only explore that potential but expeditiously. We have barely scratched the surface at Tahuehueto, and we are focused on unlocking all potential value for shareholders.”
“The third quarter continued to validate the strength and quality of the operations at Juanicipio,” said George Paspalas, MAG Silver’s President and CEO. “We are delighted to report another quarter of exceptional production results from Juanicipio.”
Heliostar Metals Ltd. is pleased to announce receipt of the clearance decision from the Comisión Federal de Competencia Económica (“COFECE”) with respect to the pending acquisition of the Mexico Business Unit of the former Argonaut Gold from Florida Canyon Gold Inc. COFECE approval was the final substantive regulatory approval required prior to closing the acquisition of the Mexico Business Unit, which is anticipated in early November 2024.
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