Heliostar Metals Ltd. is pleased to announce that it has appointed Mr. Hernan Dorado as Vice President Sustainability and Special Projects.
“Santa Elena continues to deliver strong performance, quarter after quarter” said Keith Neumeyer, President & CEO. “The continued impressive operational results at Santa Elena, along with the recent Navidad discovery make this a truly world-class district.”
“Our team delivered a strong third quarter, with production increasing by an impressive 13%, as we have managed to overcome ore crushing challenges in June and July. Mill availability, coupled with higher grades and recoveries in silver and copper, respectively, put us back on track for our production guidance of 2.5 to 2.8 million silver equivalent ounces in 2024” said David Wolfin, President and CEO of Avino.
“We are thrilled to welcome Jill Satre to our Board of Directors. Her extensive expertise in the mining and energy sectors and her leadership in corporate governance, risk management, and compliance make her an invaluable addition to Hecla.”
Akiba Leisman, CEO of Mako states: “After receiving the full Environmental Impact Assessment approval for Las Conchitas in early July, the Company is no longer constrained on where it can mine at Las Conchitas. Therefore, the focus of our exploration has been on expanding the Las Conchitas resource in areas we previously did not have mining access to, and deeper material, which will be part of our high-grade underground resource.”
Heliostar Metals Ltd. is pleased to announce that it has closed a non-brokered private placement of 10,000,000 units at a price of $0.60 per Unit for gross proceeds of $6,000,000.
Scott Smith, Executive Vice President of Exploration, added: “Today’s update quantifies the excellent results of expansion drilling along our three known resource trends, but also highlights three ‘Generative Areas’, Las Primas, Mariposa and Fresnillo, which were not included in our past resource and which remain open in most directions.”
Santacruz Silver Mining Ltd. announces that Mr. Gregg Orr, Chief Financial Officer of the Company, has resigned and Mr. Andres Bedregal, a seasoned finance executive with proven success in business development and strategic finance, has been appointed as the Interim Chief Financial Officer of the Company to replace Mr. Orr.
Silver Dollar Resources Inc. is arranging a non-brokered private placement financing with qualified investors of up to 6,000,000 units for maximum gross proceeds of $1,500,000.
“The quarter yielded continuing production growth, and more importantly we saw a substantial increase in production in the month of September where the heap achieved equilibrium at a level generating significant free cash flow for that month. The addition of the zinc circuit, along with other optimizations, has not only paid off in a saleable zinc product and recycling of the associated cyanide, but also it appears that it has improved the leaching of gold and silver,” Brad Langille, President and CEO stated.
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