Defiance Silver Closes Third and Final Tranche of Upsized Private Placement
February 12, 2025
In total, the Company issued 16,339,000 Units for aggregate gross proceeds of C$3,267,800 under the Offering.
Menu
Menu
In total, the Company issued 16,339,000 Units for aggregate gross proceeds of C$3,267,800 under the Offering.
The core program was designed and managed by Tocvan with the aim to infill and step out on known mineralization corridors.
“After returning from a successful site visit, we are looking forward to the results from the latest drilling.” commented, CEO Brodie Sutherland. “The drilling has been a technical success with pending results to verify the impact it will have on resource definition.”
“Parral generated significant cash flows for the Company during the quarter which helped us increase our cash balance by over $4 million.”
Guanajuato Silver Company Ltd. is pleased to announce the receipt from the TSX Venture Exchange of approval for graduation from Tier 2 Issuer Status to Tier 1 Issuer Status. GSVR will commence trading as a Tier 1 Issuer on February 14, 2025.
Kootenay’s President & CEO, James McDonald states, “Recent holes on the F Vein to fill large drill gaps have intersected similar and slightly better grades than previous holes, a positive sign for future infill drilling. In the case of the I-Vein and Preciosa structure they both represent excellent targets for discovery of additional high grade mineralized shoots so keep an eye out for follow up drilling.”
“We are very pleased with the steady progress that KCA continues to make on the El Oro Tailings Project and their strong commitment to advancing the reprocessing project toward production,” states Joanne Freeze, President and CEO of Xali Gold.
The mining division posted revenue of $12.4bn, a 14.1% increase over the previous year and a 17.4% increase from the fourth quarter of 2024 (Q4 2023), attributed to increased sales volumes in copper, zinc and most by-products and higher prices, except for molybdenum.
Furthermore, I am pleased with our progress to restore social license and gain access to our recently optioned Cinco de Mayo Project. As reported in this release, a new executive that is more favourable to resource development was recently certified for a three year term, opening up the opportunity for meaningful discussion for the first time in a dozen years.”
Oroco Resource Corp. is pleased to announce that the non-brokered private placement financing announced by the Company on February 5, 2025, is now oversubscribed due to strong investor demand.
Mexico Mining Center © 2021 / All Rights Reserved
