Jody Kuzenko, President & CEO of Torex, stated: “The year-end 2024 mineral reserve estimate reflects the new base case for the Morelos Complex which, including first production from EPO in late 2026, solidifies annual payable production of at least 450,000 gold equivalent ounces through 2030 and a reserve life out to at least 2035.”
Heliostar Metals Ltd. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Velocity Trade Capital Ltd. as co-lead underwriters on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase on a bought deal basis 12,000,000 common shares of the Company at a price of C$1.00 per Share.
“2024 was a milestone year, as we made significant advances in our understanding of the geology of the El Soldado Claim at the Ana Maria property, and work towards making discovery,” said Peter Latta, President.
Greg Davison, Silver Spruce Vice-President Exploration and Director stated, “We are very pleased to welcome Paul and Bill to our Advisory Board. Both gentlemen have a multi-faceted wealth of experience to drive the Company forward with their business acumen and technical expertise.”
“Infill drilling through the Main Zone is identifying precisely where we can source moderate to high-grade ore during pilot and full-scale mining.” commented, CEO Brodie Sutherland.
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