Day: March 31, 2025

The company continued making significant progress on its Terronera Project, which is now in the final construction stages. Wet commissioning is anticipated to begin early in the second quarter.

Ramon Perez, President of the Company, commented “This milestone marks a significant step in the mine’s development, reflecting the operational team’s dedication and the effectiveness of recent optimization efforts.”

Capitan Silver’s CEO has stated “It is great to have the rig active at Cruz de Plata testing the targets that our team has defined or further refined over the last months. We are excited to be active with drilling following up on the great results we had previously, starting with testing the expansion of our two most advanced silver targets: Jesus Maria and Gully Fault.”

Heliostar CEO Charles Funk comments, “We have always wanted to push harder at Ana Paula, and now we can commence the largest drill program in the Company’s history. We see potential to further improve the resource at Ana Paula.”

“This new discovery underscores the strong potential for new wide, high-grade silver and gold mineralization in the Panuco district, which has historically seen limited systematic exploration,” commented Michael Konnert, President & CEO.