Category: Investor’s Corner

Golden Goliath CEO Paul Sorbara said, “Golden Goliath is focussed on the exploration of its two 100% owned gold properties in Ontario; Wish Ore, near Sault Ste Marie, and our Dixie Road project, located just south of the Kinross Great Bear deposit south of Red Lake. Golden Goliath also has four REE projects in Quebec. We are reducing carrying costs and gaining working capital by divesting of our assets in Mexico.”

Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, announces that the final tabulation for the recently announced non-brokered private placement is a total of 35,918,000 units at a price of $0.24 per Unit for gross proceeds of C$8,620,320.

Southern Silver Exploration Corp. reports that all resolutions as set out in the Company’s notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024.

Goldgroup CEO, Ralph Shearing, commented, “Goldgroup has made significant progress toward doubling Cerro Prieto’s production. Should we achieve the increased recoveries obtained in our most recent metallurgical testing during expanded production upon completing crushing improvements, the project will no doubt see a significant increase in gold production and therefore, expected cash flows.”

KINGSMEN RESOURCES LTD. announces that further to a price reservation filed on October 21, 2024 the Company has arranged a non-brokered private placement financing of up to 4,000,000 units at a price of $0.25 per Unit, to raise up to $1,000,000.

“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. Strong production numbers, coupled with consistent operational improvements validate the quality of this world-class asset and we are excited about the growth and long-term success that lies ahead.”

Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During Q3 2024, Santacruz continued to demonstrate steady operational performance, processing 491,260 tonnes of ore, yielding 4,644,013 silver equivalent ounces. Notably, silver production increased by 2% compared to Q2 2024, reaching 1,703,388 ounces.”

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.