Category: Investor’s Corner

Discoveries 2024 Mining Conference: Celebrating a Decade of Mining Exploration, Innovation and Development in Mexico

Mexico Mining Center is proud to announce the 10th anniversary of the Discoveries 2024 Mining Conference, to be held May 21 – 23, 2024, at the prestigious Mazatlan International Center in Mazatlan, Sinaloa, Mexico. With a decade of unparalleled success in fostering innovation, exploration, and development in the mining sector, this year’s conference promises to be the most impactful yet.

CMC Announces Cancellation of Private Placement and the Agreement to Acquire the Gavilanes Project in Durango, Mexico Due to the Rejection of the Exploration Permit Renewal by SEMARNAT

Kevin Brewer, President and CEO of CMC noted “The decision by SEMARNAT to not extend the permit renewal at the Gavilanes project is disappointing. The preparation and filing of the application was the sole responsibility of the property owner and as a result CMC was left with no choice but to pull out of the agreement to initiate the acquisition of Gavilanes.”

VVC Welcomes Steve Looper to its Board of Directors

VVC Exploration Corporation, dba VVC Resources,is pleased to announce the addition of Mr. Steve Looper to its Board of Directors. Mr. Looper brings a wealth of experience and expertise to the Company’s leadership team, with an impressive track record in the oil and gas industry and a commitment to sustainable and innovative energy solutions.

U.S. Antimony (UAMY) Announces Plan to Discontinue Latin America Operational Activities

Commenting on the closure of operations in Latin America, Mr. Gary C. Evans, Chairman and Co-CEO of U.S. Antimony stated, “Based upon a thorough review of historical financial numbers of our Mexican operations, which was only possible after retention of a new CFO mid-year 2023, it became painfully obvious that these operations have always been unprofitable.”

SilverCrest Reports Fourth Quarter and 2023 Annual Financial Results

N. Eric Fier, CEO, commented, “2023 marked a successful first full year of commercial production at Las Chispas, with the Operation exceeding the high end of sales guidance, beating the low end of AISC guidance, delivering impressive operating margins of 61%, and generating $121.1 million in free cash flow. We are extremely proud that within seven months of declaring commercial production we became debt free, after repaying $50.0 million in debt in the first half of 2023.”

Goldgroup Reports Contractor Fatality at Cerro Prieto Mine

Goldgroup Mining Inc. is saddened to report a fatality at its Cerro Prieto mine in Sonora, Mexico late evening local time March 5, 2024. In an isolated incident a mining contractor’s dozer operator was fatally injured while operating a D8 dozer.

Kootenay Silver Announces Filing of NI 43-101 Technical Report for th La Cigarra Project and Annual Information Form

Kootenay Silver Inc. is pleased to announce that the Company has filed an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects on its 100% owned La Cigarra Project located in the Parral Silver District of Chihuahua State, Mexico, titled “Mineral Resource Estimate Update for the La Cigarra Ag-Pb-Zn Project, Chihuahua State, Mexico” with an effective date of November 29, 2023.

Tepal Project Ownership Confirmed and Update on Private Placement

Defiance Silver Corp. is pleased to report that no appeal has been filed in connection with the favorable ruling of the Mexican Court restoring the Company’s rightful ownership to the mining concessions forming part of the Tepal project. As a result, the judgement is now fully enforceable, and Geologix Explorations Mexico, S.V de C.A, a subsidiary of the Company, is now confirmed as the legitimate and rightful owner of the concessions.

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