“Q1 continued the trend of consistent operational performance. Despite a major planned maintenance shutdown during the quarter, Juanicipio continued to demonstrate its ability to deliver strong milling rates per operational day,” said George Paspalas, MAG Silver’s President and CEO.
Paddy Nicol, CEO of Orogen Royalties, commented, “Orogen’s strong financial performance is built on the commitment to early-stage exploration, organic royalty creation, and financial discipline to grow the Company responsibly. We have come a long way since our formation in 2020, when we approached the royalty space with a low-cost differentiated strategy to create royalties in a sustainable manner with minimal dilution to shareholders, and without incurring debt.”
Akiba Leisman, Chief Executive Officer of Mako states that, “Q1 2024 was another highly profitable quarter for the Company, with recovered gold equivalent of over 10,000 ounces at industry leading AISC. The mine reported quarterly record throughput rates, which was achieved as we positively reconcile to the resource model, bringing in significantly more tonnes of mineralized material to the mine plan.”
Dan Dickson, Chief Executive Officer stated, “Reaching the halfway mark in our construction schedule is a testament to the hard work and dedication of our team. With commissioning expected in Q4 2024, Terronera will bring tremendous potential to our company’s future, as we grow and expand our operations through responsible practices.”
Silver Bull Resources, Inc. is pleased to announce the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 18, 2024.
Vortex Metals Inc. is pleased to announce that it has applied for TSX Venture Exchange approval to increase the size of its previously announced private placement financing to 19,444,444 units at $0.09 per Unit for aggregate gross proceeds of up to $1,750,000.
“Francois is a strong leader with deep technical experience and a demonstrable track record of improving operating performance. His appointment will further strengthen Newmont’s Executive Leadership Team, adding valuable technological expertise which will be central to our ongoing success as a business,” said Tom Palmer, Newmont President, and CEO.
The updated technical reports cover the Valenciana, San Ignacio, Topia and El Cubo mine assets; importantly, other than as a result of normal depletion from mining activity, none of the previously stated mineral resource estimates have changed.
Reyna Silver Corp. is pleased to announce a non-brokered listed issuer financing exemption (LIFE) private placement of up to 6,250,000 units of the Company at a price of $0.16 per Unit for gross proceeds of up to $1,000,000.
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a best efforts, private placement for gross proceeds of up to C$6,000,000 from the sale of up to 24,000,000 units of the Company at a price of C$0.25 per Unit.
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