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.
“Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future,” said Newmont Chief Safety and Sustainability Officer Suzy Retallack.
Ernesto Balarezo, CEO of Sierra Metals, commented, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after receipt of the permit to mine below the 1120 level on February 21, 2024, we have already initiated the development activities.”
N. Eric Fier, CEO, commented, “Our first quarter has set the stage for another year of strong operational performance at Las Chispas, with silver sales exceeding plan and positioning us well to achieve 2024 sales guidance.”
Eric Caba, President and CEO of Bear Creek, states, “I am very pleased that the progress made at Mercedes in the fourth quarter of 2023 has continued into 2024. Increasing the grade and reducing dilution has allowed us to reduce costs while maintaining the higher level of production.”
Fred Davidson, President & CEO of IMPACT, stated, “In 2023, we were able to leverage our silver producing assets and add meaningful new gold production resulting in strong revenue growth on a year over year basis. We integrated the acquisition of the Plomosas mine and are in the process of bringing it back online and expect this high-grade zinc operation to meaningfully add to the Company’s financial results going forward. Notwithstanding, inflationary pressures across the operation and throughout the supply chain, continued to negatively impact profitability.”
“Q1 represented a strong start to 2024 from a safety and production stance, with continued strong production from Santa Elena and an encouraging outlook for La Encantada,” said Keith Neumeyer, President & CEO. “I am proud of the safety performance that we are achieving across our operations while delivering on our production plans. Santa Elena continues to exceed our expectations with another quarter of robust production.”
Infinitum Copper Corp. is pleased to announce that it has received acceptance from the TSX Venture Exchange of the previously announced consolidation of the issued and outstanding common shares of the Company at a ratio of two pre-consolidation Common Shares for one post-consolidation Common Shares.
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