Luca Mining Corp. Announces Private Placement of up to Approximately C$8.55 Million

Luca Mining Corp. is pleased to announce that it has entered into an agreement with Stifel to act as lead agent and sole bookrunner for and behalf of a syndicate of agents in connection with a “best-efforts” private placement of up to 19,000,000 units of the Company at a price of $0.45 per LIFE Unit for aggregate gross proceeds of C$8.55 million with the LIFE Units to be issued pursuant to the Listed Issuer Financing Exemption.

Capstone Copper Announces Inclusion in the S&P/ASX 300 Index

John MacKenzie, Capstone’s CEO, commented, “We are very pleased to have been included in the S&P/ASX 300 Index as part of the September rebalance. Inclusion in this index recognizes the early success of our secondary listing in Australia, highlighted by our growing CDI market capitalization and robust trading liquidity on the ASX.”

Sierra Madre Provides Positive Update to Test Mining and Processing

Chief Operating Officer, Greg Liller commented, “I am very pleased with the operating results to date. The Guitarra team is doing an excellent job of moving operations towards a sustained production rate of 350 tonnes per day, our next test production goal. Upon achieving 350 tonnes per day the team has an orderly plan in place to move towards 410 tonnes per day, then to the commercial mining and processing rate of 500 tonnes per day before year end”.

First Majestic Announces Agreement to Acquire Gatos Silver

Keith Neumeyer, President & Chief Executive Officer of First Majestic, commented, “The acquisition of Gatos Silver is a highly compelling and transformative transaction that meaningfully enhances First Majestic’s operating platform through the addition of 70% of Cerro Los Gatos – a high quality, long-life, unencumbered, free cash flow generating asset in the mining-friendly state of Chihuahua, Mexico.”

Alamos Gold Expands High-Grade Mineralization at Puerto Del Aire and Defines Multiple New High-Grade Zones at Cerro Pelon Supporting Significant Upside Potential within the PDA Project

“Our PDA development plan to be released later today is expected to outline another attractive, high-return project that will nearly triple the current mine life of the Mulatos District. The development plan will be based on PDA’s current Mineral Reserve of one million ounces which had more than doubled over the previous two years. Our continued exploration success at PDA in 2024 highlights the significant upside potential to the project through further growth in higher-grade Mineral Reserves and Resources,” said John A. McCluskey, President and Chief Executive Officer.

Silver Wolf Announces Start of Inaugural Drill Program at the Ana Maria Project

“I am thrilled to announce the start of this fully-funded drill campaign” said Peter Latta, President. “Our team on the ground, as well as our technical advisors, have done a tremendous job collecting, analyzing and synthesizing all the data for these targets. I am eager to see the what possible mineralization lies underneath the out-cropping NW-SE trend of old workings and mineral occurrences that we have been able to identify.”

Guanajuato Silver Announces Changes to Executive Team

James Anderson, Chairman and CEO, said, “Having spent over three decades working for the best mining companies in Mexico, Juan Martin Pena brings a level of professionalism and business acumen that dovetails well with the current stage of Guanajuato Silver’s development. We are excited to welcome Juan Martin to our team and proud to continue our tradition of having a 100% Mexican local workforce.”

Chesapeake Engages Icp Securities Inc. For Automated Market Making Services

Chesapeake Gold Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

All News