Sierra Metals Announces New Vice President, Health & Safety

Ernesto Balarezo, CEO of Sierra Metals, commented, “We are very excited to have Astolfo join Sierra. He brings a deep passion to the role where he will enhance the strong health and safety standards in place throughout the Company helping us achieve our aim to become best in class.”

Luca Mining Reports Record Production at Tahuehueto, Consistent Positive Operating Cash Flow Achieved at Campo Morado, Management Updates and Retention of Market Maker

Ramon Perez, President and Interim CEO, commented, “Mike Struthers breathed new life into the Company. Under his leadership Tahuehueto was built into a significant new gold mine. Concurrently, Campo Morado has been transformed into a positive cash flowing asset with substantial upside as a copper-zinc producer. In addition, Mike has added significant bench strength with important new hires to the operational team. We appreciate everything he has done and we are glad he will remain part of the Company as technical advisor as we continue Luca’s growth.”

Pan American Silver Announces Normal Course Issuer Bid

American Silver Corp. today announced that the Toronto Stock Exchange has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 29, 2024.

Golden Minerals Stops Mining Operations at its Velardeña Properties

The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course of the initial several months of production has not achieved the results projected by the Company.

Defiance Silver Closes Initial Tranche of Private Placement

Defiance Silver Corp. announces that it has closed on February 27, 2024 the first tranche of its previously announced non-brokered private placement of units of the Company at a price of C$0.10 per Unit for aggregate gross proceeds of C$1,094,000.

Starcore Announces Third Quarter Production Results

The third quarter confirmed the stability of the production in the San Martin Mine in this fiscal year. Production increases were experienced due to the higher grade of gold fed into the mill and the improvement in recovery of approximately 4 percentage points, both due to the high grade oreshoot discovered during the year as a result of investment in exploration and metallurgical research.

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