The Company sold approximately 97,200 attributable gold equivalent ounces1 and realized preliminary revenue of $179.6 million for the full 2023 year, both representing a record for the Company.
“We are pleased to announce another significant resource update milestone for the high-grade Panuco silver gold district,” commented Michael Konnert, President and CEO. “Although substantial, this update represents only a moment in time at the Project, as drills continue to turn in 2024.”
Barksdale Resources Corp. announces that further to its news releases dated December 20, 2023 and January 4, 2024 with respect to its offering of up to a maximum of 12,500,000 common share units in the capital of the Company (the “Units”) to raise maximum proceeds of up to $5,000,000, it reports that Crescat Portfolio Management LLC, a 10% insider of the Company and certain directors and officers of the Company shall be participating in the Offering for an aggregate total of 1,325,000 Units, which participation constitutes a “related party transaction” for the purposes of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions.
Guanajuato Silver Company Ltd. is pleased to announce it has arranged to settle an aggregate of $445,000 in outstanding liabilities of the Company by the issuance of an aggregate of 1,780,000 common shares in the capital of the Company at a deemed price of $0.25 per share subject to the receipt of TSX Venture Exchange approval.
Luca Mining Corp. is pleased to announce the appointment of Lisa Dea as Chief Financial Officer effective January 2, 2024.
The Brokered Offering will be subject to the terms and conditions of an agency agreement to be entered into between the Company and the Agent, including a minimum amount of 5,000,000 Units issued for gross proceeds of a minimum of $2,000,000.
Bear Creek Mining Corporation announces that its board of directors has authorized and approved a grant of 500,000 stock options to its recently appointed Chief Financial Officer pursuant to its stock option plan.
Greg McKenzie, President and CEO, commented: “C460 was the largest zone mined when Quebradillas was previously in production by First Majestic Silver. The high-grade mineralization reported today extends the C460 Zone at depth to the south where limited drilling was previously performed. The mineralization in this area is higher-grade, and wider, than the previously mined stopes immediately above. We were pleasantly surprised by the much higher grades in this area and will follow up with additional drilling in this location in 2024.”
Simon Dyakowski, President & CEO of Aztec, commented, “Aztec Minerals significantly advanced each of our emerging discovery stage projects in 2023, highlighted by the discovery of bonanza grade silver at the Tombstone project as part of a successful initial core drilling campaign at the property.”
Zacatecas Silver Corp. is pleased to announce it has filed on SEDAR a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report with respect to the Esperanza Gold Project, Mexico.
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