KINGSMEN RESOURCES LTD. announces that further to a price reservation filed on October 21, 2024 the Company has arranged a non-brokered private placement financing of up to 4,000,000 units at a price of $0.25 per Unit, to raise up to $1,000,000.
“The third quarter continued to validate the strength and quality of the operations at Juanicipio,” said George Paspalas, MAG Silver’s President and CEO. “We are delighted to report another quarter of exceptional production results from Juanicipio. Strong production numbers, coupled with consistent operational improvements validate the quality of this world-class asset and we are excited about the growth and long-term success that lies ahead.”
Kootenay’s President & CEO, James McDonald states, “Another great set of drill results from Columba. Hole 171 is especially exciting with an 87-meter-wide zone of continuous silver mineralization and as a step out down dip and along strike about 50 and 100 meters to the southeast of CDH 140 and 125 respectively.”
Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented, “During Q3 2024, Santacruz continued to demonstrate steady operational performance, processing 491,260 tonnes of ore, yielding 4,644,013 silver equivalent ounces. Notably, silver production increased by 2% compared to Q2 2024, reaching 1,703,388 ounces.”
Gold Resource Corporation announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent ounces of 3,526.
Octavio Alvídrez, Chief Executive Officer, said: “We have delivered another solid quarter, in line with the consistent operating performance we have achieved all year. Our full year guidance set out in January remains unchanged. In silver, Saucito and San Julián Veins have performed very well, helping to offset slightly lower output at Fresnillo. In gold, we have delivered a rapid recovery at Herradura after the mine plan was impacted by heavy rains earlier in the year, with gold production increasing 40% quarter on quarter, and at Ciénega we have delivered a strong increase in gold output year to date, testament to the outstanding work of the team on the ground.”
Guanajuato Silver Company Ltd. regrets to report that an employee fatality occurred on Tuesday, October 22, due to an accident at the San Ignacio mine in Guanajuato, Mexico.
We are very pleased to announce the appointment of Mr. Robert Payment to the GR Silver Mining management team as CFO effective immediately.
Sierra Madre Gold and Silver Ltd. is pleased to provide an operational update on activities at the La Guitarra silver-gold mine complex in Estado de Mexico, Mexico.
Dan Barnholden, CEO, commented, “Tahuehueto is a brand new mine which will soon be in commercial production. There are all the indicators of significant resource expansion potential at this project, and I am excited that our recently completed financing enables us to not only explore that potential but expeditiously. We have barely scratched the surface at Tahuehueto, and we are focused on unlocking all potential value for shareholders.”
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