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In the News — Prismo Metals on Strengthening Management Team
In the News — Prismo Metals on Strengthening Management Team
Avino Silver & Gold Mines – executive interview (30 April 2024)
April 2024 – Oroco Management Update
Bob Moriarty: China is Taking Control of the Gold Market
Tocvan Ventures – 10 Drill Holes Complete, Results Imminent!
Richard Lock, CEO, commented: “We continue to be very pleased with our drill results as they recently confirm shallow mineralization in the South Zone 2,000 meters further along strike, demonstrating the potential to add significantly to the combined North Zone and South Zone mineral resource estimate.”
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Vizsla Silver Reports Additional High-Grade Intercepts and Refined Interpretations at La Luisa
“Our ongoing exploration campaign continues to expand and convert near-surface mineralization at La Luisa,” commented Michael Konnert, President and CEO. “La Luisa is one of the newest discoveries Vizsla Silver has made in the Panuco district, and currently hosts 4 million ounces of indicated and 25 million ounces of inferred silver equivalent resources.”
Silver Storm Announces La Estrella Zone Drill Results
Greg McKenzie, President and CEO, commented: “We are pleased with the strong returns from the La Estrella, San Rafael and C1940 Zones. High-grade mineralization can be traced at La Estrella over a strike length of 225 m, vertical extent of 135 m, and true thickness of up to 6 m. Limited mining was previously conducted by First Majestic within these zones, and they were not included in the August 2023 Resource Estimate. We anticipate these results will have a positive impact on future resource updates.”
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IMPACT Silver Intersects 213g/t Silver over 17.3M including 1,400g/t Silver over 0.75m on New Discovery at Kena Zone, Guadalupe
President and CEO Frederick Davidson commented, “The Guadalupe mine first began production almost 500 years ago and we are still finding new discoveries in the swarm of veins that make up the mine complex mineralizing system. We are currently drilling this new Kena Vein South from the 140 metre level of the mine.”
Kingsmen Resources Soledad North – Structure Carries High Grade Multi Elements
Scott Emerson, President commented: The old workings sampled and reported here are distributed over approximately 530 meters and approximately ½ mile (1 km) from the old operating Soledad Mine indicating the mineralization carries entirely along the 1.7KM Soledad structure which was not previously recognized by the old miners.”
Minera Alamos Provides Update on Cobre 4H and Copper Assets
“While there have been obvious changes in costs since the Los Verdes PEA report was published this has been accompanied by recent strengthening of metal prices. The current environment provides an ideal opportunity to revisit the development of a potential copper production “hub” in southern Sonora where there exist a number of known but undeveloped copper deposits,” stated Darren Koningen, CEO of Minera Alamos.
Silver Tiger Intersects 32.0 Meters of 1.36 G/T Gold Equivalent Within 81.1 Meters of 0.94 G/T Gold Equivalent in the Stockwork Zone
Silver Tiger’s CEO, Glenn Jessome, stated, “As we continue receiving promising assay results, it is apparent that the developing “Footwall” and “Keel Zones” shows excellent grade and continuity.” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”
Minera’s Copper Subsidiary Acquires Suaqui Verde Copper Project in Sonora, Mexico
“Suaqui Verde has been on the Minera team’s radar for many years and its acquisition adds significantly to the Company’s copper assets in the area where we already operate. The area surrounding Los Verdes hosts numerous copper deposits. The combination of these assets into a single entity greatly expands the potential options for developing a regional copper “hub,” the production from which can grow organically over time.”
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Minaurum Discovers Zinc-Rich Carbonate-Replacement (CRD) Mineralization at Alamos
“Recognizing that Alamos hosts CRD mineralization in addition to our existing high-grade silver veins, creates a significant new target for us,” stated Darrell Rader, President and CEO of Minaurum Gold. “While carbonate rocks are known throughout the project area, CRD mineralization has never been directly targeted.”
Silver Spruce and Colibri Resource Launch 2024 Drilling Program at Diamante Au-Ag Project
“We are pleased with the high quality of the drill core being recovered to date from the first holes from the El Pillado target by Diamond Drills Mexico S.A. de C.V. based in Hermosillo, Sonora, Mexico, and we look forward to identifying extensions to the previously drilled areas and opportunities for target definition based on the geological and geophysical interpretations for the two new targets.”
Silver Dollar Samples Up to 29.61 g/t Gold, 2,215 g/t Silver and 3.34% Copper at the Nora Project
“We are very encouraged by the initial results from our re-evaluation of the Nora Project,” said Michael Romanik, president of Silver Dollar. “Follow-up geological mapping is underway and will include a detailed examination of the Candy Vein outcrops and known faults in the surrounding area to gain a better understanding of structural controls and define potential drill targets.”
Silver Tiger Provides Update on Pre-Feasibility Study Mineral Resource Drilling
Silver Tiger’s CEO, Glenn Jessome, stated, “We are pleased this new set of assay results continue to both confirm and expand the near-surface Stockwork gold deposit. Of particular interest is the developing “Footwall Zone” to east that continues to show grade and continuity while expanding the mineralization footprint.”
Minera Alamos Provides Santana Operations Update
Minera Alamos Inc. is pleased to report that further to its Santana operations update the Company’s contractor mobilized at the Santana mine site at the beginning of April with mining activity at the Nicho Main zone to commence shortly.
Fortuna intersects 1kg Ag Eq over an estimated true width of 8.1m at the Yessi vein, San Jose Mine, Mexico
Paul Weedon, Senior Vice President of Exploration, commented, “Drilling on the Yessi vein, since the initial discovery hole in August 2023, has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq over an estimated true width of 3.0 meters from 604.85 meters in SJO-1444 and 1,036 g/t Ag Eq over an estimated true width of 8.1 meters including 2,910 g/t Ag Eq in SJO-1460 highlighting the potential for high-grade shoots.”
Equinox Gold Reports First Quarter 2024 Financial and Operating Results
Greg Smith, President and CEO of Equinox Gold, commented: “Equinox Gold had a good start to the year. We have continued to achieve strong performance on our safety and environmental targets, and gold production and costs during the quarter have us well positioned to achieve 2024 guidance.”
Torex Gold Reports Q1 2024 Results
Jody Kuzenko, President & CEO of Torex, stated: “2024 is off to a solid start with production and costs tracking to full-year guidance. Operational results were in line with expectations, with quarterly gold production of 115,494 ounces at all-in sustaining costs of $1,202 per oz.”
Pan American Silver Reports First Quarter 2024 Results
“Cash flow from operations before working capital changes of $133.2 million in the first quarter reflects strong performance on production and costs, with silver and gold production in line with our expectations, and costs for both metals lower than expected,” said Michael Steinmann, President and Chief Executive Officer.
Sierra Madre Announces US$5 Million Loan from First Majestic Silver for Finalizing Preparations at La Guitarra
Alex Langer, Sierra Madre’s President and CEO, states: “After a thorough and extensive process, we are very pleased to announce this non-equity, non-dilutive financing. The Loan will allow us to complete all necessary steps for the possible restart of the fully permitted La Guitarra Silver and Gold mine.”
Starcore Announces Fourth Quarter Production Results
“The fourth quarter results and its increase over the third quarter confirm the good performance and positive changes experienced at San Martin Mine,” stated Salvador Garcia, Chief Operating Officer of the Company. “This has been a process which started in the last two years in developing a new geological model. As a result, new exploration targets have emerged and new ore bodies were discovered, some of good grade and others of high volumes of economical ore.”
GoGold Releases Q2 2024 Financial Results and Announces Changes to Board of Directors
“At Parral, we’re seeing the benefits of increasing production and rising metal prices, along with the successful addition of the SART zinc circuit. With our production anticipated to continue increasing in the coming quarters, we see it being a contributor to our strong balance sheet and ability to execute on our Los Ricos South project,” said Brad Langille, President and CEO.
First Majestic Announces Financial Results for Q1 2024 and Quarterly Dividend Payment
Production of 5.2 million silver equivalent ounces, consisting of 2.0 million silver ounces and 35,936 gold ounces, in line with the Company’s 2024 production guidance plan as management anticipates improvements in the second half of the year due to planned higher ore grades and throughput rates.
Fortuna Reports Financial Results for the First Quarter of 2024
“Our operations performed in line with expectations for the first quarter with 112,543 of gold equivalent production, $84.3 million in cash from operations before working capital changes and earnings per share of $0.09.” said Jorge Ganoza, Fortuna’s President and CEO
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Vizsla Silver Reports Additional High-Grade Intercepts and Refined Interpretations at La Luisa
“Our ongoing exploration campaign continues to expand and convert near-surface mineralization at La Luisa,” commented Michael Konnert, President and CEO. “La Luisa is one of the newest discoveries Vizsla Silver has made in the Panuco district, and currently hosts 4 million ounces of indicated and 25 million ounces of inferred silver equivalent resources.”
Silver Storm Announces La Estrella Zone Drill Results
Greg McKenzie, President and CEO, commented: “We are pleased with the strong returns from the La Estrella, San Rafael and C1940 Zones. High-grade mineralization can be traced at La Estrella over a strike length of 225 m, vertical extent of 135 m, and true thickness of up to 6 m. Limited mining was previously conducted by First Majestic within these zones, and they were not included in the August 2023 Resource Estimate. We anticipate these results will have a positive impact on future resource updates.”
ADS
IMPACT Silver Intersects 213g/t Silver over 17.3M including 1,400g/t Silver over 0.75m on New Discovery at Kena Zone, Guadalupe
President and CEO Frederick Davidson commented, “The Guadalupe mine first began production almost 500 years ago and we are still finding new discoveries in the swarm of veins that make up the mine complex mineralizing system. We are currently drilling this new Kena Vein South from the 140 metre level of the mine.”
Kingsmen Resources Soledad North – Structure Carries High Grade Multi Elements
Scott Emerson, President commented: The old workings sampled and reported here are distributed over approximately 530 meters and approximately ½ mile (1 km) from the old operating Soledad Mine indicating the mineralization carries entirely along the 1.7KM Soledad structure which was not previously recognized by the old miners.”
Minera Alamos Provides Update on Cobre 4H and Copper Assets
“While there have been obvious changes in costs since the Los Verdes PEA report was published this has been accompanied by recent strengthening of metal prices. The current environment provides an ideal opportunity to revisit the development of a potential copper production “hub” in southern Sonora where there exist a number of known but undeveloped copper deposits,” stated Darren Koningen, CEO of Minera Alamos.
Silver Tiger Intersects 32.0 Meters of 1.36 G/T Gold Equivalent Within 81.1 Meters of 0.94 G/T Gold Equivalent in the Stockwork Zone
Silver Tiger’s CEO, Glenn Jessome, stated, “As we continue receiving promising assay results, it is apparent that the developing “Footwall” and “Keel Zones” shows excellent grade and continuity.” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”
Richard Lock, CEO, commented: “We continue to be very pleased with our drill results as they recently confirm shallow mineralization in the South Zone 2,000 meters further along strike, demonstrating the potential to add significantly to the combined North Zone and South Zone mineral resource estimate.”
Equinox Gold Reports First Quarter 2024 Financial and Operating Results
Greg Smith, President and CEO of Equinox Gold, commented: “Equinox Gold had a good start to the year. We have continued to achieve strong performance on our safety and environmental targets, and gold production and costs during the quarter have us well positioned to achieve 2024 guidance.”
Torex Gold Reports Q1 2024 Results
Jody Kuzenko, President & CEO of Torex, stated: “2024 is off to a solid start with production and costs tracking to full-year guidance. Operational results were in line with expectations, with quarterly gold production of 115,494 ounces at all-in sustaining costs of $1,202 per oz.”
Pan American Silver Reports First Quarter 2024 Results
“Cash flow from operations before working capital changes of $133.2 million in the first quarter reflects strong performance on production and costs, with silver and gold production in line with our expectations, and costs for both metals lower than expected,” said Michael Steinmann, President and Chief Executive Officer.
Sierra Madre Announces US$5 Million Loan from First Majestic Silver for Finalizing Preparations at La Guitarra
Alex Langer, Sierra Madre’s President and CEO, states: “After a thorough and extensive process, we are very pleased to announce this non-equity, non-dilutive financing. The Loan will allow us to complete all necessary steps for the possible restart of the fully permitted La Guitarra Silver and Gold mine.”
ADS
In the News — Prismo Metals on Strengthening Management Team
In the News — Prismo Metals on Strengthening Management Team
Avino Silver & Gold Mines – executive interview (30 April 2024)
April 2024 – Oroco Management Update
Bob Moriarty: China is Taking Control of the Gold Market
Tocvan Ventures – 10 Drill Holes Complete, Results Imminent!
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