by cerrado | Jan 15, 2025 | 2025
Annual Gold Equivalent Ounce (“GEO”) Production of 54,494 GEO; in line with Guidance of 50,000 – 60,000 GEO. Q4 Production of 10,431 GEO impacted by lower than planned ore grades from residual open pits. Record Production of 5,956, GEO from Heap Leach operations...
by cerrado | Dec 30, 2024 | 2024
Initial US$4 Million Peso Equivalent Option Payment received which further strengthens balance sheetRemaining consideration of US$10 Million Pesos equivalent payable on exercise; within 3 yearsCompany well-positioned to drive future growth via its existing operating...
by cerrado | Dec 23, 2024 | 2024
Initial US$4 Million Option Payment; Further strengthening balance sheetRemaining consideration of US$10 Million payable on exercise within 3 yearsCompany well-positioned to drive future growth via its operating Minera Don Nicolas gold mine in Argentina and its Mont...
by cerrado | Dec 4, 2024 | 2024
Detailed Metallurgical test work is ongoing and reaffirms production of DRI grade, 67%+ or better iron concentrate with combined Silica and Alumina below 2.5%Work Programs initiated and DRA Global appointed to deliver NI 43-101 Bankable Feasibility Study by end of Q1...
by cerrado | Nov 28, 2024 | 2024
Gold equivalent production of 16,604 Gold Equivalent Ounces ("GEO") for Q3; On track for full year guidance of 50,000-60,000 GEOAdjusted EBITDA of $7.4 million for Q3, 2024Decrease in the working capital deficit by over US$20 million year to dateTORONTO, ON...
