XPL - Coeur Mining Advances Silvertip with Flow-Through Shares; Solitario Finds High-Grade Gold; Hecla Appoints Director And More: Tuesday's Top Mining Stories | Benzinga
Top Stories for Feb. 27, 2024:
1. Coeur Mining Inc. (NYSE: CDE) arranged a private placement of 7,704,725 flow-through common shares of approximately $25 million (C$34 million).
The proceeds will be used for qualifying Canadian Exploration Expenditures, to conduct an exploration and mineral evaluation program on its Silvertip Property in British Columbia to determine the presence and quality of silver, lead and zinc on the property.
The flow-through offering will be privately placed with investors in certain provinces in Canada and is expected to close on or about March 8, 2024.
2. Solitario Resources Corp. (NYSE: XPL) discovered a new area of high-grade gold mineralization on its Golden Crest Project in South Dakota named Wild Rose.
Rock sampling has shown gold values up to 52.9 grams ...