Increased Silver Production
Produced 446,000 silver ounces, an increase of 80,000 ounces compared to the last quarter.
Successful Galena Complex Operations
Galena Complex produced 314,000 silver ounces with significant progress on infrastructure projects and mine development activities.
High-Grade Silver-Copper Discovery
Discovery of high-grade silver-copper 034 vein with intercepts of 983 grams per tonne silver over 3.44 meters.
Financial Growth and Index Inclusion
Revenue increased by 12% to $23.5 million, and inclusion in the Solactive Global Miners Silver Total Return Index.
Debt Reduction and Financial Position Improvement
Total liabilities reduced by approximately $34 million, and streamlined capital structure through conversion of convertible debenture.