Kootenay Silver Inc. is pleased to announce that, further to its press release dated July 16, 2015 and August 11, 2015, it has closed its non-brokered private placement and issued an aggregate of 800,000 units at a purchase price of $0.30 per Unit raising gross proceeds to the Company of $240,000, including the initial tranche an aggregate gross proceeds raised to the Company is $1,315,950.
Bruce Winfield, President & CEO of Defiance stated, We are very pleased that the results continue to include wide widths of strong silver mineralization on the main San Acacio vein up to 190m below the current resource limit. The discovery of new veins is exciting with four of the eight holes drilled to date intersecting multiple veins with potential to increase the resource as well. We also have identified a later Phase II mineralization that is enriched in gold-zinc-lead relative to the historical production at the San Acacio Mine. These exciting results encourage us to continue drilling to expand the zone of mineralization both along strike and down dip.
El precio del cobre caía un 2.5% hoy, borrando las ganancias de la sesión anterior, en medio de preocupaciones de que los recortes a las tasas de interés en Pekín puedan no ser suficientes para evitar la desaceleración en la economía global liderada por China.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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