Month: June 2018

Discovery Metals Announces AGM Results

Discovery Metals Corp. (TSX-V: DSV) is pleased to announce the results of voting at its Annual General and Special Meeting held Tuesday, June 26, 2018 in Toronto, Canada. Shareholders voted in favor of all items put forward by the Board of Directors and management. Shareholders voted in favor of the election of all director nominees.

Endeavour Silver Drilling Intersects 618 gpt Silver and 3.2 gpt Gold over 21.2 Metres (25.1 opt AgEq over 69.6 ft) at Terronera Project, Jalisco, Mexico

Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These infill drill results should have a positive impact on our reserves and resources. The high silver and gold grades, excellent continuity of mineralization and significant exploration upside to expand the resources reinforce our view that Terronera has the potential to become the next key asset for the Company.”

Aura Silver Announces Ceo Leadership Change

Aura Silver Resources (TSX-V:AUU) is pleased to announce that Robert Johansing has been appointed to the position of President and Chief Executive Officer of the Company effective June 25, 2018, subject to TSX Venture Exchange approval. As previously announced, Mr. Johansing was appointed as a director of the Company on May 23, 2018.

Ethos Gold Corp. Appoints Michael Murphy to Board of Directors

Mr. Murphy is a co-founder and director of Torex Gold Resources Inc. Mr. Murphy was responsible for identifying the Morelos Gold project in Guerrero Mexico as an acquisition opportunity, negotiating the purchase of Morelos from Teck in a very competitive environment, arranging a $240million+ financing to support this acquisition, and in recruiting the board and management. Morelos has now been brought into production at ~370,000 oz per year. He is also the President and Chief Executive Officer of RedZone Resources Inc., a company focused on acquiring and developing battery metals projects. Mr. Murphy previously spent 15 years working in institutional equities in London, with Merrill Lynch, Donaldson, Lufkin & Jenrette and Credit Suisse, where he ran the Credit Suisse hedge fund coverage team. Mr. Murphy graduated from the University of British Columbia with a Bachelor of Arts, from Saint Mary’s University with a Master of Business Administration and from the London School of Economics and Political Science with a Master of Science in Finance and he is a certified director, ICD.

Aztec Minerals Successfully Concludes Phase 1 Drill Program at Cervantes Property in Sonora, Mexico

President and CEO Joey Wilkins stated, “Every hole in our Phase 1 drill program intersected porphyry-type gold-copper-silver mineralization, and most holes collared in outcropping mineralization. Ignoring the abandoned holes CER1, 8 and 12, over half the holes at the California prospect intersected robust 100+ meter widths of higher grade mineralization exceeding 0.4 gpt gold, spanning an 800 meter length and a 200 meter breadth, to a maximum vertical depth of 150 meters (view drill section here).”

Aloro More Than Doubles Land Position in Mulatos Gold District

Thomas A. Doyle, President, CEO, stated “We feel very fortunate that this land came open and our application was accepted in an area that is very competitive. This concession was the only land in the immediate area that has not been staked and claimed. We now share borders with Alamos Gold Inc to the north, east, south, and Agnico Eagle Mines Limited to the west.”

Silver Bull Announces Private Placement of US$3 Million

Tim Barry, Silver Bull President and CEO, stated, “As announced by the Company on June 4, 2018, the Company granted South32 Limited (ASX/JSE/LSE: S32) an option to form a 70/30 joint venture with respect to its Sierra Mojada Project. Upon the closing of the Private Placement, the Company expects to be fully funded for the initial four year option period under the option agreement, provided that South32 maintains the option in good standing by advancing the requisite funding pursuant to the terms of the option agreement.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.