Month: September 2018

“The Scorpuis deal is directly inline with our ongoing Upper Level Epithermal Strategy successfully implemented in Mexico and Argentina,” commented Terry Harbort, Vice President of Corporate Development for Sable. “We see Peru as one of Latin Americas most stable and prospective mining jurisdictions. Coupled with our extensive operational experience and geological knowledge in the country and the field indications evident at Scorpius, we are pleased to have the right to acquire this high quality gold project. We will be implementing an aggressive exploration campaign to quickly define and test drill targets”

Following Consolidated Zinc Limited’s recent announcement of its transition to a zinc producer, the Company is now pleased to offer eligible shareholders an opportunity to share in the ongoing progress of your Company by subscribing for up to $15,000 in new CZL shares, with no brokerage costs, through a Share Purchase Plan.

Harvest Gold’s President and CEO, Rick Mark, states “I would like to thank our shareholders and our Vancouver based brokers for their belief in the Cerro Cascaron opportunity. In a still challenging market for junior gold explorers, they have provided us with additional funds that will allow us the flexibility to add meters to our drill program as results dictate. It also allows us to expand our exploration focus and delineate more prospective target areas and better understand the full potential of this district sized, high grade gold and silver property. I expect, with our Joint Venture partner Evrim Resources, we will be announcing details of the upcoming drill program shortly.”

Defiance Silver Corp. announces that, further to its news releases of June 19, 2018 and September 17, 2018, it has increased its third party loan facility from $700,000 to up to $1,120,810. The additional proceeds provide Defiance with the funding necessary to complete its proposed merger with ValOro Resources Inc. and to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico.

Colibri Resource Corporation wishes to clarify certain information regarding exploration potential on its Pilar Project in Sonora State, Mexico. In news releases issued on January 4, February 7 and March 20, 2018 and in its corporate presentation located on its website, the Company stated that it has defined an in-house resource calculation on the Main Zone deposit of 700,000 tonnes grading 1.9 g/t Au. The estimation reported incorporated historical drill holes reported by a previous operator and for which the Company can not verify location and assay data consistent with the requirements for NI 43-101 compliance. The resource calculation is therefore not NI 43-101 compliant and should not be relied upon.

The net proceeds received by the Company from the Offering and the Program will be used for exploration at the Company’s properties in Mexico and Argentina and for working capital and general corporate purposes.

Avino Silver & Gold Mines Ltd. today announced that it has priced an underwritten public offering of an aggregate of 6,239,867 common shares of the Company, together with warrants to purchase up to 6,239,867 common shares of the Company, at a public offering price of US$0.65 per share and associated warrant to purchase one common share. Each warrant will have an exercise price of US$0.80 and will expire five years from the date of issuance.