Month: November 2018

“Despite the operational and weather-related challenges, and the low metal prices experienced in the third quarter, the Company continued to increase mill throughput at San Rafael through the quarter,” said Darren Blasutti, President & CEO of Americas Silver. “As a result, the San Rafael mill is now consistently achieving over 1,700 tonnes per day. With capital development to reach the Main Zone nearing completion at San Rafael and Galena running smoothly since mid-July, we expect the fourth quarter to achieve the highest silver and silver equivalent production quarter of 2018.”

Oroco Resource Corp. is pleased to announce that it has closed the non-brokered private placement financing previously announced by news releases dated October 9, 2018 and October 25, 2018. The Company has raised gross proceeds of $750,000 through the sale of a total of 3,750,000 units at a price of $0.20 per unit.

Advance Gold Corp. proposes to undertake a non-brokered private placement of units at a price of $0.08 per unit for gross proceeds of up to $300,000.

Canuc Resources Corporation is pleased to announce that it has received final approval from the TSX Venture Exchange for the previously announced acquisition of Full Circle Energy Ltd.

Golden Reign Resources Ltd. and Marlin Gold Mining Ltd. are pleased to announced that Marlin has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which and subject to the terms of the Arrangement Agreement date August 3, 2018, between Golden Reign and Marlin, Golden Reign will acquire all of the issued and outstanding common shares of Marlin on the basis set forth in the Arrangement Agreement which is available under each company’s SEDAR profile at www.sedar.com.

As a result of a review by the British Columbia Securities Commission, Advance Gold is issuing the following news release to clarify the disclosure in its news release of Oct. 29, 2018.

“We made excellent progress in the third quarter towards both our near and long-term objectives. We met our quarterly production guidance and remain well positioned to achieve full year guidance. We completed the Phase I expansion at Island Gold on schedule and are having ongoing success on the exploration front which has translated into significant Mineral Reserve and Resource growth in the year since we acquired the mine. We’re also advancing on the lower mine expansion at Young-Davidson which will unlock the full potential of the mine and drive significant free cash flow growth,” said John A. McCluskey, President and Chief Executive Officer.