Day: January 9, 2019

Americas Silver and Pershing Gold Announce Respective Shareholder Approvals for Business Combination

“The Board of Directors and management teams of both companies are pleased that our shareholders overwhelmingly supported this Transaction and would like to thank them for their continuing support,” said Darren Blasutti, President and Chief Executive Officer of Americas Silver. “Today marks another important step forward toward our goal of creating a profitable, low?cost precious metal company. Upon closing of the Transaction, we will be focused on advancing the next phase of the combined company’s growth by financing and bringing the low-capital, high-return Relief Canyon Mine into production.”

Riverside Resources Outlines Corporate Outlook For 2019

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside is in a good position heading into 2019, we are focused to leverage off of last year’s work to improve the Company’s portfolio and are working up partnerships and catalysts for a positive year ahead. We have drill targets ready to go along with shares in other juniors and remain focused on delivering new accretive transactions for the Company. We are confident 2019 will be a strong rebound year for the Company with momentum building during the first quarter.”

Gainey Closes First Tranche of Private Placement

Gainey Capital Corp. is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange and will close a $750,000 first tranche of its non-brokered private placement of up to $1,150,000 announced on November 28, 2018.

SilverCrest Announces Additional High-Grade Results at Las Chispas, Including Record Drill Hole Intercept; 9.3 Metres (True Width) at 6,336 gpt AgEq

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “Drill Hole BA18-122 is for the record books with 9.3 metres (true width) grading 6,336 gpt AgEq (84.5 gpt AuEq). Further positive results from closely spaced in-fill drilling continue to confirm the continuity of high-grade mineralization in the Babicanora Vein, including Area 51 and Babicanora Central zones, as well as the Babicanora FW and HW veins. Additional drill holes in Area 51 are indicating wider mineralized thicknesses in several areas than previously modelled and are identifying discrete multi-kilogram per tonne silver equivalent mineralized shoots (Shoots 43 and 51). These additional core holes are critical to both in-fill confirmation and potential expansion of resources in the Babicanora veins. This is a great way to start the New Year as we continue to improve our confidence and add ounces in Area 51, hunt for new discoveries on the additional 22 known veins not in the September 2018 resource estimate, compile the new drill results for the next updated resource, and advance the Las Chispas Preliminary Economic Assessment.”

Premier Gold Launches Updated Logo & Website

“We have completed a successful transition to producer status by building on our strong reputation as a respected explorer,” said Ewan Downie, President and CEO of Premier. “Looking forward, our goal is to deliver a safe, low-cost and growing production profile for the benefit of our shareholders, employees, local communities and related stakeholders.”

Fresnillo appoints André Sougarret Larroquete as COO

Fresnillo is pleased to confirm the appointment of Mr André Sougarret Larroquete as Chief Operating Officer. In his role, Mr Sougarret Larroquete will oversee the safe and efficient running of our existing mines.

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.

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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.