Day: September 16, 2019

VVC Announces Extended Closing for Private Placement Financing

The TSX Venture Exchange has conditional accepted this Private Placement which Closing was to occur on September 12, 2019, but the Company has requested that the Closing be extended to October 11. Subscriptions received to date amount to about CA$1.8 million.

Premier Bolsters Operations Team with the Addition of Peter Van Alphen

Premier Gold Mines Limited is pleased to announce that Mr. Peter van Alphen is joining the Company as its Chief Operating Officer. Peter brings to Premier a successful track record of mine development and operations. In this role Peter will oversee the Company’s mining and development Projects including the Mercedes and South Arturo mines, and will lead development planning for Premier’s advanced-stage projects including Hardrock (Greenstone Gold) and Cove.

Leagold Commences Multi-Phase Exploration Program in Bermejal South Area at Los Filos

Leagold CEO Neil Woodyer stated: “Over 6 million ounces of gold have been mined or are in mineral reserves along a 4 kilometre length of the north end of the Bermejal Intrusive contact, and yet a further 8 kilometres of the contact remains with very limited exploration to the south. Less than 2% of previous drilling was to the south, despite several prospects of high-grade mineralization, and an area with potential for broad widths of lower grade mineralization has been identified, demonstrating the prospectivity of this area. We are initiating a multi-phase program that will progressively identify, test and advance targets in this area.”

Alamos Gold Receives Award for Best Corporate Social Responsibility Practice

“We are honored to be receiving this Award for our commitment and leadership in corporate social responsibility in Mexico. As a company, sustainability and corporate social responsibility are core values which are incorporated into activities at all our operations,” said John A. McCluskey, President and CEO.

Starcore Reports Q1 Results

Starcore International Mines Ltd. has filed the results for the first quarter ended July 31, 2019 for the Company and its mining operations in Queretaro, Mexico.

Energold Drilling Corp. Announces Filing Under Companies’ Creditors Arrangement Act, Sale Of Substantially All Of Bertram Drilling Corp.’s Assets, Commencement Of Sales Process, And $3.75 Million Interim Working Capital Financing

“I am excited by the strong support shown by the Noteholders as demonstrated by the Interim Lender’s provision of the up to $3.75 million WC Facility, which will provide us with the working capital we need to meet our current customer demand and to continue to provide the highest standard of service through the CCAA proceedings,” said Marco Garrido, Director of Sales of Energold’s Mexico division.

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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.