Month: September 2019

Compañía Minera Cuzcatlán ha invertido 177.2 millones de pesos en programas sociales de 2011 a la fecha

Uno de los proyectos más destacables a la fecha es el de cría y engorda de corderos en la comunidad de El Cuajilote. Éste ha sido impulsado exitosamente por Compañía Minera Cuzcatlán desde el 2016. La empresa contribuye con insumos y asesoría técnica, mientras que los productores aportan la mano de obra. Adicionalmente, los proveedores de insumos son 100% locales, beneficiando también a empresas de la región.

San Marco to Raise $1.05 Million Through Non-Brokered Private Placement

Proceeds of the private placement will be used for funding exploration of the Buck property, consisting primarily of drilling (approximately $500,000), general exploration for high quality gold/silver properties in B.C. (approximately $200,000) and working capital (approximately $350,000).

Canasil’s 2019 Sampling Returns High Grade Silver-Gold-Copper-Zinc-Lead Results at the Nora Project in Durango State, Mexico

Canasil President and CEO, Bahman Yamini, commented: “The high silver and gold grades, as well as copper, lead and zinc values, observed in surface outcrops from the Candy vein, and from associated mineral dumps, over a strike length of over 900 metres suggest the potential for a strong high grade epithermal vein with excellent targets for drill testing.”

Ridgestone Reports Historical Assay Results From Rebeico Gold-Copper Project, Sonora, Mexico

Jonathan George of YQ Gold, Ridgestone’s exploration partner in Mexico, commented “These claims not only significantly bolster our land position at Rebeico but also provide a number of high-priority targets that warrant further investigation and exploration. The grades highlighted by the historical assays are highly encouraging and will be the focus of the upcoming exploration program this fall.”

Kootenay Drills Multiple High-Grade Silver Intercepts at Columba Silver Project, Mexico

Kootenay President and CEO James McDonald states, “We continue to be pleased with the drill results at Columba. Step-out drill hole 19-012 intercepted 699 gpt silver over 2.1 meters and 755 gpt silver over 1.75 meters at a depth deeper than any previously known mineralization. In addition, drilling continues to hit multiple high-grade silver intercepts above and below known historic silver veins and to demonstrate excellent lateral and vertical extent along the F vein.”

Goldplay Exploration Ltd. Issues Shares for Services

Goldplay Exploration Ltd. announces that it will make its first issuance of shares to a contractor it engaged under the shares for services drilling contract previously announced on May 16, 2019. Under this issuance, the Company will issue 824,376 common shares at a deemed price of $0.20/share for services valued at $164,875.24. These shares are subject to a hold period expiring January 21, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

Silver Spruce Announces Melchett Lake VMS Project Acquisition

Silver Spruce Resources Inc. is pleased to announce that it has signed a binding Letter of Intent with three parties to acquire 100% of the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada.

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