Month: October 2019

Torex Gold Resources Inc. maintains regular and open dialogue with all shareholders and stakeholders. As part of our open dialogue, we welcome and consider all feedback from shareholders and consider such feedback in the Board’s regular review processes. The Board, as it always has, uses best practices to ensure that there are no circumstances which would interfere with the execution of a director’s fiduciary responsibility to Torex and its shareholders.

Vizsla Resources Corp.’s shares were up by almost 80% Wednesday October 9 following a resumption of trading that came after the company said it had received conditional approval from the TSX Venture Exchange to acquire Canam Alpine Ventures Ltd., a company that holds underlying options on the Copala-Panuco silver district in Sinaloa, Mexico.

Colibri Resource Corporation wishes to announce that, subject to regulatory approval, it has completed a private placement in the amount of 3,260,000 units for gross proceeds of $163,000 and incurred cash commissions of $4,200.

The proceeds of the private placement will be used to incur “Canadian Exploration Expenses” on the exploration on the Buck property which qualify as “Flow-Through Mining Expenditures” under the Income Tax Act. Such expenditures will be renounced to subscribers effective December 31, 2019.

Gregory Beischer, Millrock President & CEO commented “We have developed a compelling drill target at West Pogo. Numerous lines of evidence are pointing to the area along Aurora Creek, which is directly along strike to the southwest from a new, high grade discovery reported by our neighbours next door. We plan to construct a drill trail from the Pogo Gold Mine road to Aurora Creek and drill a well to provide a nearby, winter water source. This will give the flexibility to begin drilling in the winter months of 2020.”

Aura Minerals Inc. is pleased to announce the appointment of Richmond Fenn to the Company’s Board of Directors effective October 7, 2019.