Greg Davison, Director of Silver Spruce, “We continue to update the multi-element data received this week from the recent due diligence sampling, while building our GIS database with revised drill hole co-ordinates, and geophysical and geological information focusing on the next phase of the ground truthing program and developing priority drill targets”.
Mark Smethurst, a Director of Tocvan, commented: “This is one of the more exciting properties I’ve come across in my career. The Pilar property has the right features and system to allow for great potential in defining a multimillion-ounce property.”
Riverside’s President and CEO, John-Mark Staude, stated: “We are very pleased to continue growing Riverside’s Canadian portfolio with an additional gold project with great potential in the Beardmore Geraldton Gold Belt. Riverside has now built a quality, easily accessible, readily drillable portfolio of three projects in Ontario adjacent to large higher-grade gold mines. The Company will explore partnerships to begin drill testing these prospects during 2020.”
The Company has returned $112 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
“We have been working on acquiring this very strategic concession for over two years and exploration at Sara Alicia was suspended so as not to generate further interest in the area and to ensure the acquisition of Sara Alicia II was completed without interference or competition.”
“This transaction both strengthens our balance sheet and provides ongoing exposure to new discoveries at Red Lake,” said Tom Palmer, President and Chief Executive Officer. “Evolution is a highly respected and responsible gold producer who is committed to the success of Red Lake and who we believe will prove a great partner for surrounding communities and stakeholders.”
The Company announced in a news release of October 21, its intention to convert certain outstanding indebtedness as at October 31, 2019, into Units of the Company, up to CA$175,000. The Company has received the necessary documentation from the participants and finalized this Debt Conversion. As such, an aggregate of CA$200,910 of indebtedness was converted into 4,018,200 common Shares…
Goldplay President and CEO Marcio Fonseca commented, “We are pleased to report the mineralized intercepts, including high grade silver, in the maiden drill program at San Marcial’s Nava Target. Goldplay’s 2019 field studies mark the first time in approximately ten years that any type of exploration has been carried out at the project. The encouraging results warrant further exploration, advancing the Company’s objective of resource expansion of San Marcial.”
Fred Davidson, President & CEO of IMPACT stated, “All credits to our mining team this quarter in turning mining operations from negative to positive earnings. Coinciding the execution of operational excellence, improved silver prices within the quarter boosted margins. We also welcomed new investors into IMPACT with our recent $4.95 million financing, taking advantage of the resurging silver interest over summer.”
VANCOUVER, British Columbia, Nov. 22, 2019 (GLOBE NEWSWIRE) — Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”), is pleased to announce that a
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