Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: ‘We are in a unique position for a gold and silver explorer as having found a fully intact epithermal vein system. This is a fairly rare occurrence…”
A cinco años del derrame de 40 mil metros cúbicos de sulfato de cobre acidulado de la mina Buenavista del Cobre en la cuenca del Río Sonora, un grupo de expertos concluye que el impacto de tal fuga fue nulificado dos días después del incidente.
Mr. Pedro Villagran-Garcia, President & CEO, announces that Tamino continues to be hard at work. We have had a fast start to 2019 with excellent results in the first, second and third quarters through the collective group initiatives of sourcing new acquisitions, and financing to become current on OTC Markets.
Following the Arrangement, Levon is now a wholly-owned subsidiary of Discovery. Discovery will cause (i) the Levon Shares to be delisted from the Toronto Stock Exchange, and (ii) Levon to submit an application to the securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.
Excellon Resources Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. as sole bookrunner and lead underwriter, on its own behalf and on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 9,500,000 units of the Company at a price of $1.06 per Unit for gross proceeds to the Company of approximately $10 million. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire an additional Common Share at a price of $1.40 for a period of 24 months following the closing of the Offering.
During the quarter, one underground and two surface core drill rigs at San Sebastian successfully added new mineralization to the Middle and El Toro veins, respectively, potentially adding oxide mine life to San Sebastian. One reverse circulation drill continued to define promising near-surface targets in the El Toro area.
Santacruz Silver Mining Ltd. announces that it has granted a total of 8,500,000 stock options to its directors, officers, employees, consultants and advisors. The stock options, which are subject to the terms and conditions of the Company’s stock option plan, have a five-year term, are exercisable at $0.18 per share and subject to certain vesting requirements.
Dan Smith, Chairman of Alien commented, ‘Given the increase in the silver price during 2019, the timing for a potential farm-out or joint-venture in respect of the Los Campos and San Celso projects is increasingly attractive. These short sampling programmes enrich and corroborate historic data, ensuring the Company is well-prepared to advance these projects. We will provide an update following receipt of the assay results, likely to be during the course of August.’
CEO John Lawrence said ‘USAC is now on the cusp of an operational break out with the installation of three LRF furnaces at Madero, the startup of major gold and silver production from Los Juarez, and the continued increase in BRZ sales of zeolite.’
Mexus Gold US is pleased to announce that it has poured gold at its Santa Elena mine. The company recovered gold from its first heap leach pad using its Merrill Crowe gold recovery system. The remaining precipitate smelting is expected to take 5 days. ‘This is a monumental moment for Mexus. It has taken years with many ups and downs but through hard work and the dedication of our staff weve been able to meet this long sought-after goal. Mexus looks forward to building out the Santa Elena mine,’ added Mexus CEO, Paul Thompson Sr.
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