Candente Gold Corp. is pleased to advise that Sun River Gold has reported very positive recoveries from metallurgical testing of samples from the tailings deposit and is moving the project forward by negotiating the purchase of land for the new processing area and also working on the application for change of use of land for the area where the tailings are currently located.
One World Lithium Inc. reports the completion of holes 2019 1 and 2019 3 on its Salar del Diablo Property located in the State of Baja California, Mexico.
Erwin Wong, CFO and Director of Ridgestone Mining, commented: ‘While these sampling results represent material that was uneconomic at the time, we are highly encouraged by the grades presented in the context of todays metal price environment. The sampling results serve to reaffirm the historical mining records and moreover, the potential mineralization hosted by the Alaska and associated veins. Going forward, we are incorporating the bulk sample results in addition to the results from drilling, sampling, mapping and prospecting to refine our model for the high-grade mineralization hosted by the Alaska vein. Future planned exploration will include metallurgical testing and sampling of historical production adits and drifts.’
Radius Gold Inc. is pleased to report results from its phase two diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius completed 6 diamond drill holes (total 1756m) targeting the San Pedro structural zone.
Orla Mining Ltd. is pleased to announce the voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held today. All nominees as set forth in the Company’s management proxy circular dated May 9, 2019 were elected as directors of Orla at the AGM.
Aura Minerals Inc. announces the results of the votes held at the Annual General Meeting of Shareholders held on May 31, 2019 in Road Town, Tortola, British Virgin Islands.
The Manto America area hosts the strongest gold soil geochemical anomaly on IMPACT’s claims and extends over an area 3.5 km east-west and 900m north-south. It is located 10km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant. The area is being mapped and sampled by IMPACT and to date 33 rock samples greater than 2.0 g/t Au have been collected from historic artisanal underground workings and surface with values up to 19.5 g/t Gold over a true width of 1.2m.
Ethos Gold Corp. announces that it has completed a non-brokered private placement for gross proceeds of $225,000. The Company issued 1,125,000 units at a purchase price of $0.20 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant with each Warrant entitling the holder to purchase one common share of the Company at a purchase price of $0.40 per share until June 10, 2021.
Kootenay President and CEO, James McDonald stated: ‘It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17th. We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work.’
GREAT PANTHER MINING LIMITED is pleased to report that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the Company’s amended and restated Shareholder Rights Plan as well as the other proposed items to be considered at the upcoming Annual General and Special Meeting of shareholders of Great Panther.
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