Day: August 24, 2020

Capitan Mining Inc. Closes $3.84 Million Financing

The Company will use the net proceeds of the Private Placement to fund a focused drill program at the Peñoles Gold-Silver Project, additional project acquisitions and general corporate purposes.

Orla Mining Appoints Sylvain Guerard as Senior Vice President, Exploration

“We are excited to welcome Sylvain to the Orla team. The addition of this capable individual reinforces our commitment to focus on exploration within our 178,000 hectares of concessions. These concessions are situated along the prolific San Tiburcio fault system in Zacatecas, Mexico, and within a geologically prospective area for copper and gold in southwestern Panama. We expect to continue to make more discoveries, expand our resource base, and advance our project pipeline to create value”, stated Jason Simpson, President and Chief Executive Officer of Orla.

Redstar Gold Completes $7 Million Private Placement, Acquires Heliodor Metals Limited and Appoints a New CEO

Jacques Vaillancourt, Executive Chairman of Redstar Gold Corp. stated: “We are pleased to close this strongly supported equity financing that was oversubscribed from the start. With approximately C$10,000,000 in cash and investments, we now have the funds needed to commence drilling at our Unga project in Alaska and to begin exploring the Heliodor properties in Mexico. We are especially pleased to welcome Charles Funk to the role of CEO and look forward to providing regular updates on our exploration programs throughout the rest of 2020.”

Update on Progress at Santa Elena Mine

“We’ve had normal ups and downs that any new miner experiences when implementing new processes. The crew at the mine have done a great job of adjusting and fixing issues as they’ve arisen. Mexus will continue to increase production each quarter,” CEO Paul Thompson, Sr.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

All News

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.