Month: August 2020

Americas Gold and Silver Announces C$25.0 Million Bought Deal Financing

The proceeds from the sale of the Shares will be used for the exploration, development and/or improvement of the Company’s existing mine properties, including those relating to bringing Relief Canyon into commercial production and for working capital and general corporate purposes.

Millrock Corporate Update

Millrock Resources Inc. reports that drilling at the Echo Target on the West Pogo block of the 64North gold project in Alaska has now begun.

Southern Silver Closes Both C$10 Million Brokered and C$4 Million Non-Brokered Private Placements

The net proceeds raised under the Offerings will be used to fund the cash payment for the Transaction and for general working capital purposes inclusive of funding costs associated with the continued exploration and development of the Cerro Las Minitas polymetallic mineral property in Durango, Mexico. Up to 10,000 metres of new drilling is planned on the property, commencing in mid-September.

Zanzibar Gold Inc Announces Greg Bronson as President and Chief Executive Officer

“I am very excited to be joining the Zanzibar team,” said Greg Bronson. “I believe Zanzibar has a great future with its newly acquired Sonora Gold project. Zanzibar has developed a talented Canadian/Mexican exploration team that uniquely positions it to capitalize on the growing gold environment. As the gold sector evolves through higher commodity prices, I believe Zanzibar can provide cost-effective exploration results and timely project news with Sonora Gold project.”

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.

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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.