Month: September 2020

MAG Silver Completes US$50M ATM

MAG Silver intends to use the net proceeds of the Offering primarily to fund the completion of construction of the Juanicipio Project, with any remainder to fund further exploration of Juanicipio and other projects, and for working capital and general corporate purposes.

GR Silver Mining AGM Update

GR Silver Mining Ltd. will hold its annual general meeting of shareholders of the Company on September 11, 2020 at 10:00 a.m. (PST).

Azucar Updates on Intended Resumption of Activities at the El Cobre Project, Mexico

J. Duane Poliquin, Chairman of Azucar commented, “We continue to push on with our comprehensive two year intensive drill program at the El Cobre project. The drill program has identified multiple zones of porphyry mineralisation within a large area of hydrothermal alteration. The footprint of the system is very large and future work will be focused on searching for the core feeder zones of this large system.”

Minera Alamos Closes C$15.0 Million Bought Deal Financing

“We are pleased to welcome as shareholders a number of new institutional investors who participated in this fully-sold, upsized Offering. The financing has provided working capital that will allow Minera Alamos to not only complete its ongoing construction of the Santana gold mine, but also aggressively advance the newly acquired Cerro de Oro gold project in Zacatecas,” stated Doug Ramshaw, President.

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.