Month: September 2020

Silver Spruce Provides Update on Pino de Plata

“We are maintaining communication with drilling and geological teams in Mexico to exercise contract offers on a timely basis and we look forward with great anticipation to initiation of our fully funded Phase 1 drilling program on the Pino de Plata silver project.”

DynaResource, Inc. and DynaResource de México SA. de CV. Announce the Filing in Dallas County, TX of a Petition for Recognition Of The $48M USD Foreign Judgment Against Goldgroup Resources Inc. (the Subsidiary of Goldgroup Mining Inc.)

DynaUSA CEO and DynaMéxico President Mr. K.D. Diepholz noted: “The $48M USD Recognition Claim against Goldgroup Resources Inc. is the final step in the litigation against Goldgroup. The $48M USD award constitutes damages caused by Goldgroup to DynaMéxico, and DynaMéxico intends to pursue all legal avenues for collection of the damages from Goldgroup.”

Gray Rock Announces Board Changes

Gray Rock Resources Ltd. is pleased to announce that Mr. Stephen Williams, P.Eng, MBA, has been appointed to the Company’s Board of Directors, effective immediately.

Capitan Mining Inc. Receives Drill Permit and Commences Drilling at Penoles

Capitan’s CEO, Alberto Orozco, stated: “I am very excited to commence drilling at the Peñoles Project, and to be doing it as scheduled despite the challenges faced by our industry pertaining to Covid. We have a great technical team at Capitan, with significant experience in heap leach projects in Durango, Mexico. I am also pleased to have Layne de Mexico contracted as our driller at the Peñoles Project.”

Orogen Royalties: Silicon Nevada Royalty Update

Paddy Nicol, Orogen’s CEO states, “These results are exciting and have potentially meaningful implications for Orogen’s royalty on the Silicon project. The drill holes are located approximately 1,500 metres from the southern extent of AngloGold’s drilling on the main Silicon area.”

Mithril Extends Gold and Silver Vein System at La Soledad

“At La Soledad, the drilling has confirmed the high grades for gold and silver and has indicated considerable size for the La Soledad mine area with multiple high-grade parallel veins intercepted in this preliminary program. We are very pleased with these first drill results and to have gained considerable understanding about this multiple high-grade vein system. We look forward to returning to La Soledad in the next program.”

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