Month: October 2020

The net proceeds of the private placement will be used to begin trading of tantalum and niobium-bearing ores from the Democratic Republic of the Congo, Brazil and Colombia, as well as for general working capital purposes.

Mr. Carlos Silva, CEO, stated; “During Q2 2020 when operations were suspended due to the Mexican Ministry of Health’s federal decree, we took the opportunity to make certain structural and management adjustments. As demonstrated by our third quarter results, these adjustments positioned us for improved performance.”

Candelaria Mining Corp. is pleased to announce that Mr. Mike Struthers has agreed to be appointed as Chief Executive Officer as part of a transaction to acquire the interests of Empire Metals Ltd. in the Bolnisi gold and copper project in the Republic of Georgia. In conjunction with his upcoming appointment as CEO, Mr. Struthers will join the Company’s Board of Directors. Candelaria is also pleased to announce that Dr. Neil O’Brien will join the Candelaria board as a director.

Bacanora Lithium plc, a lithium exploration and development company, notes the announcement by Erris Resources confirming that, at its general meeting held earlier today, all resolutions were duly passed.

Proceeds from the warrant exercise will be added to Aztec’s general working capital.

“I want to remind Mexus shareholders that we are entering into a period where three different gold recovery systems will be operational. In the near term we have the screen wash high-grade chloride material being processed. The company will also have its new heap leach pad in place and will be running high grade quartz material through our ball mill system.” added Mexus CEO Paul Thompson.

“The Company and its advisers continue to assess new projects and identified an opportunity to secure an exploration footprint in northern Greenland on strike and adjacent to the world class undeveloped Citronen zinc-lead project. Greenland is known for its low-sovereign risk, prospective geology and great potential in the resource sector.”

Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the updated Proven and Probable Mineral Reserves and positive results announced on September 9, 2020.