Valterra Resource Corporation reported today that it plans to issue up to a total of 15,000,000 units, in a non-brokered private placement at a price of $0.05 per unit for gross proceeds of Cdn $750,000.
On May 12, 2020, mining was deemed an essential activity by the Mexican authorities, and the Company has obtained formal authorization to fully restart operations at Aranzazu on May 27, 2020. The Company expects it will be able to gradually and safely resume activities at Aranzazu over the next few weeks.
Frente a la epidemia de coronavirus, Fresnillo PLC, a través del Proyecto Juanicipio, donó equipo médico para que los trabajadores de Salud tengan equipo de protección para mitigar el riesgo de contagio.
Defiance’s technical advisors, OreQuest Consultants have spent the past 6 months executing a work program focused on property-scale mapping, 3D modeling and drill core re-logging at the San Acacio project. As a result of this program, OreQuest and Defiance have generated novel targets in previously overlooked portions of the property. The recent work highlights the potential for composite vein systems at depth and suggests the presence of a long-lived mineralizing system at San Acacio.
$600,000 is slated for further gold exploration at the promising project.
Candente Gold Corp. is pleased to advise that the Company is continuing to use the current slowdown in field activities in Mexico to advance our growth strategy by planning underground work on the El Dorado project in Las Minitas, Nayarit while also evaluating and negotiating for additional properties with potential mill feed for the San Dieguito de Arriba plant in Nayarit.
Consolidated Zinc Limited is pleased to announce the fully underwritten pro-rata non-renounceable entitlements offer to raise $1,725,933 on the basis of 1 new share for every 3 shares held at the record date, at an issue price of $0.003 per New Share has closed in accordance with the Offer timetable.
This Thursday marks a year since Alonso Ancira, president and main shareholder of Altos Hornos de México (AHMSA), was arrested in Spain after being accused by the Mexican government of participating in a series of crimes that caused property damage to Petróleos Mexicanos (Pemex).
The proceeds from the Private Placement will be used to advance exploration efforts at the Company’s properties, including a comprehensive geophysical survey and expanded drilling program at Warintza, and for general and working capital purposes.
Golden Tag Resources Ltd. is pleased to announce the restructuring of the Company, and a non-brokered private placement offering for gross proceeds of up to $1,125,000. Subsequent to closing of the Financing, the Company will have cash balances of approximately $2.1 million, and no debt.
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