Infinite Lithium Corp. announces that further to its press release dated January 15th announcing a non-brokered private placement of up to 8.4 million units at a price of $0.06 per Unit for aggregate gross proceeds of $504,000.00 that due to overwhelming demand it is arranging to increase the financing to up to 20 million units for aggregate gross proceeds of $1,200,000.
Eric Sprott Increases His Investment in Final Tranche
IMPACT Silver Corp. is pleased to announce the results of a sampling program in the Veta Negra area located 3.4 km to the northwest of IMPACT’s 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico.
“Phase I drilling allowed us to outline the footprint of the Alamos District and generate an inventory of silver-rich veins for systematic follow-up drilling,” stated Darrell Rader, President and CEO of Minaurum Gold. “Also, we are pleased to have acquired a significant quantity of historical data and expect that, once reviewed and verified, it will significantly enhance Phase II drill targeting.”
Mr. Carlos Silva, Chief Operating Officer, stated, “This property is situated in a very promising zone of the Zimapan Mining District and its proximity to the producing Zimapan Mine makes it a strategic acquisition for Santacruz.” Mr. Silva continued; “With respect to the Zimapan Mine, management discussions with Peñoles are at an advanced stage with respect to final terms of an agreement which would allow Santacruz to acquire the Zimapan assets.”
ISS and Glass Lewis are two leading independent, third party proxy advisory firms who among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.
Riverside’s President and CEO, John-Mark Staude, stated: “The latest work by our technical team and corresponding results are very encouraging and we intend to accelerate exploration efforts at Los Cuarentas given the potential for new high-grade gold discoveries across the property.”
ISS and Glass Lewis both recommend that Equinox Gold shareholders vote in favour of the resolutions to be voted on at the special meeting of shareholders to be held on January 28, 2020.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “After receiving the wide silver results at the Faisanes target from our 2019 drill program, we are pleased to announce that work has begun on our 2020 program. The first phase will involve underground drilling from the existing San Marcial tunnel, where work is already underway to provide drill access.”
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “While overshadowed by the higher-grade Babicanora Main, Footwall, and Norte veins, the Babi Sur Vein is the fourth highest-grade vein of the 10 veins with estimated resources at Las Chispas. The results to date suggest a wider and higher-grade vein than estimated in the previous resource.”
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