Month: March 2021

Comet Resources: Acquisition of Highly Prospective Copper-Gold Project in Northern Territory

Commenting on the proposed acquisition, Comet Resources Managing Director Matthew O’Kane stated “This portfolio combines both advanced and early stage copper, gold and base metals targets. Being located in Australia they complement our existing copper and base metals project at Barraba in NSW, and provide Comet increased exposure to copper upside, which we believe will continue to strengthen as a result of increased global infrastructure spending and the transition to clean energy. With our recent placement, we are funded to explore all our existing projects as well as this latest exciting acquisition.”

Prime Mining Extends Bonanza Grade Gold-Silver Mineralization 150 Metres Below Previous Drilling in Estaca Vein

Chief Executive Officer, Daniel Kunz commented “Our first Guadalupe East drill hole opens up impressive bonanza-grade gold-silver potential at Los Reyes and highlights the expanding potential at depth and to the east at Guadalupe. Recognition of the San Nicolas vein at shallow depths and below the current pit boundary offers significant pit expansion opportunities, while the newly sampled bonanza grade mineralized structures in an area known as Mina 20/21 may lead Prime to discover more mineral deposit areas”.

Canuc Closes Private Placement

Canuc Resources Corporation announces the closing of a previously announced Private Placement for gross proceeds of $4,500,000 CAD.

Osisko Development Corp. Closes Previously-Announced CDN $33.6 Million “Bought Deal” Private Placement of Flow-Through Shares

The gross proceeds from the sale of the Offered Shares will be used by the Corporation to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada) related to the Cariboo Gold Project and other exploration assets of the Corporation located in British Columbia.

First Majestic Renews Share Repurchase Program

Pursuant to the Share Repurchase, the Company has the ability to repurchase up to 10,000,000 common shares of the Company which represents approximately 4.5% of the 221,681,131 issued and outstanding shares of the Company as of March 8, 2021.

Radius Gold JV partner receives drill permits for Holly project, Guatemala

Radius Gold Inc. is pleased to announce that together with JV partner, Volcanic Gold Mines, the companies have received final approval from the Ministerio de Ambiente y Recursos Naturales (Ministry of Environment and Natural Resources) to conduct drilling on the Holly Project in eastern Guatemala.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.