Month: June 2021

Vizsla Silver Obtains Shareholder and Court Approval of Spin-Out of Copper Exploration Assets and Closes the C$4 Million Non-Brokered Private Placement

Once the Arrangement becomes effective, Shareholders will own shares in both public companies: (i) Vizsla Copper, which will focus on the 100% owned Blueberry copper project located in the Babine porphyry belt of Central British Columbia and the option to acquire a 60% interest in the Carruthers Pass copper property located 200 kilometres north of Smithers, British Columbia, and (ii) Vizsla Silver, which will continue to advance the Panuco Copala silver-gold project in Mexico.

Minera Alamos Provides Santana Project Operations Update

All construction has now been completed with the full leach pad now lined and available for stacking. First loading of mined material from the Nicho Norte pit commenced earlier this month in preparation for the commissioning of leach operations around the end of June.

BHP and Riverside Complete Second Year Targeting Phase on 5 Porphyry Cu District Projects and Progressing Toward Drilling in near Future in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude: “We are on track with BHP moving toward drill testing and continue progressing a strong pipeline of copper properties that have giant scale exploration discovery potential. As properties move along, some will no longer fit for BHP and these become 100% Riverside so over time Riverside’s sole ownership portfolio will also be growing.”

Advance Gold Closes Private Placement

Subject to the receipt of all regulatory approvals, the Company will issue 3,333,333 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at $0.075 for 24 months, expiring June 17, 2023, for gross proceeds of $200,000.

Ridgestone Files Guadalupe y Calvo Technical Report on SEDAR

Ridgestone Mining Inc. is pleased to announce that it has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects supporting the maiden mineral resource estimate for its Guadalupe y Calvo gold-silver project, previously reported in the Company’s news release dated May 10th, 2021.

Excellon Files Platosa Technical Report

Excellon Resources Inc. is pleased to announce the filing of an independent technical report for the Platosa Mine in Durango, Mexico, which has been prepared in accordance with National Instrument 43-101 with an effective date of March 31, 2021.

SilverCrest Reports Results of AGM

SilverCrest Metals Inc. is pleased to announce the results of its Annual General Meeting of Shareholders held in Vancouver, BC on June 15, 2021.

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.