Month: September 2021

Altaley Mining Provides Update on Lender, Accendo Banco

The Company has learned that the Mexican National Banking and Securities Commission (CNBV) notified Accendo Banco, S.A. (Accendo Banco) of the revocation of its authorization to organize and operate as a multiple banking institution due to below the regulatory minimum levels of liquidity coverage ratio of the institution.

Silver Dollar Corporate Update

“It has been a rough patch for the junior resource sector over the last several months, but we remain laser-focused on creating value for our shareholders,” said Mike Romanik president of Silver Dollar. “We are cashed-up and eager to restart exploration drilling at La Joya.”

Fabled Increase Mineralized Diorite Dike To +1,000 Meters in Strike Length and To -400 Meters Vertically, Remains Open in All Directions

It now is the belief, that the mineralized diorite dike being encountered in present drilling or re-logged in past historical drilling is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth. The emplacement of the dike caused breccias and sheeted veins to the sides of the walls over considerable widths.

Southern Silver Corporate Update; Appointment of Director and Consultant

Lawrence Page, Q.C., Southern Silver’s President, stated: “We welcome the return of incumbent directors who have ably assisted the Company in the development of its principal property, Cerro Las Minitas. Donald Head did not stand for re-election and remains as a valued consultant to the Company. We are fortunate that Russell Ball and Paul Harbidge have agreed to assist the Company, as consultants and director as noted in this release.”

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