Day: October 6, 2021

“We continue to advance our strategic objective to de-risk and advance Media Luna, which includes execution of our early works program to access the deposit from both the north and south sides of the Balsas River, continuation of the infill drilling program, and advancement of the permitting plan. Importantly, we are also well on track to deliver the Media Luna Feasibility Study as part of a broader Technical Report to be released in Q1 2022.”

Galore Resources Inc. is pleased to announce that that it has arranged a non-brokered private placement to raise gross proceeds of up to CDN $800,000.00.

McEwen Mining Inc. reports consolidated production for Q3 2021 was 32,100 gold ounces and 792,000 silver ounces, or 42,900 gold equivalent ounces compared to 30,400 GEOs in Q3 2020.

Tarachi Gold Corp. is pleased to announce a non-brokered private placement of up to 3,333,333 common shares at a price of $0.15 per Share to raise gross proceeds of up to $500,000.

“Parral in 2021 proved to be a very stable operation, producing 2.3 million silver equivalent ounces similar to the prior year, and generated in excess of $US 22 million in free cash flow over the year,” said Brad Langille, President and CEO. “We believe that the reinvestment of this free cash flow into the Los Ricos project is generating exceptional value growth for our shareholders.”

Allen Palmiere, President and Chief Executive Officer of GRC, said: “This Transaction offers an attractive opportunity to the shareholders of Aquila and GRC to develop the Back Forty Project using GRC’s strong balance sheet and cash flows.”