“In 2020, we added 6 million ounces of gold reserves overcoming the challenges of an unprecedented year. Newmont’s ability to replace reserves is underpinned by our disciplined operating model and world-class portfolio which will support stable production for decades to come.”
Prospero Silver Corp. announces that the Company has consolidated its common shares on the basis of one (1) new post-consolidation common share for every three (3) pre-consolidation common shares effective as of February 11, 2021. There will be no name change or trading symbol change in conjunction with the Consolidation.
Alien Metals Limited, a minerals exploration and development company, is pleased to announce that following the legal registration to acquire the Nueva Andromeda Permit next to San Celso, Mexico, it has issued 100,000 ordinary shares of no par value in the capital of the Company at an issue price of £0.00975p per share to the two vendors under the terms of the option agreement.
Orla previously announced the results for the Updated Feasibility Study, which highlighted an estimated Project after-tax net present value (5% discount rate) of $452 million with an after-tax internal rate of return of 62% at a gold price of $1,600 per ounce.
“I deeply regret being in a position where we had to finance at this price, a price well below what I believe to be our real value.”
“Drilling has now identified compelling sulphide and oxide intercepts within an 800 metres strike-length that require additional drilling. A further 400 metres remains to be tested on the east side of the Cerro and further drilling is warranted on the newly acquired El Sol Claim which will all be part of the continued 2021 drill campaign.”
Silver Spruce Resources Inc. announced today the closing of the final tranche of its private placement consisting of 5,420,000 flow-through units at a price of $0.06 per unit for gross proceeds of $325,200.
“While drilling was impacted by the ongoing pandemic and permitting delays at the Europa-Guadalupe target, we are encouraged by results demonstrating considerable potential along strike and down dip at our top vein targets,” stated Darrell Rader, President and CEO of Minaurum.
Colibri Resource Corporation is pleased to announce that its option partner, Tocvan Ventures Corp. has reported assay results from its Phase 1 drill program at Colibri’s Pilar Gold-Silver Project.
The net proceeds from the offering shall be primarily used to fund continued exploration of the Corporation’s El Tigre silver project located in Sonora, Mexico.
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