Year: 2021

Zacatecas Silver Receives Positive Preliminary Metallurgical Test Results for Both Bulk Flotation and Sequential Flotation Recovery Options, with the Bulk Flotation Demonstrating Recoveries of 96.2 % Silver, 93.6% Gold, 96.5% Zinc and 92.1 % Lead into a Rougher Concentrate

The work completed by SGS was a first-pass bench-scale scoping study based on a small bulk sample of historical drill core, being 100 kg. It is the first metallurgical test-work completed at Panuco and demonstrates robust gold, silver, lead and zinc recoveries above 90% are achievable.

Mithril Drills 74 g/t Gold, 841 g/t Silver Over 6.8 Metres – Copalquin District, Mexico

“With the extremely high-grade intercept in hole CDH-072 we have confirmed the bonanza grades El Cometa intercepted by the historic drilling (UC-03) and further developed the model for the complex El Cometa vein system. The model will guide future exploration in this structure which extends 2km east to Los Reyes. Our deeper drilling to extend the eastern side of the El Refugio clavo has shown excellent continuity intercepting multiple veins.”

Azucar Grants Stock Options

Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors and officers of the Company to purchase an aggregate 413,000 common shares in the capital of the Company at an exercise price of $0.13 per share which expire on June 14, 2023.

Almadex Provides Update on Royalty Portfolio

J. Duane Poliquin, Chairman of Almadex, stated “It is gratifying to see GMTN make such rapid progress at Elk. We are very excited by the possibility that our 2% NSR royalty on this Project will become the first cash-flowing royalty in the Company’s portfolio.”

Minaurum Announces C$7.0 Million Bought Deal Public Offering

Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole underwriter and bookrunner, pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 17,500,000 units of the Company at a price of C$0.40 per Unit for aggregate gross proceeds of C$7,000,000.

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