Month: June 2022

Reyna Silver Increases Size of Brokered Private Placement to C$4.0 Million

Reyna Silver Corp. is pleased to announce that due to significant investor demand, the Company has increased the size of its previously announced “best efforts” private placement from C$3,000,000 to C$4,000,000 from the sale of up to 11,111,111 units of the Company at a price of C$0.36 per Unit.

Sonoro Gold Announces $2 Million Private Placement

Sonoro Gold Corp. is pleased to announce that it will undertake a non-brokered private placement offering consisting of up to 13,500,000 units at a price of C$0.15 per Unit, for gross proceeds of up to C$2,025,000.

Silver Viper Minerals Announces $3 Million Private Placement

Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise gross proceeds of up to $3,000,000 from the sale of up to 15,000,000 units at a price of $0.20 per Unit, each Unit consisting of one common share of the Company and one-half of one warrant.

Zacatecas Silver Commences Work Preparing Current Resource Estimate at Esperanza Gold Project

Dr. Chris Wilson, Chief Operating Officer and Director of Zacatecas , comments “Our technical team is excited to have commenced verification and bulk sampling of historical core and RC chips. The core and RC chips have been stored in a secure facility and is of excellent quality. All original historical drill logs, geotechnical data and sample data is available and is also of a very high standard.”

Benjamin Hill Announces Drill Results From El Fierro Exploration Zone

Benjamin Hill Mining President Greg Bronson stated: “The El Fierro area hosts several prospective mineralized veins that have returned encouraging copper and gold assays from near surface intervals. Additionally, good gold assays at depth confirm a metals enriched hydrothermal system that merits further investigation”.

Goldgroup Announces Increase to Proposed Non-Brokered Private Placement

Goldgroup Mining Inc. is pleased to announce that the Company has increased its previously announced private placement financing (see news release dated April 19, 2022) from 18,000,000 units of the Company to 19,542,857 Units at a price of $0.035 per Unit for aggregate gross proceeds of up to approximately $684,000.

Advance Lithium Provides an Update on Mining Law Changes

It should be noted that the analysis of the company’s deposits show that the composition of the mineralization is approximately equal parts lithium and potassium. While lithium is covered by this new legislation in Mexico, potassium is not.

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.

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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.