Month: December 2022

Capitan Announces Consolidation of 2.5km Silver Trend at Cruz De Plata Project, Durango Mexico

Alberto Orozco, CEO of Capitan Mining stated: “Consolidating the high-grade silver trend at Cruz de Plata has been one of our top priorities for Capitan Mining. We are pleased and very excited to announce that we have established a dominant land position in what we strongly believe will one day be recognized as a significant high-grade silver system in Durango, Mexico.”

Argonaut Gold Enters into Binding Agreement to Sell the Ana Paula Project and Option the San Antonio Project

“Argonaut’s focus at this time is our cornerstone asset, the Magino mine in Ontario Canada that will transform the Company to a low-cost, intermediate producer. This agreement allows Argonaut to potentially unlock value in two non-core Mexican assets and provides Argonaut with a very attractive upside for its shareholders,” said Larry Radford, President and CEO of Argonaut Gold.

Prime Mining Corp. Announces Upsize of Previously Announced Bought Deal Private Placement Financing to $18.3 Million

Prime Mining Corp. is pleased to announce that in connection with its previously announced bought deal private placement, the Company and Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. have agreed to increase the size of the previously announced offering from $16,500,000 to $18,300,000.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.