Month: February 2023

Vizsla Silver Announces Incentive Plan Rewards

Vizsla Silver Corp. announces that, pursuant to the Company’s Omnibus Equity Incentive Compensation Plan, it has granted 2,130,000 stock options at an exercise price of $1.60 and 1,133,572 restricted share units to directors, officers, employees and consultants of the Company.

Osisko Development Announces $45 Million Bought Deal Financing

Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate 6,819,000 Units of the Company at a price of $6.60 per Unit for aggregate gross proceeds of $45,005,400.

Consolidated Zinc Enters Binding Conditional Agreement to Sell Plomosas Project for US$6 Million

Consolidated Zinc Limited is pleased to announce that it has entered into a binding conditional share sale agreement with Impact Silver Corp., a TSX Venture Exchange and FSE listed company domiciled in British Columbia, Canada pursuant to which the Company will sell its 100% legal and beneficial interest in Minera Latin American Zinc S.A.P.I de C.V., a subsidiary of the Company that owns the Plomosas Project, to Impact Silver.

Prime Meridian Resources Corp. Executes Purchase Option Agreement on the Cuatro Hermanos Project

Brian Leeners, CEO of Prime Meridian, stated, “The Cuatro Hermanos Copper Project is currently an 8-square kilometre, at-surface, copper and molybdenum system with near-term soluble copper (SXEW) production potential. The asset in its entirety versus the current value of PMR, represents tremendous leverage to rising copper and molybdenum prices which are beginning to reflect projected deficits in forward supply.”

Chesapeake Gold Files Amended Metates Technical Report

Chesapeake Gold Corp. announces that it has filed an amended technical report and preliminary economic assessment titled “Metates Sulphide Heap Leach Project – Phase 1” dated January 13, 2023, with an effective date of December 15, 2022 in respect of the Company’s Metates project.

Barksdale Warrants Exercised and Options Issued

Barksdale CEO Rick Trotman comments, “We would like to thank all of those that exercised their warrants over the past twelve months. Our great shareholder base, including Teck Resources, Delbrook Capital Advisors, US Global Investors, among others, have ensured that the Company is fully funded to execute our fully permitted San Antonio drilling program as well as to initiate drilling at Sunnyside when the final permit is delivered in the next few months.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.