Month: January 2024

Bear Creek Mining Announces Grant of Options

Bear Creek Mining Corporation announces that its board of directors has authorized and approved a grant of 500,000 stock options to its recently appointed Chief Financial Officer pursuant to its stock option plan.

Silver Storm Drills 1,810 g/t Ag.Eq Over 14.6 m In C460 Zone

Greg McKenzie, President and CEO, commented: “C460 was the largest zone mined when Quebradillas was previously in production by First Majestic Silver. The high-grade mineralization reported today extends the C460 Zone at depth to the south where limited drilling was previously performed. The mineralization in this area is higher-grade, and wider, than the previously mined stopes immediately above. We were pleasantly surprised by the much higher grades in this area and will follow up with additional drilling in this location in 2024.”

Aztec Minerals Shareholder Update: Review of 2023 and Outlook for 2024

Simon Dyakowski, President & CEO of Aztec, commented, “Aztec Minerals significantly advanced each of our emerging discovery stage projects in 2023, highlighted by the discovery of bonanza grade silver at the Tombstone project as part of a successful initial core drilling campaign at the property.”

Canuc Resources Initiates Mapping and Sampling Program at San Javier

“A program of geological mapping and sampling will provide us with the information necessary to plan for further work and an effective drilling campaign at San Javier. Our objectives remain confirmation of the IOCG thesis for ore genesis at San Javier and the discovery a silver mineral endowment consistent with this deposit type,” stated Christopher Berlet, President and CEO of Canuc Resources Corp.

Regency Silver Options Two Past Producing High-Grade Silver Projects Near San Dimas in Durango, Mexico

Regency Chairman Bruce Bragagnolo stated, “We are excited to acquire an option on the San Dimas Claims. The acquisition fits with our ongoing strategy of acquiring high grade properties in established mining camps and developing them to create substantial shareholder value. We firmly believe that, after Dios Padre, the San Dimas district is the next large scale mining district in Mexico and Regency plans to be firmly established in the area.”

Silver Viper Minerals Amends Private Placement Financing

Silver Viper Minerals Corp. announced today that the Company intends to amend its non-brokered private placement financing to raise gross proceeds of up to approximately $2,000,000 from the sale of up to 20,000,000 units at a price of $0.10 per Unit, each Unit consisting of one common share of the Company and one warrant.

Guanajuato Silver Appoints Danny Lee Chief Financial Officer

James Anderson, Chairman & CEO of Guanajuato Silver, said, “We are delighted to have Danny Lee join us at what is a very important time for Guanajuato Silver, as we look to grow our operating presence within Mexico, and at the same time, successfully complete the current expansion at our four producing silver mines.”

Oroco Announces Private Placement

Oroco Resource Corp. is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,000,000 through the issuance of up to 2,500,000 units at a price of $0.40 per Unit.

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.