Author: Josue Gomez

Capstone Announces Closing of $150 Million Silver Stream Agreement with Wheaton Precious Metals; Achieves Net Cash Position

“With a current net cash position, this transaction gives Capstone one of the strongest balance sheets amongst its peers,” said Darren Pylot, President & CEO of Capstone. “Additionally, we are expecting around one billion dollars of after-tax operating cash flow over the next three years in the current $4.00 copper price environment. We look forward to strengthening our partnership with Wheaton as we continue advanced discussions for a potential gold stream on Santo Domingo.”

Brigadier Adding Second Drill Rig for Commencement of Phase Two Diamond Drilling at Picachos High Grade Gold-Silver Property

Ranjeet Sundher, Brigadier’s CEO commented: “We continue to make excellent progress at Picachos, although we have only just started to evaluate the potential of this extensive mineralized system. The additional rig will help considerably in accelerating our investigating the many high priority existing and newly identified targets on the Property…”

Minerva’s Cognitive AI Prospect-Generation Software Empowers Recent Investment by Giga Metals in Brazil and Company Announces Closing of Private Placement

“The commercial validation of our TARGET software is yet another indication of the power of Minerva’s Cognitive AI-powered software,” said Scott Tillman, CEO of Minerva Intelligence. “The successful deployment of our TARGET software highlights the value we are able to provide to companies that are managing large datasets and seeking to incorporate an artificial intelligence element into the decision-making process. Our success with Giga in Brazil, in conjunction with our recent success in Mexico, points to even greater success in the future in delivering results for mining and exploration companies around the world.”

Tocvan Initiates Next Phase of Exploration at Pilar Gold-Silver Project Sonora, Mexico

“We are excited to have boots back on the ground at Pilar,” commented VP Exploration, Brodie Sutherland. “The results released last week for our Phase I drill program show the potential to grow the known extent of mineralization at depth and along strike. The high-grade gold and silver intercepts provide evidence for deep rooted structures which we are just starting to uncover.”

United States Antimony Corporation (UAMY) Announces Receipt of Warning Letter from NYSE American

The violations relate to two non-underwritten transactions involving the sale of an aggregate of 26,290,000 shares of common stock at a discount to the market price at the time of each transaction, with the first transaction, which closed on February 3, 2021, involving the sale of 15,300,000 shares of common stock at a purchase price of $0.70 per share, and with the second transaction, which closed on February 16, 2021, involving the sale of 10,990,000 shares of common stock at a purchase price of $1.30 per share.

Stroud Resources Announces Commencement of Drill Program

Stroud Resources Ltd. is pleased to announce that its drilling permit application has been approved by the Mexican Mining Authority for its Santo Domingo Silver Property located in Hostotipaquillo Region of Jalisco, Mexico.

Newmont Delivers Record Full-Year and Fourth Quarter Results

“In 2020, Newmont achieved record performance including $3.6 billion of free cash flow and ending the year with over $5.5 billion of consolidated cash. These results enable Newmont to lead the industry in shareholder returns, invest in organic growth and maintain financial flexibility,” said Tom Palmer, President and Chief Executive Officer.

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