“We are extremely delighted with the support shown by the commitments of all parties in the capital raising and we look forward to rewarding all our supportive shareholders with exciting news from Mexico over the coming months.”
Con el firme propósito de mantener alejada de Coronavirus la empresa Fresnillo PLC con operación en la comunidad de San Julián en Guadalupe y Calvo fortalece las medidas sanitarias entre el personal y la población.
Ranjeet Sundher, CEO, remarks “Picachos marks an important acquisition for Brigadier, positioning the Company in a prolific gold and silver region of Mexico. Picachos is road accessible and demonstrates exceptional potential for advancement. Over 160 underexplored historic mines and workings throughout Picachos provide excellent potential for discovery of new gold-silver mineralized zones. Picachos benefits from a comprehensive historical exploration data library, allowing for the immediate commencement of exploration and an inaugural drill program. We’re looking forward to getting boots on the ground and drills turning.”
Alrededor de 900 personas se quedaron sin empleo en la región.
“We are excited to follow up on last year’s discovery of the Cinco Senores Vein target, where the Company intersected 2m of 21.37 g/t gold in a new zone. This discovery demonstrates the well-endowed nature of Las Minas and the potential for opening up another area of significant gold mineralization at the project.”
A property payment of US$100,000 due October 15, 2020 has now been deferred to May 31, 2021.
“As we approach the data cut-off for our initial resource, we are excited to see the high-grade intercepts at Rascadero in the northern end of Los Ricos South. After 16 months of drilling, these intercepts are among some of our best to date,” said Brad Langille, President and CEO.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very pleased with the progress of our exploration program at Plomosas. We see significant strike length, down dip extensions and the presence of multiple veins, exhibiting the potential to define a large low sulphidation epithermal system covering most of the areas previously drilled.”
“Having two highly prospective properties in Quebec, which are both proximal to major gold discoveries, allows us to leverage our technical team and increases our chances for multiple discoveries. Accordingly, a rebranding to QcX Gold Corp. aligns us with our new exploration focus,” Albert Contardi, Interim Chief Executive Officer of FMG.
Argonaut intends to use the net proceeds of the Offering for the advancement of the Company’s Magino project and for general corporate purposes.
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