Author: Josue Gomez

Apollo Gold Closes $5 Million Private Placement

The Company intends to use the net proceeds of the Offering to finance payments and costs related to its projects in Chile and Mexico, including the associated work programs currently anticipated for Q4 2020 / Q1 2021 in both jurisdictions.

SSR Mining Reports Second Quarter 2020 Results

Paul Benson, President and CEO said, “Each of our sites have responded admirably to this challenging environment, implementing new protocols to keep our employees safe when they come to work. Corporately, we reported positive income from mine operations totaling $34 million during the quarter and our cash balance was further strengthened, sitting at $462 million as of June 30.”

Almaden Closes Non-Brokered Private Placement

Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement with the issuance of 3,100,000 units at $0.65 per Unit.

Endeavour Silver Files PFS Technical Report for the Terronera Project

Endeavour Silver Corp. announces it has filed an updated prefeasibility study technical report entitled “Endeavour Silver Corp Terronera Project NI 43-101 Technical Report, independently prepared by Ausenco Engineering Canada Inc. and dated July 31, 2020 with an effective date of July 14, 2020.

Barksdale to Acquire Copper Asset and Announces Financing

Rick Trotman, CEO of Barksdale said: “Our sights are firmly set on making discoveries that have the potential to deliver significant upside to our shareholders. The acquisition of San Javier will not only add a new district with robust discovery potential to our asset base, but it should also serve as a strong catalyst to enhance our engagement with our excellent shareholder base as we drive our permitting processes at Sunnyside and San Antonio to completion.”

Canuc Discusses Silver-Gold Breccia Targets

“Uncovering further mineralized breccia zones on surface is the objective of current exploration. Success would be of meaningful geological importance and could have a significant impact on our understanding of structure, as well as on our interpretation of the geological potential at San Javier,” stated Chris Berlet, CEO.

Riverside Resources Inc. Provides Update on Spin-Out Transaction and Capitan Mining Inc. Listing

Capitan has received conditional approval to list the Capitan Shares on the TSXV. Final listing approval will be subject to Capitan satisfying all of the listing conditions of the TSXV, including completion of a financing of at least $2,000,000. In connection with the Arrangement, Capitan has received subscriptions for and intends to complete a non-brokered private placement of approximately 17,500,000 Capitan Shares at a purchase price of $0.20 per Capitan Share for gross proceeds of approximately $3,500,000 concurrently with the Effective Date of the Arrangement.

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