Category: Investor’s Corner

CZL Secures 100% Zinc Concentrate Sale for 2021

Zinc Concentrate Offtake Agreement with Penoles, a major Latin-American mining company and one of the world’s leading refiners of Zinc and the largest global refiner of silver, extended until the end of 2021.

Monarca Minerals – Completes Shares for Debt Transaction

Monarca Minerals, Inc. announces that is has completed the previously announced shares for debt transaction to settle an aggregate of $301,324.90 owing to certain officers, directors and service providers of the Company through the issuance of an aggregate of 6,026,498 common shares of the Company at an implied issue price of C$0.05 per share.

Southern Silver Provides Corporate Update

The following officers were re-appointed subsequent to the annual general meeting: Lawrence Page, Q.C. as President, Robert Macdonald as Vice President, Exploration, Graham Thatcher as Chief Financial Officer, and Arie Page as Corporate Secretary.

Capitan Mining Inc. to Commence Trading on Thursday, September 10, 2020

Capitan’s CEO, Alberto Orozco, stated: “We are very excited to achieve this milestone. Our team has been working hard to get the Company to this point and we feel very excited to start trading. Capitan will now focus its efforts on the exploration of the Peñoles project in Durango, Mexico where we plan to begin our drill program in the coming weeks.”

Alien Metals Ltd. – Execution of Exclusivity Agreement for Donovan 2 Farm Out

The Exclusivity Agreement, with the mid-tier North American mining company Capstone Mining Corp. provides for a 45-day period for Capstone to undertake due diligence to their satisfaction. During the due diligence period, the parties intend to enter into a definitive agreement, which will provide for a staged earn-in to the Donovan 2 Project, through a combination of carried expenditure and cash payments.

Major Drilling Reports Profitable First Quarter

“I am pleased with the fact that despite reduced activity, the Company managed to be profitable this quarter. Some of our operations were able to grow their revenue as compared to last year while our larger operations, including Canada, U.S., Mexico and Chile, were affected more than others by COVID-19,” said Denis Larocque, President and CEO of Major Drilling Group International Inc.

AABB – Asia Metals Inc. To Advance New Gold Mine Development Program On-Site In Colombia

Furthermore, the Company continues its gold property acquisition campaign targeting properties in South America, Central America and Mexico, which have high development potential and historic gold production. The focus of the campaign is to duplicate the successful acquisition model of the Company’s existing high-density, shallow gold mine property in Guerrero, Mexico, that has known historical gold vein structures. AABB is currently directing a full-scale development and production expansion of its mine and property in Mexico.

MAG Silver Completes US$50M ATM

MAG Silver intends to use the net proceeds of the Offering primarily to fund the completion of construction of the Juanicipio Project, with any remainder to fund further exploration of Juanicipio and other projects, and for working capital and general corporate purposes.

GR Silver Mining AGM Update

GR Silver Mining Ltd. will hold its annual general meeting of shareholders of the Company on September 11, 2020 at 10:00 a.m. (PST).

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