Category: Investor’s Corner

Colibri Receives Positive Structural Study Interpretations from Its Partner at the Pilar Gold Project

“We are happy with the progress at Pilar. Almost all historic drilling at Pilar has been at shallow depths extending to approximately 125m in the “Main” and the “North Hill” zones. This new data highlights that there are several untested areas at Pilar and that there is excellent potential to extend mineralized to a greater depth and along strike. Colibri shareholders truly stand to benefit greatly going forward should follow up drilling programs confirm this theory,” stated Ron Goguen, President and CEO of Colibri.

Capitan Mining Inc. Closes $3.84 Million Financing

The Company will use the net proceeds of the Private Placement to fund a focused drill program at the Peñoles Gold-Silver Project, additional project acquisitions and general corporate purposes.

Orla Mining Appoints Sylvain Guerard as Senior Vice President, Exploration

“We are excited to welcome Sylvain to the Orla team. The addition of this capable individual reinforces our commitment to focus on exploration within our 178,000 hectares of concessions. These concessions are situated along the prolific San Tiburcio fault system in Zacatecas, Mexico, and within a geologically prospective area for copper and gold in southwestern Panama. We expect to continue to make more discoveries, expand our resource base, and advance our project pipeline to create value”, stated Jason Simpson, President and Chief Executive Officer of Orla.

Redstar Gold Completes $7 Million Private Placement, Acquires Heliodor Metals Limited and Appoints a New CEO

Jacques Vaillancourt, Executive Chairman of Redstar Gold Corp. stated: “We are pleased to close this strongly supported equity financing that was oversubscribed from the start. With approximately C$10,000,000 in cash and investments, we now have the funds needed to commence drilling at our Unga project in Alaska and to begin exploring the Heliodor properties in Mexico. We are especially pleased to welcome Charles Funk to the role of CEO and look forward to providing regular updates on our exploration programs throughout the rest of 2020.”

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.

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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.