Category: Investor’s Corner

Mammoth Resources Corp. would like to announce that following the filing yesterday of its audited year-end January 31, 2020 financial statements and MD&A, such delay in filing which occurred under the exemption granted on March 18, 2020 by Canadian securities regulatory authorities which provided coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic; Ontario Securities Commission Instrument 51-502 Temporary Exemption, that following this filing, the previous voluntary Management Cease Trade Order originally announced on May 29, 2020, has been lifted regarding the filing of these year-end audited statements.

Greg Crowe, President and CEO commented: “This is the third time Eric Sprott has taken a position in the company. We are very appreciative of his ongoing support. With a treasury of over C$ 14 million, Silver One is very well positioned to advance its 3 high-priority silver projects in Nevada and Arizona. Exploration programs are being planned and should commence in the coming weeks.”

Telson Mining Corporation is pleased to announce that it has closed the non-brokered private placement as announced July 02, 2020. The fully subscribed Private Placement has closed with the Company issuing 13,996,145 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of $1,399,615.

Proceeds of the financing will be used primarily to expand and diversify Xtierra’s royalty portfolio into Canada, the United States and other mining friendly jurisdictions.

Preliminary second quarter production from the Company’s Oaxaca Mining Unit totaled 2,441 ounces of gold, 185,330 ounces of silver, 246 tonnes of copper, 1,140 tonnes of lead and 3,004 tonnes of zinc.

“Despite the temporary shutdown of operations during the quarter, our production results were better than anticipated as a result of implementing an extended and safe ramp down of the San Dimas operation throughout the month of April,” said Keith Neumeyer, President and CEO.

Luis Marchese, President, and CEO of Sierra Metals, commented: “The Company had solid production results in the second quarter despite the negative implications of the shutdowns that occurred due to the COVID-19 pandemic. At Yauricocha and Bolivar, the Company was able to maintain essential activities while fully complying with the government protocols during the state of emergency.”

Momentos después de que Comisión Federal de Electricidad anunció ayer la compra de carbón en la Región Carbonífera. donde dijo además que negocia con la “nueva” administración de Altos Hornos de México, la siderúrgica monclovense desmintió inmediatamente la versión de la paraestatal ante la Comisión Nacional Bancaria y de Valores y la Bolsa Mexicana de Valores.

Silver and gold production for the first six months totaled 3.1 million ounces and 17,200 ounces, respectively.

Fabled Copper Corp. is pleased to announce that it has entered into a letter of intent with an arm’s length vendor, Golden Minerals Company, for a proposed transaction under which the Vendor will grant Fabled the option to acquire a 100% interest in the Santa María Mine in the State of Chihuahua, Mexico.