Category: Investor’s Corner

Barksdale Resources Corp. is pleased to provide an update regarding the secured loans that it holds in Regal Resources Inc.

Taj Singh, President and CEO, states: “This resource estimate represents a huge step forward in advancing Cordero for two key reasons. First, close to 90% of the contained metal is in the Measured and Indicated category.”

Xali Gold Corp. is pleased to announce that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn$500,000. Approximately $250,000 of the gross proceeds of the Private Placement will be used to further our permitting and targeting for drilling programs on our gold-silver projects and approximately $250,000 will be used for working capital and general corporate purposes.

Canasil Resources Inc. announces a non-brokered private placement of up to 4,000,000 units at a price of $0.125 per Unit for total gross proceeds of up to $500,000 to fund drill programs on the Company’s silver-gold projects in Durango and Zacatecas States, Mexico.

Permitting is also progressing well and final permits are expected to be received within approximately one month. Sun River has also advised that most of the equipment required for the reprocessing operation has been procured.

Chesapeake Gold Corp. wishes to report that a 16 hole infill drill program will commence in November on its world class, Metates gold-silver project located in Durango State, Mexico.

“We have had another solid quarter of production from Platosa at the higher productivity rates that we have realized since Q3 2020,” stated Brendan Cahill, President and CEO. “We realized good improvements in mill recoveries late in Q3, which we continue to see as Q4 processing has commenced.”

Newmont Corporation will appoint Peter Toth as Executive Vice President, Strategic Development, a 25-year veteran of the industry to support positioning the Company for the next 100 years of strategic growth for its stakeholders. Toth will join Newmont effective July 1, 2022.

A proposed mining overhaul from Mexico’s president that seeks greater government control over the sector has swung the ruling party back to its nationalist leanings and alarmed industry leaders.

“With the success of the first year of exploration in Mexico, we are very pleased to announce that our interest in the mining concessions covering the Copalquin gold-silver district has reached 25% as we progress ownership to 100% via our purchase option agreement.”