Category: Investor’s Corner

Aztec Minerals Shareholder Update: Review of 2020 and Outlook for 2021

Bradford Cooke, Chairman and Founder of Aztec, commented, “Aztec Minerals enjoyed quite a turn around in 2020, highlighted by the successful results of our Phase 1 RC drill program at Tombstone, and the formation of our 65/35 Joint Venture with Kootenay Silver on the Cervantes Project.”

Oroco Resource closes $15.48 million private placement

The proceeds of the Financing will be used to generally advance the Santo Tomas Project, including the environmental permits, expansion of the Company’s Definition drill program, which will include both additional infill and step-out drilling, preliminary engineering studies, and general corporate purposes. In addition, certain contingent legal costs relating to the acquisition of the core Santo Tomas concessions are to be paid.

McEwen Mining Closes Flow-Through Financing

Rob McEwen commented: “These funds will be used for exploration to facilitate the rapid expansion of our discoveries at Stock and Grey Fox, which are key elements in our plans for growing the Fox Complex annual gold production to 100,000-150,000 oz over a 10-year mine life.

Mexican Gold Announces $1.4 Million Financing

Mexican Gold Mining Corp. is pleased to announce the undertaking of a non-brokered private placement comprised of 20 million shares of the Company at an issue price of $0.07 per share for aggregate gross proceeds $1,400,000.

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