“When we saw the opportunity to invest in Reyna, what caught our attention was that the company plans aggressive drilling at both their Guigui and Batopilas projects for the remainder of 2021,” commented Dr. Quinton Hennigh, technical advisor to Crescat Capital.
Discovery Silver Corp. is pleased to announce its financial results for the three months ended March 31, 2021, and to provide a summary of key events for the quarter and subsequent to quarter-end.
Arturo Bonillas, President and CEO stated “This is a very important achievement and a good reflection of the planning and training we undertake resulting in high safety standards at our operations. We are proud of our team’s dedication, and especially during the ramp-up of operations in the past year, to maintaining a safe and hazard free workplace environment”.
The net proceeds of the Offering will be used to advance the exploration and development of Panuco, to make option payments and pursue strategic opportunities, as well as for working capital and general corporate purposes.
The Company is currently moving forward with logistics planning to mobilize a second drill to Guatemala to commence drilling in early June on the Banderas property, where we believe that as with Holly, historic drilling was too shallow and did not test the extensive structural zones identified.
Sean Roosen, Chair of the Board and Chief Executive Officer of Osisko Development stated: “Marina brings a significant skill set to the board with both Technical and Capital markets knowledge. She is also BC based, home of our largest project, Cariboo Gold. We look forward to working with Marina to move Osisko Development to a mid tier producer.”
The proceeds from the sale of Common Shares will be used by the Company for exploration and general corporate and working capital purposes.
“In Q1 2021, we witnessed a rush to silver from retail investors due to online message board rallies and zero commission platforms. The resulting silver squeeze took silver to recent highs which has benefited our bottom-line and also brought in attention to a sector that has been under-allocated by retail investors since 2011.”
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise aggregate gross proceeds of up to C$6.0 million from the sale of up to 12,765,957 units of the Company at a price of C$0.47 per Unit.
Silver Bull Resources, Inc. a mineral exploration company with assets in Kazakhstan and Mexico, is pleased to announce its intent to distribute shares of Arras Minerals Corp. to Silver Bull shareholders.
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