Category: Investor’s Corner

Discovery Metals Corp. is pleased to announce that at a special meeting of the Company’s shareholders on December 11, 2019, Discovery’s shareholders passed a resolution approving 2176423 Ontario Ltd., a corporation beneficially owned by Mr. Eric Sprott, to become a “Control Person” as defined in the policies of the TSX Venture Exchange (including ownership of greater than 20% of the voting securities outstanding) of Discovery.

“Alamos remains on track to achieve 2019 production and cost guidance driven by a strong year from both of our Canadian operations. Young-Davidson is having a solid year operationally while making excellent progress on the construction of the lower mine expansion. Island Gold has already established another record for annual production and free cash flow, and with the ongoing exploration success we expect a further increase in both mineral reserves and resources with our year end update,” said John A. McCluskey, President and Chief Executive Officer.

Richard Godfrey is a finance professional who has been involved in the mining industry over the last 30 years, both domestic and international.

Daniel Earle, President & CEO, commented, “The name change has been undertaken to reflect the strong gold potential that exists within our portfolio of assets and corporate strategy to broaden our exploration efforts to capitalize on this.”

“This Project is consistent with Tamino’s strategy, to secure high-grade gold projects with significant upside potential and located in favorable mining jurisdictions,” stated Pedro Villagran-Garcia, President and CEO for Tamino Minerals, Inc.

Riverside’s President and CEO, John-Mark Staude, stated: “2019 Summer field work at the Oakes Project shows good continuity and rich surface grades with large size potential. The continuity of strike along the greenstone gold belt is similar to other known major deposit targets. This was a project generated out of data integration and regional knowledge, which was then staked by Riverside as part of our Prospect Generative business.”

Azure Minerals Limited is pleased to advise that the Mexican tax office has this week paid to Azure the amount of Mx$6,188,000 (approximately A$467,000).

“We are extremely pleased and grateful to have secured such strong support from both new and existing shareholders who share our enthusiasm for the enormous promise of the Sayabouly Project in Laos.”

“We appreciate the ongoing support and backing that our operating team has received from Osisko Gold Royalties”, stated Darren Koningen, CEO. “This financing package allows the Company to begin its transition from gold project developer to gold producer. Today’s news sets the stage for an extremely busy and exciting 2020 as our team executes our business plan to the benefit of all our shareholders.”

San Marco Resources Inc. announces that it has revised its non-brokered flow through private placement announced October 9, 2019. The private placement now consists of 266,667 shares at a price of $0.15 each. The shares will qualify as “flow-through” shares under the Income Tax Act (Canada).