“We are delighted to welcome the Reyna Gold shareholders to Reyna Silver,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “We thank all the shareholders for their recognition of the synergies and strong support of the merger. Now, we can all look forward to results from our current drill campaign at Gryphon together.”
Silver Dollar Resources Inc. has completed the previously announced non-brokered private placement financing that raised gross proceeds of $1,500,000.
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds to the Company of C$8,720,400. The Private Placement consisted of 36,335,000 units of the Company at a price of C$0.24 per Unit.
“I am extremely proud of all Vizsla employees and contractors working at the Panuco Project,” commented Michael Konnert, President & CEO. “Since 2019, when work began at Panuco, the Company has been committed to responsible mining done right.”
Darren Koningen, CEO of Minera Alamos, stated: “The Copperstone project is an ideal addition to our portfolio of low capex, late-stage development projects. The site has significant infrastructure and permits in place which will allow our technical group to quickly advance the project into production.”
“We are extremely pleased to have the opportunity to develop and explore the El Potrero Property,” stated Robert Archer, Pinnacle President & CEO. “It is centered in a well-mineralized district and has had high-grade historic production of its own, yet the four-kilometre strike length of the vein system has not been drilled or systematically explored by modern methods. Average gold and silver grades are reported to be in the range of 10.3 g/t gold equivalent or 845 g/t silver equivalent.”
Golden Goliath CEO Paul Sorbara said, “Golden Goliath is focussed on the exploration of its two 100% owned gold properties in Ontario; Wish Ore, near Sault Ste Marie, and our Dixie Road project, located just south of the Kinross Great Bear deposit south of Red Lake. Golden Goliath also has four REE projects in Quebec. We are reducing carrying costs and gaining working capital by divesting of our assets in Mexico.”
Heliostar CEO, Charles Funk, commented, “We took our most aggressive step-out shots with the first holes of the 2024 program at Ana Paula. The results show two critical points about Ana Paula. First, we believe the High Grade Panel can be expanded by over 115m down plunge. Second, that new zones of gold could be identified surrounding the main panel.”
“We are very pleased with Jupiter Gold and Silver and the 1832 Funds’ continued support and welcome several new high-quality Australian and global funds to the register. The funding allows Mithril to considerably expand drilling at Copalquin with additional drill capacity and open up the district for more rapid advancement of exploration work.”
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, announces that the final tabulation for the recently announced non-brokered private placement is a total of 35,918,000 units at a price of $0.24 per Unit for gross proceeds of C$8,620,320.
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