“After almost four years since its launch, we are pleased to announce the successful closure of the Global Community Support Fund, which reflects our ongoing commitment to partnering with the communities where we operate,” said Suzy Retallack, Chief Safety and Sustainability Officer at Newmont.
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 – Prospectus Exemptions to raise gross proceeds of up to $4,000,000 from the sale of up to 40,000,000 units at a price of $0.10 per Unit.
Alamos Gold Inc. today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed for 174,825,175 common shares of Argonaut representing approximately 13.8% of Argonaut’s total outstanding common shares after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total gross proceeds to Argonaut of C$50,000,000.
Simon Ridgway, Volcanic Gold Mines President and CEO, commented: “The drilling of the Veta Madre at the Motagua Norte project has intersected a broad zone of quartz veins, vein breccia and micro stockwork in two drill holes, located 100 m apart.”
Scott Emerson, President commented: As we continue with our systematic and disciplined exploration approach on this newly consolidated district, the results from the Soledad Mine area are confirming that distinct areas of mineralization are recognizable indicating potential for significant mineralization in the other locales as we identify new and existing target areas for our drill campaign.
Excellon Resources Inc. is pleased to announce a non-brokered private placement offering of up to 7,500,000 units of the Company at a price of $0.18 per Unit for aggregate gross proceeds to the Company of up to $1,350,000.
“We are excited to report the drill is back onsite and turning at Pilar.” commented Brodie Sutherland, CEO. “It’s been nearly two years since we last drilled at Pilar, with the previous drill program identifying new areas of mineralization to the east and southeast of Pilar’s Main Zone.”
Silver Tiger’s CEO, Glenn Jessome, stated, “We are pleased to announce that this new set of assay results continue to both confirm and expand the near-surface potential Starter Stockwork Zone. Of particular interest is the high-grade “Keel Zone” that is being delineated.” Mr. Jessome further stated, “These promising assay results help to further de-risk the project in conjunction with the underway PFS-level geotechnical and metallurgical studies.”
Kootenay’s President & CEO, James McDonald states, “We are very excited to get underway drilling Columba once again. The initial holes of this program will be shallow to confirm dip and then will transition into large step outs along strike of around 100 meters. This is to quickly determine and demonstrate the overall size of the D Vein shoot along strike.”
Rodrigo Barbosa, President and CEO of Aura commented, “We are excited to announce our latest Mineral Resources and Reserves update across our operations, marking an impressive increase across all categories, adding 2.4moz in M&I Resources and 856koz in P&P Reserves. This achievement is a result of our clear strategy to increase production while we increase our Resources and Reserves.
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