“The review of prior exploration reports and drill results from 2010-2013, identified 8 targets for potential satellite mineralization around the main Bilbao deposit, two of which stand out with high grade silver potential and therefore merit drilling, especially with the much improved outlook for silver prices, approaching the US$30 per ounce level used in the 2014 RPM PEA.”
Advance Gold Corp. has granted stock options to its directors, key employees and consultants entitling them to purchase, in total, up to 2,000,000 shares over a five-year term expiring September 23, 2025 at an exercise price of $0.12 per share.
Un tribunal federal anuló hoy el criterio del SAT que, durante cinco años, permitió a una minera canadiense vender plata a precios inferiores a los del mercado y así pagar menos impuestos en México.
Inomin received $100,000 cash and 500,000 shares of Maritime as a second year anniversary payment.
Aztec Minerals Corp. announces it has reached an agreement to acquire 2 patented claims amounting to 8.58 hectares (21.19 acres) and the Company also staked 17 new unpatented claims totalling 130.5 hectares (332.5 acres) at the historic Tombstone Silver District in Southeastern Arizona.
“Listing on the NYSE American furthers our aims of improving liquidity for our shareholders while broadening access for prospective retail and institutional investors,” stated Brendan Cahill, President and CEO.
“We’re extremely encouraged with our initial drilling results at Salomon-Favor to see four stacked zones of wide mineralization starting from surface,” said Brad Langille, President and CEO.
As previously reported, in December 2019, the Company successfully disposed of its former Mexican operations and, as a result, avoided costly obligations that would otherwise exist.
“I’d be surprised if there are many exploration companies with a small $2 million market value which hold a 100 percent interest in a 5,000 hectare gold-silver exploration property where mineralization is sampled ubiquitously over a large 15 square kilometre area, has undergone two prior successful drill programs and a senior company review leading to the intention to drill over 100 drill targets, and is imminently drill ready.”
The current work program has been focused on the eastern and northeast part of the project covering an area that was previously unexplored by the Company. The area of coverage includes the recently acquired, and previously underexplored, El Tule claim.
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