Redstar Gold Completes $7 Million Private Placement, Acquires Heliodor Metals Limited and Appoints a New CEO

Jacques Vaillancourt, Executive Chairman of Redstar Gold Corp. stated: “We are pleased to close this strongly supported equity financing that was oversubscribed from the start. With approximately C$10,000,000 in cash and investments, we now have the funds needed to commence drilling at our Unga project in Alaska and to begin exploring the Heliodor properties in Mexico. We are especially pleased to welcome Charles Funk to the role of CEO and look forward to providing regular updates on our exploration programs throughout the rest of 2020.”

Update on Progress at Santa Elena Mine

“We’ve had normal ups and downs that any new miner experiences when implementing new processes. The crew at the mine have done a great job of adjusting and fixing issues as they’ve arisen. Mexus will continue to increase production each quarter,” CEO Paul Thompson, Sr.

Monarca Closes Oversubscribed C$3.0 Million Private Placement, Including a Lead Order from Palisades Goldcorp

President and CEO Carlos Espinosa stated, “We are pleased to welcome a number of experienced mining investors to Monarca through this placement including a lead order from Palisades Goldcorp Ltd. alongside other new institutional investors. The additional funding will enable Monarca to conduct a 10,000m drill program at our San Jose project in Chihuahua State, Mexico where we’ve identified several high priority geophysical targets.”

Peñasquito and Cedros Community Agreement Ratified

“Through the comprehensive application of Newmont’s sustainability practices at Peñasquito, we achieved a significant milestone with the formal ratification of the agreement that was reached earlier this year with the Cedros community,” said Tom Palmer, President and Chief Executive Officer.

GoGold Intersects 8.8m of 670 g/t Silver Equivalent at Los Ricos North

“At the La Trini target we’ve completed some short holes which have confirmed high grade silver and gold mineralization at surface. We will focus the drilling program this fall to confirm and expand on historical drilling and rapidly move towards defining the mineral resource of this deposit through grid drilling,” said Brad Langille, President and CEO.

VanGold Options Back Royalties to Streamline El Pinguico Ownership Structure

CEO James Anderson stated: “We are thrilled to have reached this Agreement with the Dorado family, the original venders of the El Pinguico project. Upon closing, this Agreement will eliminate the burden of a substantial portion of both near term and long-term royalty obligations for the Company, and more closely align the interests of our Mexican partners with the interests of all VanGold shareholders.”

Premier Announces Positive Re-start at Mercedes Mine

“During the temporary suspension of the operations during the second quarter, the Mercedes team developed a solid re-start strategy with a more focused mine plan, including reduced mill through-put resulting in lower costs and positive cash flow”, stated Peter van Alphen, Chief Operating Officer of Premier. “With continued exploration success, our goal is to gradually increase mill through-put back to the plant capacity of 2,000 tons per day.”

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