GoGold Drills 21.4m averaging 3.08 g/t Gold Equivalent in Deepest Hole at Los Ricos

‘We are very pleased to see the significant widths and grades encountered in the latest deep drill hole. The results from the initial short holes confirm that while the former underground operators focused on mining only the richest portion of the silver-rich Los Ricos vein, we are very encouraged to see that both the hanging wall and footwall portions of the vein are strongly mineralized this close to surface,’ stated Brad Langille, President and CEO.

Prize Mining Proposes Continuation into British Columbia, Share Consolidation and Name Change

PRIZE MINING CORPORATION announces that at its Annual General and Special Meeting scheduled to be held on August 22, 2019, shareholders will be asked to consider a special resolution to approve the continuation of the Company into the jurisdiction of British Columbia and to adopt a new set of Articles upon its continuation. The Continuation must be approved by special resolution at the Meeting, which requires a majority of not less than two-thirds of the votes cast by the shareholders present at the Meeting in person or by proxy. Furthermore, at the Meeting, the shareholders will be asked to consider a special resolution to approve an amendment to the Articles of Incorporation of the Company to change the name of the Company to “Boundary Gold and Copper Mining Ltd.” or such other name as the board of directors of the Company may approve.

Mexus’ Santa Elena heap leach returning values; Loan commitment paid off

Mexus Gold US is pleased to inform its shareholders that on July 18th the company satisfied a $105,000 loan commitment on time. In addition, the company announced that the 2500 ton leach pad at its Santa Elena mine is returning solution to the holding pond. Mexus has pumped 500 M3 of solution to the heap pad with 500 PPM NACN maintaining a Ph of 11.0 and a return flow of 350 M3 testing at 1.1 Au to start. It is expected to accumulate 5 to 7 oz. the first week with leaching continuing until the return solution stabilizes. Mexus will be adding new ore to the pad with the Merrill Crow gold recovery system running weekly to keep up with production.

Alio Gold Announces Notice of Arbitration

Alio Gold Inc. has received formal notice from Maverix Metals Inc., a 3.25% royalty holder over the Company’s Florida Canyon property, seeking arbitration to resolve disputed allowable deductions in the royalty calculations. The Company has been in discussions with Maverix since acquiring the Florida Canyon property in May 2018. The arbitration notice states that the dollar amount of the claim is still being calculated but the disputed amount based on past production is approximately $1,000,000. The Company intends to vigorously defend its interests and the interests of its stakeholders. The Company remains confident that the historical calculation of the royalty, which has not changed since the inception of the royalty in 2013, is correct and that the Company’s position is strong.

Defiance Announces New Director

Defiance Silver Corp. is pleased to announce the appointment of Mr. James Bergin to its Board of Directors replacing Peter Hawley.

Magellan Gold Names Frank A. Pastorino Chief Operating Officer

Magellan Gold Corporation is pleased to announce the immediate appointment of Frank A. Pastorino as Chief Operating Officer, further strengthening Magellan’s senior management team. The Company announced David Drips as President & CEO on June 19, 2019.

SilverCrest Announces C$22 Million Bought Deal Financing; SSR Mining To Exercise Its Right to Maintain Its Pro Rata Interest of 9.9%

SilverCrest Metals Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and Desjardins Capital Markets, pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 3,762,000 common shares of the Company at a price of C$5.85 per Share for aggregate gross proceeds to the Company of C$22.0 million.

Discovery Announces Regulatory Approval To Complete Proposed Plan Of Arrangement

Discovery Metals Corp. announces it has received conditional approval from the TSX Venture Exchange to complete the proposed plan of arrangement transaction with Levon Resources Ltd. as described in Discovery’s news release dated May 30, 2019, subject to standard closing conditions. Levon has also received conditional approval of the Toronto Stock Exchange in connection with the proposed transaction.

All News