Discovery Metals Corp. announces it has applied to the TSX Venture Exchange to extend the term of an aggregate of 31,237,000 outstanding common share purchase warrants that were issued pursuant to a non-brokered private placement as described in the Companys news releases dated July 17, 2017, July 19, 2017, and August 17, 2017.
Evrim Resources Corp. is pleased to announce the appointment of Dave Groves as Vice President of Exploration for the Company. Dave will be a key contributor to our generative efforts as well as providing technical leadership and assisting with business development, stated Paddy Nicol, President and CEO of Evrim.
Excellon Resources Inc. is pleased to announce the appointment of Ms. Anna Ladd-Kruger as Chief Financial Officer and Vice President Corporate Development effective June 26, 2019. Ms. Ladd-Kruger is an accomplished finance executive with 20 years of global experience in building and managing accounting systems, improving financial reporting and internal controls and strategic planning.
7,088 tonnes of ore mined, with mined grades of 14.5% Zinc, 6.0% Lead and 40.3 g/t Silver
MAG Silver Corp. reports that at its annual general and special meeting held on June 13, 2019, MAG’s Shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint Deloitte LLP as the Company’s auditor; to approve the continuation of the Shareholder Rights Plan; and the Company’s approach to executive compensation.
J. Duane Poliquin, Chairman of Azucar commented, ‘We continue to move forward with our systematic two year intensive drill program at the El Cobre project. The results to date again indicate the potential for large scale porphyry mineralisation in multiple porphyry centres over a 5 kilometre trend. Our ongoing exploration drill program is designed to find as yet undiscovered porphyry intrusive centres and to provide the geologic framework for discovery and extension of known mineralisation within a very large area of intense alteration. We look forward to reporting drill results as the program continues. In the meantime induced polarisation geophysical surveys, soil surveys, surface mapping and geologic interpretation of all data and drill core is underway to best use the results towards future discovery oriented drilling.’
‘In Mexico, at our Tabasquena project, we have completed 3 phases of drilling and have hit a large cluster of mineralized epithermal veins, with the boiling zone yet to be drilled. 3D modelling of the mineralized vein hits, gives us a better picture of the size of the cluster. We also included a shell of the historical mine workings in the near surface oxide zone. The picture of the system is becoming clearer with the 3D model of the veins hit so far. Now we need to focus deeper to find the boiling zone of the system,’ Allan Barry Laboucan, President and CEO of Advance Gold Corp.
Candente Gold Corp. is pleased to advise that Sun River Gold has reported very positive recoveries from metallurgical testing of samples from the tailings deposit and is moving the project forward by negotiating the purchase of land for the new processing area and also working on the application for change of use of land for the area where the tailings are currently located.
One World Lithium Inc. reports the completion of holes 2019 1 and 2019 3 on its Salar del Diablo Property located in the State of Baja California, Mexico.
Erwin Wong, CFO and Director of Ridgestone Mining, commented: ‘While these sampling results represent material that was uneconomic at the time, we are highly encouraged by the grades presented in the context of todays metal price environment. The sampling results serve to reaffirm the historical mining records and moreover, the potential mineralization hosted by the Alaska and associated veins. Going forward, we are incorporating the bulk sample results in addition to the results from drilling, sampling, mapping and prospecting to refine our model for the high-grade mineralization hosted by the Alaska vein. Future planned exploration will include metallurgical testing and sampling of historical production adits and drifts.’
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