The Prospectus will allow Maverix to offer up to C$200,000,000 of common shares, subscription receipts, units and warrants from time to time over the 25-month period that the Prospectus, including any amendments thereto, remains effective.
We are very pleased to work with such a uniquely capable remote sensing company, commented Craig Dalziel, Oroco President & CEO. Auracle is an ideal choice for Oroco given Auracles unique scientific expertise along with their first-priority data acquisition relationship with satellite operators MDA and DigitalGlobe. The custom program Auracle has developed for Oroco offers a highly cost-effective method in prioritizing exploration targets with exceptional accuracy. Combining our geological team with Auracles proprietary data fusion algorithms presents an ideal opportunity for Oroco to effectively expedite its exploration and acquisition plans.
President Lawrence Page, Q.C. stated that, “Our exploration team has excelled in advancing the Cerro Las Minitas project this year through the discovery and delineation of an additional deposit which is open for further exploratory and definition drilling. We are very keen to soon receive a current Resource Report which will be accretive to the March 2016 Report and will incorporate data from the +13,000 metres of additional drilling completed in 2017.”
Alset Minerals Corp. is pleased to announce that Gilberto Zapata Castaneda, a Mexican mining entrepreneur based in Zacatecas, Mexico, is joining the Alset board to lead business development efforts in Mexico. Gilberto Zapata Castaneda has an accounting degree, MBA, and has been active in the mining industry in Mexico throughout his career.
Discovery Metals Corp. is pleased to announce the appointment of Peter Drobeck, P.Geo., as Vice-President of Exploration. Mr. Drobeck is an exploration geologist with over 35 years’ experience working in all phases of exploration from grassroots discoveries, to brownfields and mine exploration. He has also led substantial business development programs. Most recently Mr. Drobeck served as Consulting Geologist for Sibanye-Stillwater, directing exploration programs at the Altar project in Argentina. He has also recently served as Founder and President of Puno Gold Corporation, a Peruvian gold-copper explorer, which was acquired by Miramont Resources Corp. in 2017.
Riversides President and CEO, John-Mark Staude, stated: Riverside is pleased to be working with partner Centerra Gold to develop new high-grade gold targets at the Glor Project. We look forward to moving toward a drill decision and appreciate the rapid and collaborative efforts between Riverside and Centerra geologists. We expect to have an active fall field program at Glor and continue outlining additional targets in anticipation of potential drilling before year-end.
As the International Seabed Authority moves to permit the mining of unique deep-sea habitats, calls grow for it to disclose secretive deliberations about the environmental consequences of extracting valuable minerals from the ocean floor.
These remarkable results confirm our belief in Platosas potential and our ability to use targeted exploration to add high-grade mineralization to the mine plan, stated Ben Pullinger, Vice-President, Geology. We have delineated a sizeable new zone of mineralization near existing mine workings that connects and expands the high-grade 623 and Guadalupe South mantos and which may be accessed before the end of the year.
J. Duane Poliquin, Chairman of Almadex commented, We are pleased to once again demonstrate the potential for the Norte Zone to expand with continued exploration. The results today confirm that the zone remains open to the northwest.
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