Day: November 6, 2017

Discovery Metals Announces Passing of Peter Drobeck

Discovery Metals Corp. is saddened to announce the sudden passing of Peter Drobeck, its Vice President of Exploration, at home in Colorado. Mr. Drobeck had a long and illustrious career working for such companies as Silver Standard Resources Inc., AuRico Gold Inc., Electrum USA Ltd., and Newcrest Resources Inc., before joining Discovery earlier this year.

Torex Reports An Illegal Blockade At The ELG Mine

Torex Gold Resources Inc. announced that during the afternoon of Friday, November 03, a group of approximately 20 local unionized workers illegally blockaded the main gate to the ELG mine, demanding a change in labour union. This action came after a meeting held earlier in the day where the Company explained to these workers that the Company did not have the authority to enact such a change. It could only be accomplished through a government sanctioned process that considered the intentions of the majority of unionized employees. The illegal blockade has continued since then, in a peaceful manner, and no unionized workers remain on site. Without a workforce, the Company shutdown the processing plant in an orderly manner. During the stoppage, there will be a focus on maintaining environmental protections.

Advance Gold Announces Private Placement Financing

Advance Gold Corp. announces that, subject to the approval of the TSX Venture Exchange, it proposes to undertake a non-brokered private placement of units at a price of 8 cents per Unit for gross proceeds of up to $200,000. Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant.

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