Following Consolidated Zinc Limiteds recent announcement of its transition to a zinc producer, the Company is now pleased to offer eligible shareholders an opportunity to share in the ongoing progress of your Company by subscribing for up to $15,000 in new CZL shares, with no brokerage costs, through a Share Purchase Plan.
Harvest Gold’s President and CEO, Rick Mark, states “I would like to thank our shareholders and our Vancouver based brokers for their belief in the Cerro Cascaron opportunity. In a still challenging market for junior gold explorers, they have provided us with additional funds that will allow us the flexibility to add meters to our drill program as results dictate. It also allows us to expand our exploration focus and delineate more prospective target areas and better understand the full potential of this district sized, high grade gold and silver property. I expect, with our Joint Venture partner Evrim Resources, we will be announcing details of the upcoming drill program shortly.”
Defiance Silver Corp. announces that, further to its news releases of June 19, 2018 and September 17, 2018, it has increased its third party loan facility from $700,000 to up to $1,120,810. The additional proceeds provide Defiance with the funding necessary to complete its proposed merger with ValOro Resources Inc. and to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico.
Several scheduled upgrades were recently made in the mill processing plant installations, including among others: i) changing of ball mill liners with newly designed liners that allow for the replacement of the past 5″ ball that were being used, with 3 balls, which increases the life of the liners; ii) conducting a review of the primary jaw crusher and initiation of adaptations for the installation of a secondary cone crusher, which will reduce the size of the ore feed to the mill from -7″ to -2″; and iii) revising the cyclones classification system to reduce the circulating load in grinding. These changes are all aimed at increasing the grinding capacity of the mill to facilitate reaching managements target of processing up to 3,000 tpd by the end of 2018.
Mexus Gold US is pleased to announce funding has been secured and drilling will start Q4 on the 300 Meter portion of the 2.2km long strike along the Julio Shear Zone. Typical past shear zone assays have shown an average of 4 gr per ton gold and 20 to 30 gr per ton silver with areas of higher grades in the underground workings on the 30 Meter level of the Julio quartz vein showing Bonanza grade gold.
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