Day: July 8, 2019

Oroco Resource Corp. Announces Mark Stevens as Technical Consultant

Oroco Resource Corp. is pleased to announce that it has engaged Mr. Mark Stevens, C.P.G., of Denver Colorado as a technical consultant to the Oroco team. Mr. Stevens is initially leading an independent geological review of the historical resource files pertaining to the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa State, Mexico. Mr. Stevens will thereafter be a central participant in the planning for an updated resource estimate and additional exploration work at Santo Tomas, as part of the technical and commercial advancement of the mining project.

McEwen Mining Announces Management Additions

McEwen Mining Inc. is pleased to announce two new management appointments. Steven Woolfenden, will be joining as the Vice President of Environment and Community Affairs; and Stefan Spears is changing roles to become Vice President of Corporate Development.

Silver One Announces Increase to Private Placement Financing

Silver One Resources Inc. is pleased to announce that it has increased its previously announced private placement offering announced on July 3, 2019 from up to 20,000,000 units to up to 40,000,000 Units at a price of $0.125 per Unit for gross proceeds of up to $5,000,000.

Oceanus Resources Closes Private Placement

Oceanus Resources Corporation has closed a non-brokered private placement raising $750,000 through the issuance of 12,500,000 common shares at a price of $0.06 per common The common shares issued pursuant to this private placement are subject to a 4 month hold period that expires on November 9, 2019.

Magna Gold Corp. Announces Initiation of Exploration Activities on its Mercedes Gold Property in Sonora, Mexico

Magna Gold Corp. is pleased to announce the initiation of phase one of an exploration program on its Mercedes Property in the State of Sonora, Mexico. Mercedes is an exploration property located within the Sierra Madre Occidental province, a historically productive, regionally extensive Tertiary volcanic field which stretches from the United States/Mexico border to Central Mexico. The project encompasses a total land tenure of 1,239 hectares located on a 20 km long regional mineralized trend hosting some important exploration targets as well as numerous old relevant mining works.

SilverCrest Files PEA Technical Report on the Las Chispas Property

SilverCrest Metals Inc. is pleased to announce the filing of a technical report titled, “Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico”, with an effective date of May 15, 2019. The PEA was independently completed for the Company by Tetra Tech Canada Inc., in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The results of the PEA were previously announced in the Company’s news release dated May 15, 2019.

IMPACT Silver Closes Oversubscribed First Tranche of Financing Totalling $1.23 million and Announces Increase to Second Tranche of Financing Due to Elevated Investor Interest

Frederick Davidson, CEO and President of IMPACT comments ‘The strong interest level in our financing in summer months confirm the quality of IMPACT shareholder’s belief in our large land package’s potential and proven past production level. With additional capital on hand from this financing the Company aims to continue exploring high potential gold and copper assets for near term development around Santa Teresa, continue to optimize the Guadalupe operation to reach positive operational cashflow, continue with Dense Media Separation (DMS) study at Capire Volcanic Massive Sulphide (VMS) project, and push for value creation via joint ventures on the Taxco North areas.’

Alien Metals – Board and Management Changes

Alien Metals Ltd, the AIM quoted exploration and development company, announces the appointment with immediate effect of Bill Brodie Good as an Executive Director (Technical) following the resignation of Peter Taylor from his role of CEO and a director of the Company.

One World Lithium Announces First Tranche Closing of Private Placement

One World Lithium Inc. announces that it has closed a portion of its private placement which was previously announced on June 7, 2019. The Company raised $ 734,586 CDN to date through the issuance of 3,672,930 units at a price of $0.20 per unit under the offering leaving $ 1,265,414 of the offering yet to close. Each unit consists of one common share of the Company and one-half of a nontransferable Common Share Purchase Warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of $0.25 for a period of 24 months from the closing of the offering. All securities are subject to a four month and one day hold from the closing date.

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