Month: September 2019

Consolidated Zinc Limited is pleased to announce the Appeals Court of Chihuahua has ruled in favour of the Company’s subsidiary, Minera Latin American Zinc S.A.P.I. de CV regarding a dispute over a Land Use Agreement with a local rancher in place for its 100%-owned Plomosas Zinc Mine in Mexico.

Silver Viper intends to use the net proceeds of the Offering to continue exploration and development of its La Virginia gold-silver project located in Sonora, Mexico and for general corporate and working capital purposes.

Having successfully completed technical, financial and commercial due diligence on Telson and its mining projects, an international lending banking institution has granted conditional approval to the credit facility.

“Our silver reserves doubled while gold reserves tripled from reserves reported at December 31, 2018, primarily due to the additional reserves acquired from Tahoe. We now hold one of the largest silver reserves and resources in the mining industry along with substantial gold reserves,” said Christopher Emerson, Pan American’s Vice President of Business Development and Geology. “During the first six months of 2019, we completed 40% of the annual drilling planned for our mine sites. We are accelerating our exploration drilling in the second half the year, and plan to complete 130,000 metres of drilling”.

Defiance Silver Corp. announces it intends to seek TSX Venture Exchange approval to extend the expiry date of an aggregate of 6,187,201 warrants previously issued and exercisable at $0.45 per share by one year.

Consolidated Zinc Managing Director Mr Brad Marwood commented “the acquisition of a 100% interest in Plomosas completes the simplification of the ownership structure from the Company’s original 51% shareholding less than 9 months ago, with the acquisitions of the additional 49% interests acquired at attractive considerations to add shareholder value.”