Month: December 2019

Canasil Resources Inc. Announces Results of Annual General Meeting

Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditor for the ensuing year, the authorization of the directors to fix the remuneration payable to the auditor, the acceptance of the Company’s Stock Option Plan, and the election of management’s nominees as Directors.

Discovery Metals Announces Result of Special Meeting of Shareholders

Discovery Metals Corp. is pleased to announce that at a special meeting of the Company’s shareholders on December 11, 2019, Discovery’s shareholders passed a resolution approving 2176423 Ontario Ltd., a corporation beneficially owned by Mr. Eric Sprott, to become a “Control Person” as defined in the policies of the TSX Venture Exchange (including ownership of greater than 20% of the voting securities outstanding) of Discovery.

Defiance Provides Exploration and Corporate Update

George Cavey, P.Geo of OreQuest states: “The Zacatecas camp is one of the major historic mining districts in Mexico. San Acacio offers a number of intriguing targets. Near-term, the Veta Grande system has good potential to increase resources…A targeted core re-log and selective re-assay program at both San Acacio and Tepal has been initiated and will continue through 2020.

Alamos Gold Provides 2020 Production and Operating Guidance

“Alamos remains on track to achieve 2019 production and cost guidance driven by a strong year from both of our Canadian operations. Young-Davidson is having a solid year operationally while making excellent progress on the construction of the lower mine expansion. Island Gold has already established another record for annual production and free cash flow, and with the ongoing exploration success we expect a further increase in both mineral reserves and resources with our year end update,” said John A. McCluskey, President and Chief Executive Officer.

Solaris Copper Announces Name Change To Solaris Resources Inc.

Daniel Earle, President & CEO, commented, “The name change has been undertaken to reflect the strong gold potential that exists within our portfolio of assets and corporate strategy to broaden our exploration efforts to capitalize on this.”

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