Day: April 27, 2020

Sonoro Releases Cerro Caliche Project Development Report – Potential for High-Grade Gold Zones at Depth Highlighted

“While waiting for the travel restrictions to be lifted, we took the opportunity to further refine our understanding of the geology at Cerro Caliche, in order to fine tune our exploration strategy,” said Kenneth MacLeod, President and CEO of Sonoro. “This report highlights the exceptional potential for both significantly increasing the gold resource and outlining much higher-grade gold zones as we drill deeper.”

Gold Resource Corporation Declares April Monthly Dividend

The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

MAG Silver Announces a $60 Million Private Placement

MAG intends to use the net proceeds of the Offering to fund exploration and development of the Juanicipio Project and for working capital and general corporate purposes. The Offering is expected to close on or before April 30, 2020, subject to satisfaction of customary closing conditions including the approval of the Toronto Stock Exchange.

Mexus Gold Provides Update; Releases Recent Assay Report

Mexus received assays for mineralized material recently placed on the heap leach pad. Mexus CEO, Paul Thompson, Sr. added “These assays confirm what the company has been communicating concerning the excellent grades being mined. This grade of material is allowing the company to increase its production and service debt by way of production.”

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