Month: September 2020

Defiance Announces Loan Repayment

Chris Wright, Executive Chairman & CEO, commented: “We want to thank our capital partners for their support of Defiance. The loan enabled us to minimize shareholder dilution during a tough market, while the proceeds from our recently closed financing have enabled us to repay the debt and have sufficient working capital moving forward.”

Carlyle Samples up to 43.2 g/t Gold from 0.40 m Channel Sample at Its High-Grade Gold-Silver Cecilia Project in Sonora Mexico

Morgan Good, Chief Executive Officer of Carlyle, commented, “Carlyle is very excited with the high-grade assay results thus far at Cecilia confirming historical numbers produced by Riverside. They show excellent gold values and strong continuity while crossing high level structures which is extremely encouraging as we await further assays and continue preparing for our upcoming drill campaign at the North Breccia and San Jose targets.”

Fresnillo Plc – Price Risk Management

Fresnillo plc announces that it has hedged 7% of the Company’s 2021 silver production, capitalising on the unique market conditions, where current spreads have presented an opportunity to limit downside risk while retaining significant upside exposure to future silver price increases.

Auxico Grants Stock Options

Auxico Resources Canada Inc. announces that it granted 600,000 stock options to directors and consultants of the Company.

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