Canuc Closes Private Placement
December 23, 2020
Canuc Resources Corporation announces the closing of a non-brokered Private Placement for gross proceeds of $300,000 CAD.
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Canuc Resources Corporation announces the closing of a non-brokered Private Placement for gross proceeds of $300,000 CAD.
Nine holes totaling 1,505 metres of RC drilling was completed.
The estimate for the Cerro de Oro Project, using a gold price of US$1,450/oz and a cut-off grade of 0.18 g/t, has an Inferred Mineral Resource of 48 million tonnes grading 0.41 g/t gold or 630,000 ounces of contained gold.
Equinox Gold Corp. reports that the blockade by members of the Carrizalillo community at the Company’s Los Filos Mine in Mexico has been removed and access to the mine has been restored.
The net proceeds from the Financing will be used to, among other things, refurbish the El Cubo mill for operation and further delineate and develop the historic resources identified by Endeavour Silver Corp. while operating the El Cubo mine.
Candente Gold Corp. is pleased to announce that technical experts have been engaged for permitting and deposit modelling for the El Dorado and Cocula projects and for permitting for the San Dieguito de Arriba plant. Claudia Santos of Consultoría Ambiental VUGALIT S.C. will be handling permitting with Barney Lee, of Mingeo International S.A. de C.V.
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