Canuc Closes Private Placement Tranche
March 5, 2021
Proceeds will be used for drilling on the Company’s San Javier Silver-Gold Project.
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Proceeds will be used for drilling on the Company’s San Javier Silver-Gold Project.
Tarachi CEO, Cameron Tymstra stated: “We are looking forward to returning to Jabali with the drill crews to continue exploring around the La Dura mine and to test the 400m-long corridor between La Dura and the Zaragoza workings for the potential to host a mineral resource. With many of the World’s economic gold deposits occurring around the intersection of structures, we are keen to bring a surface drill rig in to explore around the interpreted intersection of the two mineralized structures on the property.”
Bill Brodie Good, CEO & Technical Director of Alien Metals, commented: “It is very exciting that Capstone is already drilling the first hole at Donovan 2 in such a short timeframe. Both parties are very encouraged by the results of the recent IP survey and the reprocessing and interpretation of all the historic data collected by Alien. We now have three geophysical targets including the Los Alomos project. With the copper price at its highest for over nine years and continued demand, this positive news is very well timed and we are excited to see the results.”
“I am proud of First Majestic’s commitment to positive and long-lasting impact across the communities where we work,” said Keith Neumeyer, President and CEO of First Majestic. “Social management is a core tenet of the Company and it is continually ingrained in our operations. Being recognized by CEMEFI and ALIARSE emphasizes our daily focus on creating opportunities for social, economic and environmental development. This Award is proudly shared with the communities where we work.”
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