“In Q1 2021, we witnessed a rush to silver from retail investors due to online message board rallies and zero commission platforms. The resulting silver squeeze took silver to recent highs which has benefited our bottom-line and also brought in attention to a sector that has been under-allocated by retail investors since 2011.”
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise aggregate gross proceeds of up to C$6.0 million from the sale of up to 12,765,957 units of the Company at a price of C$0.47 per Unit.
Ridgestone Mining Inc. is pleased to announce it has commenced permitting for drill programs at both projects in Mexico: the Guadalupe y Calvo gold-silver project in Chihuahua State and the Rebeico copper-gold project in Sonora State.
Vizsla President and CEO, Michael Konnert, commented: “The trial electromagnetic survey has proven to be extremely successful and adds the ability to directly target the best parts of veins within the district.”
Silver Bull Resources, Inc. a mineral exploration company with assets in Kazakhstan and Mexico, is pleased to announce its intent to distribute shares of Arras Minerals Corp. to Silver Bull shareholders.
Riverside’s President and CEO, John-Mark Staude: “This recent work at the Roble and Ciruelos targets has found extensions, high-grade gold, and strong epithermal gold signatures similar to those found to the east in Tayoltita – San Dimas mining district which is one of Mexico’s top 5 gold producing mining camps.
James McDonald, President & CEO reports, “CDH-21-94 and 96 continue to hit consistent and high-grade results in the F Vein and are particularly important. They encountered excellent grades to 985 gpt and 425 gpt silver, respectively, within wide zones of high and moderate grades in a large area of the vein with no previous drilling.”
As previously announced, three of the Company’s initial Directors – Andrew Adams, Michael Murphy (co-founder), and Fred Stanford – will be retiring from the Board. David Fennell, also an initial Director with more than a decade of service, has decided to retire and not stand for re-election.
“It’s not that hard to dig a hole,” said one of the sources. “What’s hard is getting that stuff out and getting it to processing facilities. That’s what the U.S. government is focused on.”
The Offering is scheduled to close on or around June 9, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.
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