“We have taken advantage of our COVID-19 recess to refine and refocus our exploration of the more than 26 veins we have identified in this historic camp,” said Dr. Peter Megaw, Director of Minaurum Gold. “As we resume drilling, we will be testing a mixture of new veins and follow-up drilling of the mineralized shoots emerging in veins we’ve already begun exploring.”
SSR Mining Inc. announced today that it has amended its existing undrawn revolving credit facility on favorable terms, increasing the Facility size from US$75 million to US$200 million.
Luis Castro, Vice President of Exploration, commented, “These results support our view that the Terronera property continues to have significant potential to discover new mineralized zones and grow the mineral resources in multiple veins proximal to the already defined reserves and resources in the main Terronera vein.”
Santacruz Silver Mining Ltd. announces that it intends to issue an aggregate of 10,342,604 common shares of the Company at a price of $0.432 per share in settlement of outstanding debts totalling C$4,468,005.
Candelaria Mining Corp. announces that the Company and Empire Metals Ltd. have mutually agreed to terminate their agreement for the Company to acquire GMC Investments Ltd., a wholly-owned subsidiary of Empire, as previously announced on October 26, 2020.
James McDonald, President and CEO, states “The 5 Señores Vein is proving to be a well mineralized structure with excellent potential to host significant gold and silver resources. Drilling has now tested 600 meters of the 1 kilometer known vein strike on surface.
“The reported drilling results continue to demonstrate the presence of high-grade precious metal mineralization in unmined zones of the historic Plomosas Mine Area.”
Americas Gold and Silver Corporation, a growing North American precious metals producer, wishes to remind its shareholders to vote their shares in respect of the Company’s annual general meeting that is being held at 10:00 a.m. EDT on Thursday, June 10, 2021.
The net proceeds of the Public Offering will be used to advance the exploration and development of the Company’s Panuco project, to make option payments and pursue potential future acquisitions, as well as for working capital and general corporate purposes as set out in the prospectus supplement.
“Colibri is very excited for this inaugural drilling program at El Mezquite. We feel that this project has potential to build a great deal of shareholder value for both Colibri and our partner. We expect lots of news about progress on several projects in the near term.”
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