The Company has learned that the Mexican National Banking and Securities Commission (CNBV) notified Accendo Banco, S.A. (Accendo Banco) of the revocation of its authorization to organize and operate as a multiple banking institution due to below the regulatory minimum levels of liquidity coverage ratio of the institution.
Derek Wood CEO of Tocvan commented, “We believe the value of the Rogers Creek Property is not reflected in Tocvan’s current share price and see the proposed Spin-Out to create additional value for Tocvan shareholders.”
“It has been a rough patch for the junior resource sector over the last several months, but we remain laser-focused on creating value for our shareholders,” said Mike Romanik president of Silver Dollar. “We are cashed-up and eager to restart exploration drilling at La Joya.”
Taj Singh, President and CEO, states: “Highlight intercepts from this release are from both the North and South Corridors and demonstrate the potential to expand the higher-grade resource as we tighten up the drill spacing across the deposit through our Phase 2 drill program.”
It now is the belief, that the mineralized diorite dike being encountered in present drilling or re-logged in past historical drilling is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth. The emplacement of the dike caused breccias and sheeted veins to the sides of the walls over considerable widths.
Sr. Sergio A. Trelles, Special Advisor, states: “We see strong economic potential in the Sonora Copper area, based on the observed precious and base metal enrichment seen along the outcropping mineralized structures. The positive results are encouraging us to go on with exploration and evaluation activities”.
Sierra Metals Inc. has filed an updated independent technical report prepared in accordance with National Instrument 43-101 on the Bolivar Mine in Mexico.
Canasil Resources Inc. announces the voting results from its Annual General Meeting of Shareholders held on September 28, 2021, in Vancouver, British Columbia.
Lawrence Page, Q.C., Southern Silver’s President, stated: “We welcome the return of incumbent directors who have ably assisted the Company in the development of its principal property, Cerro Las Minitas. Donald Head did not stand for re-election and remains as a valued consultant to the Company. We are fortunate that Russell Ball and Paul Harbidge have agreed to assist the Company, as consultants and director as noted in this release.”
“These age-date results are proof of our concept that our properties are part of a continuous belt of caldera systems that have shown exceptional potential for hosting bonanza grade Au-Ag epithermal deposits,” said David Jones, Exploration Manager and Director of Madoro Metals.
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