Month: December 2021

Pantera Silver Receives Drill Permit for Nuevo Taxco Silver Project

Jay Roberge, CEO of Pantera Silver commented, “We are very grateful to have received the drill permit for the Nuevo Taxco Silver project and for the support and patience of our shareholders. This concludes a rigorous process that required the attention and hard work of many individuals working under challenging Covid protocols.”

Prime Meridian Resources Corp. Secures Option to Purchase the Historic La Verde Grande Cu-Zn-Ag-Au Mine in Sonora State, Mexico

Brian Leeners, chief executive officer of PMR, commented: “We have been financing and developing copper projects in Canada, the USA and Mexico for over 20 years and the opportunity at La Verde is the best I have seen over that time period, as it provides a potentially significant value proposition from the combination of a near-term production opportunity from the skarns and the exciting prospect of a new copper porphyry discovery in one of the world’s most productive copper belts.”

Tocvan Updates on Trenching Program at its Pilar Au-Ag Project

“Trenching is well underway and we look forward to starting drilling in the next few days.”, commented VP Exploration, Brodie Sutherland. “Our trench program at Pilar will assist in guiding future drill programs as well as provide bulk sampling material across our oxide targets for more advanced metallurgical test work scheduled to be completed in the New Year”

Initial Drilling at Santo Tomas Confirms Gradeshell Model

The 2021 program is based on angled drill holes oriented perpendicular to the re-modelled strike and dip of the deposit and is the first program that features drill holes that pass from the hanging wall of the North Zone deposit into the footwall and which also features a full suite of assay information that includes copper, molybdenum, gold and silver.

Sierra Madre Commences Trading on the OTCQB

Alex Langer, President & CEO of Sierra Madre stated, “We have seen increasing US retail and institutional interest in our Company since listing on the TSXV earlier this year. We already have a sizeable US based shareholder base and intend to increase liquidity and interest south of the border by making it easier for potential US shareholders to buy shares on a US exchange.”

GSilver Closes Second and Final Tranche of C$9.52m Private Placement

Chairman and CEO James Anderson said: “Support from our long-term shareholders – both large and small – has made this private placement an oversubscribed success. This financing leaves GSilver in a stronger financial position, able to withstand the vagaries of the marketplace as well as any technical challenges during the continued ramp up of Mexico’s newest precious metals operation.”

Advance Gold To Become Advance Lithium

“To highlight our move into lithium, we felt a change to our name would better reflect our focus. In addition to our 13 lithium and potassium salars/salt lakes, we have also retained the rights to a new extraction method for lithium and potassium to be used on our salars.”

Vizsla Expands Napoleon Resource Area and Outlines High-Grade Footprint

Vizsla President and CEO Michael Konnert commented: “As we rapidly approach the deadline for drilling to be incorporated into the maiden Panuco resource estimate, anticipated in Q1 2022, new results from the Napoleon Vein continue to demonstrate the exceptional size and grade of the underlying system.”

Heliostar Commences Maiden 5,000 Metre Drill Program at Cumaro, Mexico

Heliostar CEO, Charles Funk, commented: “We started getting excited to drill at Cumaro as soon as we made the Verde discovery in September. We increased the size of the program to 5,000 metres, based on the number of targets at our two main areas of focus. The Verde discovery is our highest priority target in Mexico, where we will drill beneath many high-grade channel sample intercepts. We will also test the concept that the eastern half of Cumaro is a down-thrown block.”

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