The Company will now focus on completing the Acquisition and satisfying all of the TSXV conditions for final approval, which the Company estimates will be within the next two weeks.
Great Panther Mining Limited, a growth-oriented precious metals producer focused on the Americas, reports Mineral Resource Estimates for the Company’s 100%-owned Topia Mine and Guanajuato Mine Complex in Mexico.
“The results from the first phase of early operations at the Santana project continue to impress. Gold extraction kinetics demonstrated to date underscore both the rapid leaching and strong recoveries achievable at Santana,” stated Darren Koningen, CEO.
Bill Brodie Good, CEO & Technical Director of Alien Metals, commented: “We are extremely pleased to have all the statutory and local permits now in place for our three Mexico projects.”
“The Loma Dorada – La Colorada Vein System appears increasingly to be a swarm of sub-parallel NW-NNW trending Au and Ag mineralized veins. Results from the 2021 exploration program at the Loma Dorada target indicate that several of the vein structures have strong continuity, over a strike length that has increased to approximately 600 m and are still open to the south.”
“We are very pleased with the 2021 production results, in particular the Q4 numbers, as they exceeded our expectations. In addition, there were many other positives for Avino in 2021,” said David Wolfin, President and CEO.
“Our initial Phase 2 drill holes have been focused on upgrade drilling within the very large open pit outlined in our Preliminary Economic Assessment in late 2021. The drill results in today’s release intercepted broad zones of higher-grade mineralization within the pit outline and will enhance the resource definition for our PFS which we anticipate delivering later this year.”
Drilling is starting at the Shear zone at Big Pit within the Main Zone with 6 planned holes; then will move down to Pique Viejo for 3 holes focused on the steep-dipping high-grade quartz veining recently identified in sampling, including drilling a steeply dipping vein where a channel sample returned 93.9 g/t gold.
Kootenay Silver Inc. is pleased to announce that it has entered into an agreement with Research Capital Corporation, as sole agent and sole bookrunner in connection with a best efforts, private placement of units of the Company at a price of $0.16 per Unit for gross proceeds of up to $4,000,000.
“In the quarter, we continue to invest heavily in our main driver of value – the Los Ricos district – as we advance our second 100,000 metre drill program,” said Brad Langille, President and CEO.
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