Day: August 16, 2022

Orla Mining Closes Acquisition of Gold Customary Ventures

“The closing of this acquisition marks an crucial milestone in Orla’s journey in turning right into a growth-oriented, low-cost, mid-tier gold producer,” said Jason Simpson, President and Chief Govt Officer of Orla Mining.

Santacruz Silver Announces Appointment of Chief Operating Officer

Santacruz Silver Mining Ltd. is pleased to announce the appointment of Mr. Wayne Corso to the role of Chief Operating Officer. Mr. Corso holds a B.Sc., Mining Engineering, from the Colorado School of Mines at Golden Colorado, has over 35 years of experience in the industry and will be responsible for overseeing all operational functions of the Company’s mines and exploration projects.

Mexican Gold Announces Private Placement Repricing

The price per Unit of the Offering has been reduced from $0.02 per Unit to $0.015 per Unit. As it remains the Company’s intention to raise $150,000, the number of Units offered has increased from 7,500,000 to 10,000,000 accordingly.

Kootenay Silver Intercepts 11.3 meters of 449 gpt Silver, 0.3% Lead and 0.66% Zinc and 1.5 meters averaging 1,395 gpt Silver, 0.94% Lead and 5.3% Zinc at Columba High-Grade Silver Project, Mexico

Kootenay Silver’s President and CEO Mr. James McDonald stated “We are extremely pleased with the new results from Columba. Each of the holes was designed to extend the F and D veins beyond previous drilling, in some cases returning high silver grades which we expect from this project. As work continues to discover high grade shoots at Columba, we see increasing potential to identify a significant silver resource.”

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