Bear Creek Mining Corporation announces that its board of directors has authorized and approved a grant of 500,000 stock options to its recently appointed Chief Financial Officer pursuant to its stock option plan.
Greg McKenzie, President and CEO, commented: “C460 was the largest zone mined when Quebradillas was previously in production by First Majestic Silver. The high-grade mineralization reported today extends the C460 Zone at depth to the south where limited drilling was previously performed. The mineralization in this area is higher-grade, and wider, than the previously mined stopes immediately above. We were pleasantly surprised by the much higher grades in this area and will follow up with additional drilling in this location in 2024.”
Simon Dyakowski, President & CEO of Aztec, commented, “Aztec Minerals significantly advanced each of our emerging discovery stage projects in 2023, highlighted by the discovery of bonanza grade silver at the Tombstone project as part of a successful initial core drilling campaign at the property.”
Zacatecas Silver Corp. is pleased to announce it has filed on SEDAR a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report with respect to the Esperanza Gold Project, Mexico.
“A program of geological mapping and sampling will provide us with the information necessary to plan for further work and an effective drilling campaign at San Javier. Our objectives remain confirmation of the IOCG thesis for ore genesis at San Javier and the discovery a silver mineral endowment consistent with this deposit type,” stated Christopher Berlet, President and CEO of Canuc Resources Corp.
Regency Chairman Bruce Bragagnolo stated, “We are excited to acquire an option on the San Dimas Claims. The acquisition fits with our ongoing strategy of acquiring high grade properties in established mining camps and developing them to create substantial shareholder value. We firmly believe that, after Dios Padre, the San Dimas district is the next large scale mining district in Mexico and Regency plans to be firmly established in the area.”
Silver Viper Minerals Corp. announced today that the Company intends to amend its non-brokered private placement financing to raise gross proceeds of up to approximately $2,000,000 from the sale of up to 20,000,000 units at a price of $0.10 per Unit, each Unit consisting of one common share of the Company and one warrant.
James Anderson, Chairman & CEO of Guanajuato Silver, said, “We are delighted to have Danny Lee join us at what is a very important time for Guanajuato Silver, as we look to grow our operating presence within Mexico, and at the same time, successfully complete the current expansion at our four producing silver mines.”
Oroco Resource Corp. is pleased to announce a non-brokered private placement to raise gross proceeds of up to $1,000,000 through the issuance of up to 2,500,000 units at a price of $0.40 per Unit.
Chesapeake Gold Corp. is pleased to announce it has completed a vertical short-form amalgamation pursuant to the Business Corporations Act (British Columbia) effective January 1, 2024 with the Company’s wholly-owned subsidiary, American Gold Capital Corporation.
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