John Skeet, Mithril’s Managing Director and CEO commented: “With the exceptional dill results combined with our recent LiDAR survey, district access road upgrade works and development of the district geologic model, Copalquin continues to progress as another significant gold-silver district in Mexico’s prolific Sierra Madre Trend.”
Coeur Mining, Inc., a company specializing in gold and silver mining, announced the immediate resignation of its director, Robert Krcmarov, on Monday.
Auxico Resources Canada Inc. announces the resignation of Melissa Sanderson and Byron King from the Board of Directors of Auxico, effective immediately.
Orex Chairman Adam Cegielski notes: Both John Eren and Chris Beltgens bring a wealth of strategic proficiency and leadership acumen to Orex. John has had tremendous success with junior resource companies, raising significant capital and directing very effective business development strategies. Chris brings significant corporate strategy and capital markets experience to the team. The Board looks forward to collaborating with them both to drive value for Orex shareholders.”
The Plata Verde drill program comprised 13 holes for a total of 2400m of diamond core drilling. The drill holes cut several zones of low-grade silver mineralization, but unfortunately did not intersect zones of significant silver mineralization. Due to the limited economic potential, Minera San Julian has withdrawn from the partnership and Radius is in the process of returning the property to the underlying owners.
Vizsla Silver Corp. is pleased to announce that it has completed its previously announced bought deal public offering of 25,000,000 common shares of the Company at a price of C$2.60 per Common Share for aggregate gross proceeds of C$65,000,000.
“Our resource drilling program has started off with significant high-grade silver results showcasing the mineral continuity of our 1 km-long high-grade Promontorio vein zone,” stated Darrell Rader, President and CEO of Minaurum Gold.
James Anderson, Chairman and CEO, said, “Our rapid transition to producer status was made possible by OCIM; they provided the initial financing for our acquisition of the El Cubo mine and milling facility. In OCIM, we have been very fortunate to have had a funding partner steadfast in their support of our goals and strategic initiatives during the early days of the Company’s emergence into a significant producer of silver and gold in Mexico.”
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