Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 35,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,500,000.
President and CEO Frederick Davidson commented, “We are pleased with these new high-grade drill intersections on extensions of the Tres Amigos Zone adding mineralization for ongoing mining. We now have two drills testing extensions of near mine targets and plans to carry out exploration drilling on other targets along the under-explored six kilometre trend next year.”
Glenn Jessome, President & CEO stated “After the release of our robust PFS on the near-surface, low-capex open pit portion of the El Tigre Project, our next goal will be to complete a PEA on the underground component of the project in the first half of 2025. Our current underground drilling program is targeting the Veins, the Sulfide Zone and the Shale Zone from our 400-meter-long rehabilitated haulage-way.”
Bruce Bragagnolo, Regency Executive Chairman stated “We are pleased to welcome someone of Patrick’s calibre to the Regency Board of Directors. His experience with porphyry copper and gold exploration along with his public company credentials will be invaluable to the Company as we advance our flagship Dios Padre project.”
“AHMSA has not been forgotten, we are following up and we have to find an alternative so that all workers can recover their jobs,” said President Sheinbaum on Friday on a working tour of the northern city of Frontera, in the Mexican state of Coahuila, reported the local newspaper El Siglo de Torreón.
Interim President and CEO, Andrew Bowering, commented, “In what has been a productive 2024, the Company has been executing on its vision for the future. We have successfully entered into an option agreement to acquire the Cinco de Mayo Project, mitigating single asset risk.”
Angel Wing Metals Inc. announces that it intends to increase the size of its previously announced non-brokered private placement to up to 40,000,000 units at a price of $0.05 per unit for gross proceeds up to $2,000,000.
Greg McKenzie, President and CEO, commented: “Our Phase 1 & 2 high-grade drill results demonstrate the Norte-Sur Zone extends at least 180 metres below the previous mined stopes, with excellent lateral continuity, and remains open at depth.”
The Company has appealed the decision to the Collegiate Court on the basis that the Chamber had erroneously found that the DGM had complied with mandated cancellation procedures and, therefore, it violated the Company’s fundamental rights such as due process and effective judicial protection.
Heliostar CEO, Charles Funk, commented, “Despite regularly seeing wide, high-grade gold intercepts, Ana Paula continues to surprise us with its gold grades within the deposit.”
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
