Xali Gold Corp. reports that, pursuant to the terms and conditions of its Omnibus Equity Incentive Plan, an aggregate of 4,100,000 stock options to purchase common shares of the Company have been granted to certain directors, officers and consultants of the Company. The options are exercisable for a period of five years at a price of $0.05 per share.
Sonoro Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 5,555,556 units at a price of C$0.09 per Unit, for gross proceeds of C$500,000.
James Anderson, Chairman and CEO, said, “The sizable expansion of total mineral resources at El Cubo, after several years of mining depletion, is a testament to the resilience and durability of the mines of Guanajuato. We believe that El Cubo will remain the centerpiece of our hub-and-spoke mining strategy for many years.”
Galore Resources Inc. has begun diamond core drilling at its 100% owned Los Gemelos/Duraznillo prospect in Zacatecas State, Mexico. The first two bore holes of a planned 5,000-meter drill program will be drilled at Galore’s previously mined area, which is one of several key targets comprising Galore’s Dos Santos claims.
Americas Gold and Silver Corporation is pleased to announce that the Company’s shareholders passed the following resolutions at the special meeting of the shareholders held on December 17, 2024.
Defiance Silver Corp. announces that, further to its news releases dated February 2, 2024, April 10, 2024 and November 29, 2024, relating to a continuous disclosure review of the Company by the British Columbia Securities Commission it has filed a new technical report on the Company’s Zacatecas Project in Mexico (which includes the San Acacio project).
“Following notification that the temporary suspension has been lifted by the Director General of Mines, all production and development activities at the Morelos Complex will resume, including open pit and underground mining, processing operations, and all activities associated with the Media Luna Project.”
Sailfish Royalty Corp. is pleased to announce that the Company has entered into a share purchase agreement with Advance Metals Limited pursuant to which the Company has agreed to sell to AML all of the issued and outstanding shares of Swordfish Silver Corp. Swordfish, through Sailfish de Mexico S.A. de C.V., holds the mineral rights in and to the silver exploration project located in the Municipality of San Dimas, State of Durango, Mexico, known as the Gavilanes property.
Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to commence an unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra Metals.
“These agreements mark another significant de-risking milestone and provide Minaurum with the long-term stability necessary to advance Alamos and realize its full potential,” stated Darrell Rader, President & CEO of Minaurum Gold.
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