Vancouver, BC – Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB:
GLYXF) (“Goldplay” or the “Company”) is pleased to announce initial metallurgical results from test work on the San Marcial Project in Sinaloa, Mexico. Unoptimized results demonstrate that the high-grade silver mineralization at San Marcial is amenable to standard cyanidation processing with recoveries ranging from 82% to 92% silver.
Southern Silver Exploration Corp. (TSX.V: SSV) (“Southern Silver”) reported today final results from the 2018 core drilling exploration program on the Cerro Las Minitas project. Twenty-one drill holes totaling 10,157 metres were completed in both the Area of the Cerro and various other targets in the more recently acquired Ag-Au epithermal CLM West claim group.
TORONTO, Feb. 28, 2019 /CNW/ – Sable Resources (TSX.V: SAE) (the “Company” or “Sable”) is pleased to announce the first drill results from drillholes M-DDH-19-14 and M-DDH-19-15 from the company’s active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico.
Aloro Mining Corp_28022019_nr
ALORO MINING CORP. – (the “Company” or “Aloro“) is pleased to announce that it has signed a new three year surface access agreement with the Mulatos Ejido. The new agreement allows for all types of exploration activities including roadbuilding and the drilling of up to 50 drill holes.
Vancouver B.C. – February 28, 2019: Evrim Resources Corp. (TSX.V: EVM) (“Evrim” or the “Company”) is pleased to announce that a drilling program has commenced at the Sarape epithermal gold-silver project in northern Sonora, Mexico. Evrim and its exploration partner, a subsidiary of Coeur Mining, Inc. (“Coeur”) have planned 2,500 metres of diamond drilling to test the two main targets.
Vancouver, British Columbia–(Newsfile Corp. – February 28, 2019) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to announce that it has closed its previously announced private placement financing (see February 5,
2019 and February 22, 2019 news releases). The Company has issued 5,691,539 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at $0.08 for 24 months, for gross proceeds of
$369,950. Proceeds from the financing will be used to fund the phase 3 drilling at the Tabasquena project near Ojocaliente, Mexico and for general corporate purposes.
COLORADO SPRINGS – February 26, 2019 – Gold Resource Corporation (NYSE American:
GORO) (the “Company” or “GRC”) today announced an eighth consecutive year of profitability,
reporting net income of $9.3 million or $0.16 per share. The Company also confirmed its previously announced 2018 annual mill production of 26,838 gold ounces and 1,672,034 silver ounces for 47,622 precious metal gold equivalent ounces. The Company announced its 2019 Oaxaca Mining Unit precious metal Outlook targeting 27,000 gold ounces and 1,700,000 silver ounces plus or minus a 10 percent range. The Company’s Nevada Mining Unit’s 2019 gold Outlook is scheduled to be announced after Isabella Pearl production commences, targeted by June 2019 or before. The
Company targets its first 12 months of Isabella Pearl production to be approximately 29,000 gold ounces, plus or minus a 10% range. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
VANCOUVER, British Columbia, Feb. 26, 2019 (GLOBE NEWSWIRE) — Azucar Minerals Ltd. (“Azucar” or the “Company”) (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and in the Porvenir/Encinal area. The results reported today are from the Villa Rica area, a large (roughly 2.5 by 1 km) altered area defined by high magnetics responses with local zones of elevated copper, gold and molybdenum in soil. Hole EC-18-052 and 054 were drilled underneath the previously announced hole EC-17-037. While both EC-18-052 and 54 hit porphyry mineralisation (EC-18-052 hit 18.00 metres that averaged 0.51 g/t gold and 0.42% copper) the intercepts in the three holes suggest that the mineralised intrusive has been clipped and the drilling has not cut across the potential porphyry body to date. Further drilling is underway in the Villa Rica area based on these results.
Silver Spruce Resources Inc.
BRIDGEWATER, NS / ACCESSWIRE / February 26, 2019 / Silver Spruce Resources Inc. (TSXV: SSE) (Frankfort: S6Q) announces that it has closed its current non-brokered private placement and raised gross proceeds of $434,221.03 (the offering). The offering will consist of the issuance of 17,368,841 shares and 17,368,831 warrants.
COLORADO SPRINGS – February 26, 2019 – Gold Resource Corporation (NYSE American:GORO) (the “Company”) updated its annual reserve estimates as of December 31, 2018, increasing its proven and probable reserve tonnes at both its Oaxaca Mining Unit and Nevada Mining Unit by a combined total of 18% gold ounces and 14% silver ounces. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.