Month: September 2019

Advance Gold Plans Additional Drilling and further Geophysics at Tabasquena Project in Prolific Zacatecas State of Mexico

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190918_advance_exploration_update

Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to provide an exploration update on its Tabasquena gold and silver project in Zacatecas, Mexico. To date, 10 drill holes have been completed hitting widespread gold and silver mineralization in near surface epithermal veins. Recently, a 3D induced polarization (IP) survey was completed that identified a significant continuous chargeability anomaly, with an east-west width of approximately 250 metres and an apparent strike length of over 800 metres. This anomaly is located directly below the Tabasquena vein.  The anomaly remains open to the north and to the south and at depth. A second phase 3D IP geophysical survey is scheduled to begin in the first week of October to extend the grid to the south.

PRIZE MINING ANNOUNCES THE RESIGNATION OF MICHAEL McPHIE AS CEO, PRESIDENT AND DIRECTOR AND APPOINTMENT OF GARY CLAYTENS AS INTERIM CEO, PRESIDENT AND DIRECTOR

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Prize Mining 18092019

Vancouver, British Columbia (September 18, 2019) – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces the resignation of Michael McPhie as CEO, President and a Director of Prize.  Gary Claytens has been appointed as CEO, President and Director on an interim basis.

SIERRA METALS ANNOUNCES AMENDMENT AND INCREASE OF CURRENT NORMAL COURSE ISSUER BID TO A 2.5 MILLION SHARE TARGET

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Sierra-Metals-18092019

TORONTO–(BUSINESS WIRE)– Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces that the Toronto Stock Exchange (the “Exchange”) has accepted a notice filed by the Company of its intention to amend its previously announced Normal Course Issuer Bid (the “NCIB”) to increase the number of common shares of the Company (the “Shares”) which the Company may repurchase for cancellation under the NCIB from 1,500,000 Shares, or approximately 0.92% of the issued and outstanding Shares as of the date of commencement of the NCIB, to 2,500,000 Shares, representing approximately 1.54% of the Company’s issued and outstanding Shares as of September 17, 2019.

Prospero Provides Drilling Update for the Pachuca SE Project Identifies a Fully Preserved Epithermal Mineralized Zone

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Prospero Silver Corp. – Wed Sep 18, 2019

September 17, 2019. Prospero Silver Corp. (TSX.V: PSL; “The Company” or “Prospero”) is pleased to provide an update on a recent diamond-drilling program at its Pachuca SE project in Hidalgo state, Mexico, which was funded by PSL’s strategic partner, Fortuna Silver Mines Inc.  The first 3 holes, which were drilled in 2018, identified a new epithermal system at Pachuca (see news releases dated March 14 and 29, 2018). An additional 8 holes (5,933m) were drilled in 2019 to target a potential blind, epithermal mineralized ore zone at depth.  The Pachuca SE target lies about 20km southeast of the Vizcaina vein, one of the largest silver-rich epithermal veins globally.

AZURE MINERALS.- SUCCESSFUL FINALISATION OF TAX DISPUTE

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AzureMinerals_16092019

Azure Minerals Limited (ASX: AZS) (“Azure” or the “Company”) is pleased to advise that a dispute over the recovery of IVA (the Mexican equivalent of GST) has been finalised with the Mexican tax authorities. This has resulted in the payment of Mx$10,337,075, approximately $767,000 Australian dollars (after conversion) to the Company’s 100% owned Mexican subsidiary Minera Azure SA de CV (MA).

CZL.- Interim Financial Report For the six months ended 30 June 2019

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130919-Half-Year-Accounts-30-June-2019

REVIEW OF OPERATIONS
MEXICO – The Plomosas Project During the reporting period, the Group focused on its flagship high grade zinc-lead-silver Plomosas mine in the state of Chihuahua. Chihuahua hosts a prolific zinc-lead mineralised belt, and Plomosas has been mined periodically since 1943. The Group brought the mine back into production in September 2018.

Defiance Announces Shares For Debt Transaction & Appointment Of An Investor Relations Firm

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Defiance16092019

VANCOUVER, B.C. – Defiance Silver Corp. (the “Company” or “Defiance”) reports that it intends to settle up to $150,000 of debt through the issuance of up to 535,715 common shares of the Company (the “Shares”) at a deemed price of $0.28 per Share to certain creditors of the Company, including certain of its directors and officers (the “Creditors”).

Mexus makes initial sale of gold from production at Santa Elena mine

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Mexus Gold US_16092019

ABORCA, Mexico, September 13rd, 2019 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that on September 12th, 2019 the company negotiated and sold its first gold from production at its Santa Elena mine. The sale was based at a 2% discount from today’s spot price per oz. The selling of gold completes the gold production cycle for Mexus and confirms that the company is now in full production. Mexus intends to notify its shareholders of additional production in the upcoming weeks which will show a steady and sustainable increase in gold recovery. Mexus CEO Paul Thompson Sr. added “This is a monumental and important step for Mexus as it shows we are capable of recovering gold at the Santa Elena mine. I will continue to take steps towards making Mexus a major gold producing company.”