VANCOUVER, BC, March 30, 2021 /CNW/ – Vizsla Silver Corp. (TSXV: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) (“Vizsla” or the “Company“) is pleased to provide results from sixteen new holes at the Tajitos vein zone (“Tajitos“) at the Panuco silver-gold project (“Panuco” or the “Project“) in Mexico. These holes expand the length of Tajitos to over 525 metres and the Company continues to expand the zone of mineralization with an additional nine holes completed which are awaiting assay.
Month: March 2021
ENDEAVOUR SILVER ANNOUNCES BOARD AND MANAGEMENT SUCCESSION PLANS
VANCOUVER, British Columbia, March 30, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) announces its forthcoming board and management succession plans.
Ridgestone provides an update on copper & gold exploration initiatives
VANCOUVER, BC / March 30, 2021 / Ridgestone Mining Inc. (TSX.V: RMI) (OTCQB: RIGMF) (FRA:4U5) (“Ridgestone“) is pleased to provide an update of activities following the closing of two over-subscribed private placements raising $2.32 million earlier this year. The capital raised allows Ridgestone to advance its two principal Mexican properties: the Guadalupe y Calvo gold-silver project in Chihuahua and the Rebeico copper-gold project in Sonora.
Equinox Gold Announces Sale of Solaris Shares and Warrants to Augusta Investments and Strategic Shareholder for up to C$132.5 Million
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that, in response to a request from Solaris Resources Inc. (“Solaris”) (TSX: SLS), the Company has agreed to sell a portion of its shareholdings in Solaris totaling ten million common shares (the “Solaris Shares”) to Augusta Investments Inc. and a strategic shareholder for gross proceeds of approximately C$82.5 million. In addition, Equinox Gold will grant the buyers warrants to purchase an additional five million Solaris Shares from the Company for a period of 12 months at C$10.00 per share (the “Warrants”). In the event all Warrants are exercised, the total gross proceeds to Equinox Gold would be C$132.5 million.
Torex Gold reports 2020 year end Mineral Reserves & Resources for El Limón Guajes Complex
TORONTO, Ontario, March 30, 2021 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports that in 2020, total Proven & Probable gold reserves for the Company’s El Limón Guajes Complex (“ELG”) declined 15% year-over-year primarily due to depletion, with ongoing exploration success driving a 15% increase in underground reserves, and ore processed resulting in a 20% decline in open pit reserves.
Telson Closes Non-Brokered Private Placement for Gross Proceeds of $10.08 Million
Vancouver, British Columbia, March 30, 2021 Telson Mining Corporation (“Telson” or the “Company” (TSX-V: TSN; OTC Pink: SOHFF; Frankfurt: TSGN) is pleased to announce that it has closed the non‐brokered private placement (the “Private Placement”) originally announced on February 23, 2021.
Geochemical Survey Expands Commander’s Pedro Gold Zone, Mexico
Vancouver, British Columbia–(Newsfile Corp. – March 30, 2021) – Commander Resources Ltd. (TSXV: CMD) (“Commander”) is pleased to report results from a soil sampling program completed at the Company’s Pedro Gold project in late 2020. The Pedro property is located 100 Km from Torreon, Mexico in the northeastern part of the State of Durango and approximately 30 km west of the town of Mapimi and covers a large multi-kilometre epithermal-style gold target. The wholly owned 1,750 ha property was acquired by Commander in 2016 from Bearing Lithium.
Hecla to Present at Extractive Industry Investment Options Conference
COEUR D’ALENE, Idaho–(BUSINESS WIRE)– Hecla Mining Company (NYSE:HL) today announced President and CEO, Phillips S. Baker, Jr., will speak at the Extractive Industry Investment Options Virtual Conference. Mr. Baker’s presentation “Silver: The Technometal – New Demand, New Policy, New Future” is scheduled for Wednesday, March 31, at 12:00 p.m. (ET).
Prime Mining Reports Operating and Financial Results for Q3 2021
Vancouver, British Columbia – March 29, 2021 – Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the third quarter of fiscal year 2021, ended January 31, 2021. Unless otherwise stated, all amounts are presented in Canadian dollars (“C$”).
SONORO GOLD ANNOUNCES $2.0 MILLION UNIT PRIVATE PLACEMENT
VANCOUVER, Canada, March 29, 2021 – Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it will undertake a non-brokered private placement offering (the “Offering”), consisting of up to 11,111,111 units (the “Units”) at a price of C$0.18 per Unit, for gross proceeds of up to C$2,000,000. Each Unit will be composed of one Sonoro Common share and one Common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional Sonoro Common share for a period of two years from the closing at an exercise price of $0.30 per share.