Dieppe, New Brunswick–(Newsfile Corp. – March 29, 2021) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce it will be conducting a non-brokered private placement of up to $2,200,000 CAD. The private placement will consist of the issuance of up to 22,000,000 units with each unit consisting of one common share valued at $0.10 and a warrant to purchase an additional common share at an exercise price of $0.15 per share for a period of two years from the closing of the private placement.
Month: March 2021
ALMADEN FILES FORM 20-F DOCUMENTATION
VANCOUVER, B.C. Almaden Minerals Ltd. (“Almaden” or “the Company”; AMM: TSX; AAU: NYSE American) announces that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 has been filed with the U.S. Securities and Exchange Commission. The Form 20-F and the Company’s audited consolidated financial statements for the years ended December 31, 2020, 2019 and 2018 are available on the Company’s website at http://www.almadenminerals.com.
Southern Intersects High-grade Copper-Silver-Gold at the Bocona Target with 6.3 Metres Averaging 134g/t Ag, 0.5g/t Au, 2.3% Cu (461g/t AgEq) including 1.1 Metres Averaging 567g/t Ag, 2.3g/t Au 11.2% Cu (2,106g/t AgEq)
Southern Silver Exploration Corp. reported today that it has identified high-grade copper-gold-silver mineralization in a down-dip step-out from previously reported bonanza grade silver mineralization in the Mina La Bocona target area at the Cerro Las Minitas project, Durango Mexico.
Silver Wolf Announces Recent Work and Results of Select Grab Samples from The Ana Maria Project That Show Gold and Silver Mineralization
VANCOUVER, BC / ACCESSWIRE / March 29, 2021 / Silver Wolf Exploration Ltd. (TSX-V:SWLF) (“Silver Wolf” or the “Company”) is pleased to announce that it has received assay results from twenty-two (22) grab samples collected during phase one of its inaugural exploration and drill program at its Ana Maria Property, located 21 kilometers (km) northwest of the City of Gómez Palacio and the adjacent City of Torreón. The property consists of 9 mining concessions encompassing 2,549 hectares (ha).
GATOS SILVER REPORTS FOURTH QUARTER AND YEAR-END 2020 RESULTS AND 2021 PROJECTION
DENVER–(BUSINESS WIRE)– Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported fourth quarter and year-end 2020 operational and financial results.
SilverCrest Reports 2020 Annual Financial Results and Update
VANCOUVER, BC – March 29, 2021 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to report the Company’s audited financial results for the year ended December 31, 2020, and an update on construction and exploration activities. The audited consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2020 are available under the Company’s SEDAR profile on www.sedar.com or on SilverCrest’s website www.silvercrestmetals.com. All amounts herein are presented in United States Dollars unless otherwise stated.
Argonaut Gold Announces 43% Increase in Mineral Reserves to 6.8 Million Contained Gold Ounces and 26% Increase in Measured and Indicated Mineral Resources to 13.1 Million Contained Gold Ounces Year-over-Year
TORONTO, March 29, 2021 /CNW/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce it has increased its Mineral Reserves by 43% and its Measured and Indicated (“M&I”) Mineral Resources by 26% from December 31, 2019 to December 31, 2020. The majority of the increase to Mineral Reserves and Mineral Resources are in relation to the acquisition of Alio Gold Inc. (see press release date July 1, 2020). Both the San Agustin mine and the La Colorada mine increased their respective Mineral Reserves net of depletion, while the Florida Canyon mine essentially replaced the Mineral Reserves that were depleted. Mineral Reserves and Mineral Resources were not updated at the Company’s non-producing projects.
Fortuna Intersects 1.93 kilos of silver and 6.76 g/t gold over 5.4 meters at the San Jose Mine, Mexico
VANCOUVER, British Columbia, March 29, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that step-out and infill drilling at the San Jose Mine has established continuity of high-grade mineralization in the upper levels of the Trinidad Footwall structures. The successful drill program was conducted from the second half of 2020 to date, representing 4,670 meters of step-out and infill drilling in 22 drill holes and targeted both resource upgrades and the potential to expand the resource outside of the current area of Mineral Reserves. Mineralization remains open in at least two directions, is adjacent to existing mine infrastructure, and as a result there is potential for inclusion of this material in near-term production.
Heliostar Drills 2.5 Metres of 92g/t Silver in First Holes, Drilling Ongoing at La Lola, Mexico
Vancouver, Canada, March 29th, 2021 – Heliostar Metals Limited (TSX.V: HSTR, OTCQX: HSTXF, FRA: RGG) (“Heliostar” or the “Company”) is pleased to announce results from the first two holes ever completed at the La Lola project in Sonora, Mexico.
MCEWEN MINING: Normal Operation Restored in Mexico
TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report that activities at its El Gallo Project in Mexico have been restored following successful resolution of the concerns raised by members of the nearby communities. A new 10-year agreement has been reached providing additional support to the communities and greater long-term certainty for the El Gallo operation.