Defiance Announces Upsizing Of Previously Announced Brokered Private Placement For Up To C$11.5 Million

Defiance Silver Corp. (“Defiance” or the “Company”) is pleased to announce that due to significant demand, the Company has increased the size of its previously announced private placement with Red Cloud Securities Inc. (“Red Cloud”) to sell up to 12,777,778 units of the Company (the “Units”) at a price of C$0.90 per Unit (the “Offering Price”) for gross proceeds of up to C$11,500,000 (the “Offering”). The Company and Red Cloud have further agreed to eliminate the previously disclosed agent’s option.

MAMMOTH INCREASES RECENTLY ANNOUNCED $2.0 MILLION PRIVATE PLACEMENT FINANCING

Toronto, Canada (May 26, 2021) – Mammoth Resources Corp. (TSX-V: MTH), (the “Company”, or “Mammoth”) is pleased to announce that its previously announced non brokered private placement financing (the “Private Placement”) announced May 25, 2021, comprising up to 14,300,000 units (the “Units”) at a price of $0.14 per Unit for gross proceeds of $2,002,000 has been enthusiastically subscribed by investors and as such the Company has decided it will increase the size of this private placement to up to 18,482,600 Units, at the same terms as previously announced, for gross proceeds of up to $2,587,564.

MAMMOTH ANNOUNCES $2.0 MILLION, INSTITUTIONAL BACKED PRIVATE PLACEMENT FINANCING

Toronto, Canada (May 25, 2021) – Mammoth Resources Corp. (TSX-V: MTH), (the “Company”, or “Mammoth”) is pleased to announce a non brokered private placement financing (the “Private Placement”) comprising up to 14,300,000 units (the “Units”) at a price of $0.14 per Unit for gross proceeds of $2,002,000, the Unit offering price being the equivalent of the 5, 10 and 15-day volume weighted average price of the Company’s common shares traded on the TSX Venture Exchange (the “Exchange”). Funds managed by institutional together with high net worth investors have agreed to purchase 10,500,000 Units in the Private Placement.

Se espera que la producción mundial de oro disminuya después de alcanzar su punto máximo en 2024: informe

Según el Departamento de Industria, Ciencia, Energía y Recursos (DISER) del gobierno australiano, después de una disminución del 3,9% en 2020 (3,401 toneladas), se pronostica que la producción mundial de minas de oro aumentará un 5,5% (a 3,588 toneladas) en 2021, en un 3,0% (a 3.696 toneladas) en 2022 y en un 2,0% (a 3.769 toneladas) en 2023. DISER dijo que se espera que el lanzamiento mundial de las vacunas COVID-19 minimice la interrupción de la producción de minas de oro después de 2022 .

Fuente: mineriaenlinea.com

Mineras avanzan con cartera de proyectos de US$7.820mn en México

La cartera mexicana de proyectos mineros, que alcanza los US$7.820 millones, continúa avanzando, en momentos en que diversas empresas dan a conocer una serie de hitos de construcción y financiamiento.

Las compañías detallaron el progreso de más de 10 activos en informes de resultados del 1T publicados en las últimas semanas, junto con novedades de financiación clave para otros dos proyectos.

Fuente: Bnamericas

Yacimientos de litio en México tienen bajo potencial: Camimex

De acuerdo con Fernando Alanís, presidente de la Cámara Minera de México (Camimex), aseguró que los yacimientos de litio en estados como Sonora y Zacatecas, tienen una muy baja concentración del metal, lo que hace complicada su extracción al no existir la tecnología necesaria, y por ende, el país está lejos de convertirse en potencia mundial en la extracción del llamado el petróleo del futuro.

Fuente: La Jornada

Mexus Working Towards Agreement With Large Mining Company

CABORCA, Mexico, May 24th, 2021 (GLOBE NEWSWIRE) – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has been working with a group of geologists from the neighboring Herradura mine. The group is reviewing a plan to develop a possible 1 million + oz gold bulk mineral target at the companies Santa Elena mine located in Caborca, MX. This is in addition to the estimated 150 to 200k oz gold from the vein quartz structure which will be confirmed and added to the calculated reserves. Geologists are gathering technical information for imminent core drilling of the major structures which will begin in the next few weeks as to achieve the valuation of a highly economical mineral deposit or deposits. Also, the mining engineering group continues to visit the site and exchange technical information on the Santa Elena mining system. It is expected that an agreement for continued drilling with a long-term financial agreement will be reached in the coming weeks.

Vizsla Announces $60 Million Bought Deal Financing

VANCOUVER, May 26, 2021 /CNW/ – Vizsla Silver Corp. (TSXV: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 24,000,000 units of the Company (the “Units”), at a price of $2.50 per Unit (the “Offering Price”) for gross proceeds of $60,000,000 (the “Offering”).

Sailfish Files Technical Report for Updated Mineral Resource Estimate for the Gavilanes Silver Project

Tortola, British Virgin Islands, May 25, 2021 – Sailfish Royalty Corp. (TSX-V: FISH, OTCQX: SROYF) (the “Company” or “Sailfish”) is pleased to announce that it has filed a technical report (the “Technical Report”) in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Technical Report is titled, “CSA NI 43-101 Technical Report and Estimate of Mineral Resources, Gavilanes silver project, San Dimas Municipality, Durango, Mexico”, dated May 14, 2021 with an effective date of April 1, 2021. The Technical report was produced on behalf of the Company by Matthew D. Gray of Resource Geosciences Incorporated and Derick Unger of Mine Development Associates.