Vancouver, British Columbia, August 19, 2021. Xali Gold Corp. (TSXV:XGC) (“Xali Gold” and/or the “Company”) is pleased to advise that exploration permit applications have been submitted for the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. Based on the new 3D model, which identified high-grade mineralization occurring in multiple parallel veins at a spacing close enough to potentially access several veins through common development workings, a drill program with a minimum of 2000 meters is planned for Q4 2021/Q1 2022. Drilling, along with underground sampling, is planned to test potential lateral extensions to the high-grade zones and to better define plunging mineralization shoots. The 3D model can be viewed here.
Month: August 2021
IMPACT Silver Announces Second Quarter 2021 Results Including Net Earnings of $ 0.22 Million and a 50 Percent Increase in Revenue to $4.2 Million
Vancouver, British Columbia–(Newsfile Corp. – August 18, 2021) – IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (“IMPACT” or the “Company”) announces its financial and operating results for the second quarter ended June 30, 2021.
Spike in COVID-19 Cases at Gold Resource Corporation’s Don David Gold Mine Necessitates Temporary Ramp Down of Certain Activities
DENVER, CO / ACCESSWIRE / August 18, 2021 / Gold Resource Corporation (NYSE American:GORO) (the “Company“, “We“, “Our” or “GRC“) considers the health and safety of its workers and host communities a fundamental priority of the Company’s operations. Like many other countries, the highly contagious COVID-19 delta variant has had a devastating impact on Mexico. In the last three days, the number of individuals in isolation at the Don David Gold Mine has climbed to 102, stretching our camp and extra accommodations in the local communities to the limit. After discussions with our medical staff and an epidemiologist, we are reducing the movement of people coming to the mine site from the local communities and the region. Accordingly, we will ramp down operations starting today and will continue with significantly reduced activities at the mine for at least the next ten days. Our objectives include minimizing the further spread of infection amongst our workforce and the local communities, providing relief to our medical teams, and not further overstraining our accommodations.
GoGold Resources Drills 3,435 g/t AgEq over 1.0m within 41.6m of 312 g/t AgEq at Casados in Los Ricos North
HALIFAX, NS, Aug. 18, 2021 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to release the results of 7 new drill holes from the Casados deposit in the Los Ricos North project. Drill hole LRGCS-21-053 intersected 3,435 g/t silver equivalent (“AgEq”) over 1.0m within 41.6m of 312 g/t AgEq. See Table 1 for breakdown of silver and gold values.
Excellon Drills 1,828 g/t Silver Equivalent Over 5.2 Metres at Platosa
Toronto, Ontario – August 18, 2021 – Excellon Resources Inc. (TSX:EXN, EXN.WT; NYSE:EXN; FRA:E4X2) (“Excellon” or the “Company”) is pleased to announce results from underground drilling at the Platosa Mine in Durango, Mexico.
Fabled Continues To Define New Gold System, Hits Lower Feeder, which Returns 580.01 g/t Silver Eq, PLUS 19.90% Lead, 5.18% Zinc and 1.29% Copper
Vancouver, British Columbia – Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV: FCO; OTCQB:FBSGF, and FSE: 7NQ) is pleased to announce updates of the results of diamond drilling from the newly upgraded 14,200-meter drill program on the “Santa Maria” Property in Parral, Mexico.
GALORE PROPOSES TO EXTEND WARRANTS
Vancouver, BC: Galore Resources Inc. (TSX-V: GRI) (the “Company”) proposes to extend by a further three (3) years, the expiry date of a total of 5,596,319 share purchase warrants (“Warrants”) , issued in connection with a non-brokered private placement completed in three tranches in September through November, 2019. These Warrants are exercisable into 5,596,319 common shares at an exercise price of $0.10 per share.
Starcore Announces the Acquisition of the Teocuitla Claims next to the El Creston Project in Opodepe, Sonora State, Mexico. – MAPS INCLUDED
Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or “the Company”) is pleased to announce the acquisition of 3087.7691 hectares of the Teocuitla claims from Minera Teocuitla SA de CV of Hermosillo, Sonora, Mexico.
CANDELARIA ANNOUNCES TERMINATION OF BROKERED PRIVATE PLACEMENT
Vancouver, B.C., June 16, 2021, Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) announces that the Company will not be proceeding with the proposed brokered private placement that the Company previously announced on April 14, 2021 and May 13, 2021. The Company is currently considering alternate forms of funding.
GATOS SILVER ANNOUNCES EXECUTIVE MANAGEMENT CHANGES
DENVER–(BUSINESS WIRE)– Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) announces the departure of John Kinyon, Chief Operating Officer, from the Company effective today. The Los Gatos Joint Venture (“LGJV”) operations will report directly to Dale Andres, President of the Company.