Vancouver, B.C., September 22, 2021, Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) is pleased to announce that, further to its press release of September 1, 2021, and due to investor demand, it has upsized its non-brokered private placement from gross proceeds of $7,800,000 to up to $9,300,000 through the issuance of up to 20,666,666 units of the Company (the “Units”) at a price of $0.45 per Unit (the “Offering”). Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant (the “Warrants”), with each full Warrant entitling the holder thereof to acquire one common share of the Company at a price $0.65 for a period of 36 months following the closing of the Offering.
VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) — Benjamin Hill Mining Corp. (CSE: BNN) (OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce their inaugural drill program for their never before drilled Sonora Gold property in the Caborca Gold belt of Sonora Mexico. The program consists of 80 strategic drill holes targeting the main mineralized structures in the Caracahui, Caracahui North, Sonora Copper, La Salada and Antenas exploration areas.
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VANCOUVER, BC, Sept. 21, 2021 /CNW/ – Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) (“Tarachi” or the “Company“) is pleased to announce drill results from its recently completed Phase 2 drill program on the Company’s San Javier concession in Sonora, Mexico.
BEDFORD, NS / ACCESSWIRE / September 21, 2021 / (TSXV:SSE) – Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”) announces the receipt of all assays from the twenty holes of its Phase 1 exploration drilling at the El Mezquite Au-Ag property (“El Mezquite” or the “Property”).
Vancouver, BC, September 21, 2021 – Great Panther Mining Limited (TSX:GPR; NYSE-A:GPL) (“Great Panther” or the “Company”), a growing gold and silver producer focused on the Americas, announces that it has entered into a $20 million gold doré prepayment agreement (the “Doré Agreement”) with Asahi Refining Canada Ltd. (“Asahi”), a wholly owned subsidiary of Asahi Holdings, Inc., as well as a $5 million lead concentrate prepayment agreement (the “Concentrate Agreement”) with Samsung C&T U.K. Ltd. (“Samsung”), a wholly owned subsidiary of Samsung C&T Corporation
Dieppe, New Brunswick–(Newsfile Corp. – September 21, 2021) – Colibri Resource Corporation (TSXV:CBI) (“Colibri” or the “Company”) is pleased to announce that its partner, Silver Spruce Resources, Inc. (TSXV: SSE) has reported assay results for the final 10 holes drilled at the El Mezquite Au-Ag property (“El Mezquite” or the “Property”). All holes intersected gold mineralization over variable core lengths. Highlights of the assays received include intercepts of 0.537 grams per tonne (“g/t”) Au over an intersection length of 6.1 metres (“m”) in hole MEZ-21-0
Vancouver, British Columbia–(Newsfile Corp. – September 20, 2021) – Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of ATLYF. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Altaley’s common shares will continue to trade on the TSX Venture Exchange under the symbol ATLY, and on the Frankfurt Stock Exchange under the symbol TSGA.
Southern Silver Exploration Corp. (TSX.V: SSV) (the “Company” or “Southern Silver”) purchased a 60% indirect working interest in the Cerro Las Minitas project (the “CLM Project”) located in Durango, Mexico from Electrum Global Holdings LP (“Electrum”) in September 2020 subject to a security pledge. The Company has now made the final payment to Electrum of US$2 million and issued 7,971,878 common shares equal to US$2 million (based on the prior 20-day VWAP) and now holds a 100% interest in the CLM Project free of such security pledge. As consideration for the acquisition, Southern Silver has paid Electrum an aggregate US$15 million in a combination of cash and common shares.
VANCOUVER, BC, Sept. 20, 2021 /CNW/ – Sable Resources Ltd. (“Sable” or the “Company”) (TSXV: SAE) (OTCQB: SBLRF) is pleased to present the Company’s planned exploration activities covering multiple projects located in the well-endowed Miocene Mineral Belt of San Juan in Argentina (see figure 1 on page 3) and along the Central Mexico Silver Mineral Belt. The planned exploration program will be undertaken commencing September 2021 through May 2022, covering the South American spring and summer field seasons. Sable is planning on conducting a total of 25,000 metres of drilling on three projects. The Company is well-funded with approximately C$28.5 million in cash and investments as of June 30, 2021. The planned exploration activities will cost an estimated C$15.9 million, leaving Sable in a strong cash position at the end of May 2022. South32 will fully fund all work within the current joint venture area that is covered by the Earn-in Agreement signed between the Company and South32 earlier this year (see press release dated January 28, 2021).