Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX-V:SCZ) (“the Company” or “Santacruz”) reports its financial and operating results for the third quarter (“Q3”) of 2021. The full version of the consolidated financial statements and accompanying management discussion and analysis (“MD&A”) can be viewed on the Company’s website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All financial information is prepared in accordance with International Financial Reporting Standards (“IFRS”) and all dollar amounts are expressed in thousands of United States dollars, except per unit amounts, unless otherwise indicated.
Month: November 2021
SILVER TIGER DISCOVERS WIDE ZONE OF HIGH GRADE SILVER MINERALIZATION IN BLACK SHALE UNIT OF THE BENJAMIN VEIN
HALIFAX, NOVA SCOTIA – November 30, 2021 – Silver Tiger Metals Inc. (TSXV:SLVR and OTCQX:SLVTF) (“Silver Tiger” or the “Corporation”) has intersected 4,375.5 g/t silver equivalent over 2.6 meters in the Benjamin Vein in Drill Hole ET-21-272 from 119.9 meters to 122.5 meters within a broader mineralized interval of 15.1 meters grading 1,051.0 g/t silver equivalent from 110.7 meters to 125.8 meters.
First Majestic Prices Offering of Convertible Senior Notes
VANCOUVER, British Columbia – First Majestic Silver Corp. (NYSE: AG) (TSX: FR) (“First Majestic” or the “Company”) announced today that it has priced its previously announced offering (the “Offering”) of unsecured convertible senior notes due in 2027 (the “Notes”). The Company will issue US$200 million aggregate principal amount of Notes (or US$230 million aggregate principal amount if the over‐allotment option is exercised in full). The Notes will be issued at par value. The Company intends to use approximately US$164.9 million of the net proceeds of the Offering to repurchase, in separate privately negotiated transactions, approximately US$125.2 million aggregate principal amount of its outstanding 1.875% convertible senior notes (the “Existing Notes”). The Company intends to use the remainder of the net proceeds from the Offering for general corporate purposes, including strategic opportunities.
Fabled Definition Drilling to the East Hits Near Surface Mineralization with 257.81 g/t Ag Eq over 1.20 meters in Broader 3.7 Meter Zone
Vancouver, British Columbia – Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV: FCO; OTCQB: FBSGF, and FSE: 7NQ) announces the results of surface diamond drilling from the upgraded 14,400 – meter drill program on the “Santa Maria” Property in Parral, Mexico.
Discovery Silver Reports Preliminary Economic Assessment on Cordero with After-Tax NPV of US$1.2 B, IRR of 38% and Payback of 2.0 Years
November 30, 2021, Toronto, Ontario – Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from its Preliminary Economic Assessment (“PEA” or “the Study”) on its 100%-owned Cordero silver project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
Capstone Mining and Mantos Copper Combine to Create Capstone Copper, a Premier Copper Producer With Transformational Near-Term Growth
Vancouver, British Columbia – Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) and Mantos Copper (Bermuda) Limited (“Mantos”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) to combine pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Transaction”). Upon completion of the Transaction, Mantos will be renamed Capstone Copper Corp. (“Capstone Copper”), and will remain headquartered in Vancouver, B.C. Capstone Copper will apply to the Toronto Stock Exchange to list the Capstone Copper shares on the Toronto Stock Exchange. Pursuant to the Agreement, each Capstone shareholder will receive 1 newly issued Capstone Copper share per Capstone share (the “Exchange Ratio”) and the existing Mantos shareholders will continue to hold Capstone Copper shares. Upon completion of the Transaction, former Capstone and Mantos shareholders will collectively own 60.75% and 39.25% of Capstone Copper, respectively, on a fully-diluted share basis.
Silverton Metals Corp Obtains A Surface Access Agreement For The Pluton Silver – Zinc Project, Durango, Mexico
VANCOUVER, BC, November 29, 2021 – Silverton Metals Corp. (TSX-V: SVTN, OTCQB: SVTNF) (“Silverton” or the “Company”) is pleased to announce it has signed an access agreement with the Comisariado Ejidal of Ejido Mapimi, owner of the communal land on which the Company’s Pluton silver – zinc project is situated, in Durango, Mexico. The three-year agreement provides for access to the land for surface exploration work including diamond drilling, and use of a core storage facility. Silverton has initiated exploration work on the property including preparations for a seismic survey scheduled for January 2022, which will be followed by data integration, analysis, target selection and drill permitting in 1H2022 and drilling in 2H2022.
Fabled Silver Gold Issues Shares for Payment of Services by Agoracom and Announces Extension of Agreement
VANCOUVER, BC / ACCESSWIRE / November 29, 2021 / Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF)(FSE:7NQ) wishes to announce that it has renewed its agreement (the “Renewal Agreement”) with Agora Internet Relations Corp. (“AGORA”) to provide online advertising, marketing and branding services (“Advertising Services”) as of November 15, 2021, and wishes to issue common shares in settlement of Advertising Services provided by AGORA to the Company pursuant to the shares for services program ended September 30, 2021 (the “Prior Agreement”).
GR Silver Mining Announces Discovery of
Mineralized Veins at the Plomosas Project –
Loma Dorada Target including: 1.0m at 5.23 g/t
Au and 166 g/t Ag
VANCOUVER, BC, Nov. 29, 2021 /CNW/ – GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces the discovery of a gold-silver rich mineralized zone and the presence of narrow epithermal veining resulting from the initial reconnaissance drilling at Loma Dorada, within the Company’s Plomosas Project, in Sinaloa State, Mexico.
Ag and Au Concentrate Sales Accelerate for Guanajuato Silver
November 29, 2021 – Vancouver, British Columbia – Guanajuato Silver Company Ltd. (the “Company” or “GSilver”) (TSXV:GSVR)(OTCQX:GSVRF) is pleased to provide a production update on the continuing ramp-up at its 100% owned El Cubo silver and gold mine in Guanajuato, Mexico.