Vancouver, British Columbia–(Newsfile Corp. – April 21, 2022) – Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) (“Barksdale” or the “Company”) announces that it has made an aggregate US$25,000 cash payment and issued 67,736 common shares to Minquest Ltd and Allegiant Gold Corp at a deemed price of C$0.465 per share. This payment confirms Barksdale’s intention to continue with its existing option agreement on the 760-acre Four Metals project, located 3km south of the Company’s flagship Sunnyside project and 2km west of the 100% owned San Antonio project. The issued shares are subject to a four month hold period expiring August 20, 2022.
Month: April 2022
Barksdale Completes Fourth Option Payment
Oroco Continues Its Drilling Success
VANCOUVER, British Columbia – (April 20, 2022) Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the receipt of additional assay results from its drilling campaign at the Santo Tomas property (the “Property”) in northwestern Mexico, having received the assay results from Holes N009 through N012 in the North Zone deposit. Assay results through the first twelve drill holes (8,633 m of drilling) have now been received (see Table 1 below and Figure 1, attached, or at the Company’s website www.orocoresourcecorp.com). The drill program in the North Zone is proceeding very well with the targeted mineralization intersected at the anticipated depths and with noteworthy intervals in all holes. In addition, drilling in the Brasiles Zone continues at Hole B005 with the assays from Holes B001 to B003 pending.
Reforma a la ley minera va: Diputados aprueban iniciativa en su totalidad
Con 275 votos a favor, 24 en contra y 187 abstenciones, fue aprobada en lo general y en lo particular la iniciativa de reforma a la Ley Minera sobre la nacionalización del litio, propuesta por el presidente Andrés Manuel López Obrador.
Fuente: El Financiero
Reyna Gold Drills 7.85m of 3.95 g/t and 30.6m of 0.51 g/t Gold Both From Surface; Discovers Las Amarillas Vein Intersecting 0.6m of 8.61 g/t and 0.5m of 4.33 g/t Gold
VANCOUVER, BC and HONG KONG, CHINA / ACCESSWIRE / April 13 2022 / Reyna Gold Corp. (TSXV:REYG)(OTCQB:REYGF) (“Reyna” or the “Company”) is pleased to announce initial results from the first 8 holes totaling 710 meters(m) of its ongoing 10,000m drill program at its 24,215 hectares Flagship La Gloria Property in Sonora, Mexico. Reyna has achieved the two primary objectives from these holes of extending the breccia zone at Big Pit and establishing quartz veining of grade and size at Pique Viejo. All 8 holes hit gold mineralized structures in initial exploration drilling across the 160 hectares Main Zone target area.
SILVER WOLF APPOINTS MR. VIC CHEVILLON TO THE TECHNICAL ADVISORY BOARD
VANCOUVER, B.C., April 20, 2022: Silver Wolf Exploration Ltd. (OTCQB: SWLFF) (TSX-V: SWLF) (“Silver Wolf” or the “Company”) is pleased to welcome Mr. Victor (Vic) Chevillon M.A., B.S., QP, to the Silver Wolf’s Technical Advisory Board. Mr. Chevillon brings over 50 years of exploration experience and is credited with 3 major deposit discoveries. Over the course of his lengthy career, he has worked for both major and junior mining companies. In addition, he ran a consulting business including over 20 mining clients with a focus on descriptive field geology at the rock interface while utilizing leading edge exploration approaches and technologies. Mr. Chevillon worked for Noranda Exploration Inc., leading the New World copper-silver-gold discovery in Montana. With Placer Dome Exploration he recommended the GetchellTurquoise ridge district acquisition that enabled Place Dome to control three of the four Nevada gold trends. He guided the derivation of the geological model for the Turquoise Ridge deposit and managed outlying district exploration. Most recently, Mr. Chevillon was Vice President of Exploration for Levon Resources Ltd. (“Levon”), where he was the technical member of the management team credited with discovering the Cordero porphyry deposit in Chihuahua, Mexico. The Cordero deposit is one of the largest known silver resources in the world. On the basis of the discovery, Levon consolidated 100% of the claim ownership that covers the entire district on his recommendations. Under Mr. Chevillon’s direction, Levon merged with Discovery Metals (now Discovery Silver Corp. (“Discovery”). Vic is a former director and is currently a Technical Advisor to Discovery.
Magna Gold Announces Completion of Debt Settlement with PEAL de Mexico S.A. de C.V.
TORONTO, April 19, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”) announces that, further to its news release dated March 18, 2022, the Company has issued an aggregate of 1,660,132 common shares in the capital of the Company (“Common Shares”) at a deemed price of $0.76 per Common Share to PEAL de Mexico S.A. de C.V. (“PEAL”) in settlement of outstanding debt in the aggregate amount of US$1,000,000 (the “Debt Settlement”). The Debt Settlement was completed pursuant to an amending agreement dated February 22, 2022 between Molimentales del Noroeste S.A. de C.V. (“Molimentales”), a subsidiary of the Company, and PEAL which amended the terms of a settlement agreement dated June 30, 2020 between Molimentales and PEAL (the “Settlement Agreement”) to settle US$1,000,000 of the outstanding amount owing by the Company under the Settlement Agreement in exchange for the issuance of Common Shares, thereby reducing the amount owing from US$4,054,351 to US$3,054,351.
BENJAMIN HILL SIGNS INVESTOR RELATIONS AGREEMENT AND GRANTS OPTIONS
Vancouver, British Columbia (April 14, 2022) – Benjamin Hill Mining Corp. (CSE: BNN; OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce that the Company has entered in an investor relations agreement with Pacificquest Communications Corp. for a term of one year. In connection with the agreement, the Company has granted 200,000 options exercisable at $0.50 per common share having a term of 3 years and subject to vesting of 25% of the options each calendar quarter over a oneyear period.
Reforma minera violaría el T-MEC y reglas de la OMC: CanCham
La reforma propuesta sobre litio a la Ley Minera violaría compromisos de México en tratados internacionales, de acuerdo con Armando Ortega, presidente del Mining Task Force, de la Cámara de Comercio del Canadá (CanCham) en México.
Fuente: El Economista
Preocupa a industria ambigüedad de cambios en minería
El proyecto de reforma a la Ley Minera para reservar al Estado las nuevas concesiones para la explotación del litio es ambigua y pegará aún más a la incertidumbre y preocupación a los inversionistas por considerar “otros minerales para la transición energética”, alertó Fernando Alanís-Ortega, pro secretario de la Confederación de Cámaras Industriales (Concamin).
Fuente: El Economista
SIERRA METALS REPORTS FIRST QUARTER 2022 PRODUCTION RESULTS
Toronto, ON – April 19, 2022 – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces first quarter 2022 production results.