Mithril Resources Ltd (ASX: MTH) (Mithril or the Company) is pleased to provide exploration results for its 100% optioned Copalquin Gold Silver Project in Mexico where a maiden 529koz gold equivalent* high-grade gold-silver JORC resource has been defined at El Refugio-La Soledad * (see ASX announcement 17 November 2021
Month: July 2022
Bendito Resources Announces Completion of the Acquisition of Azure Mineral’s Assets in Mexico and Provides Corporate Updates
Reno, Nevada, USA and Toronto, Ontario, Canada – July 27, 2022 – Bendito Resources Inc. (“Bendito”, the
“Company”, or “we”) is pleased to announce that on July 22, 2022, it completed the previously announced share purchase agreement transactions (the “Transaction”) to acquire a diversified Mexican project portfolio from Azure Minerals Limited (“Azure”). For additional information on the Transaction, please refer to the previously issued press release dated May 31, 2022, that is posted to the Bendito website. On July 18, 2022, the A$20 million Transaction was amended as follows:
Aztec Commences 10-hole, 3000 meter Core Drill Program at its Cervantes Gold-Copper Project, Sonora, Mexico
Vancouver, Canada – July 26, 2022 – Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) (“Aztec”) and
Kootenay Silver Inc. (TSXV: KTN) (“Kootenay”) are pleased to announce that, on July 22nd 2022, they
entered into a Purchase and Sale Agreement (the “Agreement”) whereby Aztec will indirectly acquire
Kootenay’s 35% interest in the joint venture company (“JV Corp.”) that holds the Cervantes porphyry goldcopper project in Sonora, Mexico (the “Transaction”). As consideration for the acquisition, Aztec will issue to Kootenay 10,000,000 common shares in the capital of Aztec, at a price of C$0.25 per share, and Kootenay will retain a 0.5% Net Smelter Return Royalty (“NSR”). Upon completion of the Transaction, JV Corp. will be a wholly owned subsidiary of Aztec.
Prismo Metals to Begin Trading on OTCQB Venture Market Today
Vancouver, British Columbia–(Newsfile Corp. – July 27, 2022) – Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (“Prismo” or the “Company”) today announced that its common shares have been approved for listing on the OTCQB ® Venture Market (“OTCQB ®”), a US trading platform that is operated by the OTC Markets Group in New York. Effective today, the Company will commence trading on the OTCQB ® under the symbol PMOMF.
MAG Silver Reports Second Quarter Production From Juanicipio
VANCOUVER, British Columbia, July 27, 2022 — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) is pleased to report second quarter (Q2) production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively). As reported to MAG by the project operator Fresnillo, on a 100% basis, 154,069 tonnes of mineralized material from both underground development and initial stopes were processed during the three months ended June 30, 2022 at an average head grade of 567 silver grams per tonne.
Aztec Minerals Becomes 100% Owner of Cervantes Property in Sonora, Mexico, Acquires 35% interest from Kootenay Silver
Vancouver, Canada – July 26, 2022 – Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) (“Aztec”) and Kootenay Silver Inc. (TSXV: KTN) (“Kootenay”) are pleased to announce that, on July 22nd 2022, they
entered into a Purchase and Sale Agreement (the “Agreement”) whereby Aztec will indirectly acquire
Kootenay’s 35% interest in the joint venture company (“JV Corp.”) that holds the Cervantes porphyry goldcopper project in Sonora, Mexico (the “Transaction”). As consideration for the acquisition, Aztec will issue to Kootenay 10,000,000 common shares in the capital of Aztec, at a price of C$0.25 per share, and Kootenay will retain a 0.5% Net Smelter Return Royalty (“NSR”). Upon completion of the Transaction, JV Corp. will be a wholly owned subsidiary of Aztec
Aura Announces Changes to Board of Directors
ROAD TOWN, British Virgin Islands, July 25, 2022 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“Aura” or the “Company”) is pleased to announce the appointment of Mr. Pedro Joao Zahran Turqueto to its board of directors (the “Board”), effective July 25, 2022.
SIERRA MADRE ANNOUNCES KENNETH SCOTT AS CFO
VANCOUVER, BC / ACCESSWIRE / July 25, 2022 / Sierra Madre Gold and Silver Ltd. (TSXV:SM)(OTC PINK:SMDRF) (“Sierra Madre” or the “Company”) is pleased to announce the appointment of Mr. Kenneth Scott to the role of Chief Financial Officer (“CFO”), effective immediately. Mr. Scott brings over 33 years of public company auditing experience to the Company.
MONUMENTAL MINERALS CORP. ANNOUNCES DTC ELIGIBILITY
VANCOUVER, BC, July 25, 2022 /CNW/ – Monumental Minerals Corp. (“Monumental” or the “Company”) (TSXV: MNRL) (FSE: BE5) (OTC: MNMRF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”). DTC eligibility is expected to simplify the process of trading and enhance liquidity of Monumental’s shares in the United States. The Company’s shares will now trade under the symbol “MNMRF”.
Orogen Closes Acquisition of Kenyan and Mexican Royalties
Vancouver, B.C. July 25, 2022 (TSX.V:OGN) (OTCQX:OGNRF) Orogen Royalties Inc. (“Orogen” or the “Company”) is pleased to announce the closing of the transaction (previously announced June 9, 2022) with Advance Lithium Corp. (“Advance”) (TSX.V:AALI) whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses (the “Royalties”) in the Lake Victoria Gold Fields (“LVG”) in western Kenya.