VANCOUVER, BC – (June 23, 2017) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) (“Silver Bull” or the “Company“) is pleased to announce its intention to complete a private placement (the “Private Placement“) of up to 21,398,550 units (the “Units“) of the Company at a price of CDN$0.08 per Unit. Each Unit will consist of one common share in the capital of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant entitles the holder to acquire one Common Share at a price of CDN$0.13 until the second anniversary of closing of the Private Placement.
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June 22, 2017 — Vancouver, B.C. – Prospero Silver Corp (PSL.V; the “Company” or “Prospero”) is pleased to announce that drilling has started at the Matorral project in in the Santa Maria del Oro camp, Durango State, Mexico.
The drilling is part of a planned 6,900m program to test 3 of Prospero’s projects under the terms of the recent strategic investment from Fortuna Silver Mines Inc. ((NYSE: FSM, TSX: FVI)). Prospero is planning to drill four holes at Matorral project, followed by eight holes at its Petate project, and then by eight holes at Pachuca SE (see Prospero news release dated May 30, 2017). This drilling program is under the terms of Prospero’s strategic agreement with Fortuna Silver Mines. Drill collar maps for Matorral will be available shortly on Prospero’s website.
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce that it has signed a binding agreement with a private individual to option the 380-hectare Amalia Project which is host to high grade epithermal silver-gold mineralization. The Project is located approximately 25 km SW of the historic Guadalupe y Calvo mining district in Chihuahua, Mexico. During due diligence evaluation Radius geologists sampled bonanza grade outcrop containing 20.4 g/t Au and 5360 g/t Ag from a 1.2m chip.
Premier Gold Mines Limited (TSX-PG) is pleased to provide an update of ongoing exploration and development programs at multiple project sites. The 2017 programs include surface exploration, sustained drilling efforts and development initiatives at several operations.
Underground drilling along strike from the Corona de Oro mine workings has discovered additional high-grade mineralization with intercepts including 116.39 g/t Au & 120.7 g/t Ag across 1.5 metres and 19.84 g/t Au & 700.4 g/t Ag across 3.2 metres.
Development has now reached the Diluvio deposit, located along trend from the Lupita mine workings. Surface and underground drilling continues to define the mineralized horizon prior to mine planning. Step-out drilling has expanded the Diluvio deposit with intercepts up to 10.92 g/t Au & 84.8 g/t Ag across 3.05 metres and 5.17 g/t Au & 13.5 g/t Ag across 30.60 metres.
Underground development (drifting) is underway to access the Marianas Zone, located down-plunge of the Lagunas mine workings. Underground drilling to convert the Marianas Zone from resource to reserve will commence in late 2017.
VANCOUVER, BC – June 22, 2017 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce additional drill results for the Babicanora Vein within the Las Chispas Property (the “Property”) located in Sonora, Mexico. These further drilling results, combined with results announced on March 2, 2017, show an increased high grade footprint within the Babicanora Vein (see attached Figures). The Babicanora Vein is one of 19 epithermal veins that have been identified to date on the Property, which historically was one of the largest silver-gold producers in Sonora. As part of the Company’s ongoing Phase II exploration program, four drills are currently working at the Las Chispas, William Tell, Varela, Giovanni and Babicanora veins, with further results anticipated over the next several months.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 21, 2017) – First Mining Finance Corp. (“First Mining” or the “Company”) (TSX VENTURE:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) is pleased to announce that it has received approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and list its common shares on the TSX.
First Mining’s common shares will commence trading on the TSX effective as of the open of market on June 22, 2017. First Mining’s common shares will continue to trade under the symbol “FF” on the TSX. In conjunction with the graduated listing to the TSX, the Company’s common shares will be voluntarily delisted from the TSXV prior to their commencement of trading on the TSX on June 22, 2017.
Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that it has signed an agreement (the “Option Agreement”) with certain private Mexican companies (together “Contracuña”) pursuant to which Contracuña has granted Santacruz an option to purchase a 100% interest in the Veta Grande and Minillas properties, for aggregate cash consideration of US$15,500,000. The Company currently operates the properties on a 60%/40% net profits interest (“NPI”) basis pursuant to an exclusive thirty-year right granted by Contracuña (see news release dated November 2, 2015).
Vancouver, Canada – June 20, 2017 – Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) announces the release of its 2016 Annual Review and Sustainability Report entitled “Sustainability and Growth”. This marks the fifth consecutive year the company has reported on its sustainability initiatives, including the last four under the GRI G4 sustainability reporting framework.
- Health and Safety: Achieved a 6.6% decrease in reportable injury frequency rate; hired a new Regional Health and Safety Manager to oversee coordinators at each mine
- Economic: Distributed $140 million in economic value in Mexico (including $40 million in employee wages and benefits, and $17 million in taxes)
- Employees: Invested in more than 68,000 training hours for 1,600 full-time employees in Mexico, and 5,600 hours of on-the-job mine training for new employees at Terronera
- Environment: Invested $1.5 million in environmental initiatives; reduced energy consumption by 5%, and planted 34,500 trees
- Community: Identified potential strategic community investment projects near each mine; invested in community infrastructure projects and local cultural, environmental, sports, health and education projects
- Recognition: Received the Socially Responsible Company award from CEMEFI (the Mexican Center for Philanthropy) and the Alliance for Social Responsibility for all three mines
Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that further to the Company’s press release of May 29, 2017 wherein it announced that it had acquired an exclusive five year right to explore, develop and mine the Membrillo silver-zinc-lead-gold vein structure (the
“Membrillo Prospect”) located approximately four km from the Company’s Rosario Project mill facility located near Charcas, San Luis Potosi, Mexico, Santacruz provides the following update. Santacruz’s mining activities at the Membrillo Prospect have been focused on drifting to access the Membrillo vein that generally strikes NW-SE and dips approximately 45 to 60 degrees to the southwest. This underground development has intersected a previously unknown E-W striking vein structure that dips approximately 50 to 52 degrees to the Southwest and is infilled by quartz, carbonate and sulfide minerals. This previously unknown vein is now known as the San Rafael vein. To date the Company has completed approximately 68 meters of drifting on Level 1 along the San Rafael vein where the true width of the vein is approximately 0.50 to 1.6 meters wide.
THUNDER BAY, ONTARIO–(Marketwired – June 20, 2017) – Mexican Gold Corp. (“Mexican Gold” or the “Company”) (TSX VENTURE:MEX) is pleased to announce a 3,000 metre diamond drilling program for its Las Minas gold – copper – silver project. The drilling program targets expansion of the recently discovered mineralization at the Cinco Senores zone as well as step-out drilling at the El Dorado / Juan Bran zone to extend the on-strike and down-dip mineralization. Additionally, a field exploration program, consisting of trenching, sampling and mapping will be carried out at the Santa Cruz zone to test the upward continuation of the zone above the area of previous drilling. Trenching, sampling and mapping will also be undertaken at the Pueblo Nuevo concession to further outline the quartz veins recently sampled at the site.
Brian Robertson, President and CEO, stated, “The exploration program is focused on three high priority mineralized zones at Las Minas. The program combines a geophysical survey with expansion and discovery diamond drilling and preliminary field exploration work. We believe the program will expand the resource at El Dorado – Juan Bran and lead to the discovery of new zones of mineralization at both Cinco Senores and Santa Cruz. The Pueblo Nuevo concession, with its numerous historical high-grade mines, is a high-priority target area.”