Kamloops, British Columbia–(Newsfile Corp. – September 20, 2018) – Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) is pleased to announce it has filed documents with the TSX Venture Exchange to close its private placement financing previously announced August 22, 2018. Subject to regulatory approval, the Company will issue 3,003,527 units at $0.085 per unit for gross proceeds of $255,300. Each Unit consists of 1 common share of the Company and 1 common share purchase warrant, with each warrant being exercisable at $0.10 for 24 months.
Avino Silver & Gold Mines Ltd. (ASM:TSX/NYSE American; FSE:GV6, “Avino” or “the Company”) today announced that it has priced an underwritten public offering of an aggregate of 6,239,867 common shares of the Company, together with warrants to purchase up to 6,239,867 common shares of the Company, at a public offering price of US$0.65 per share and associated warrant to purchase one common share. Each warrant will have an exercise price of US$0.80 and will expire five years from the date of issuance.
Toronto, Ontario (September 21, 2018) – Sable Resources Ltd. (TSXV:SAE) (“Sable” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) as sole underwriter, pursuant to which Haywood has agreed to purchase, on a “bought deal” private placement basis, 8,000,000 units of the Company (“Units”) at a price of $0.25 per Unit (the “Issue Price”) for total gross proceeds of $2,000,000 (the “Offering”). Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-half of one common share
purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price per Warrant Share of $0.35 for a period of 24 months from the closing of the Offering.
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce that two drill rigs have arrived at the Amalia property and drilling has commenced at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program is operated by Radius and funded by Pan American Silver, under a joint venture agreement. Radius plans to drill test several high-grade gold and silver epithermal targets at Amalia in the coming months.
LONDON (Alliance News) – Arian Silver Corp said Thursday that its shareholders voted in favour of the company’s name change to Alien Metals Ltd.
Consolidated Zinc Limited (ASX: CZL; ’Consolidated Zinc’ or ‘the Company’) is pleased to advise that the firstshipment of ore left its high-grade Plomosaszinc-lead-silver project in Mexico on 20 September 2018. First revenues are expected in October-November.
HALIFAX, NOVA SCOTIA – September 19, 2018 Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) has closed a non-brokered private placement raising $750,000 through the issuance of 5,769,227 units at a price of $0.13 per unit. Each unit consists of one common share and one-half warrant of the Company (“Unit”). Every two one-half common share purchase warrants of the Company entitles the subscriber to acquire one common share of the Company for $0.17 for a period of twenty-four months from the closing date. The Units issued pursuant to this private placement are subject to a 4 month hold period that expires on January 19, 2019.
VANCOUVER, BC – September 19, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the updated mineral resource estimation for the Las Chispas Property, located in Sonora, Mexico. Inferred Mineral Resources are estimated at 4.3 million tonnes grading 3.68 grams per tonne (“gpt”) gold (or “Au”) and 347 gpt silver (or “Ag”), or 623 gpt silver equivalent (“AgEq”; based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 86.6% silver and 98.9% gold). The Inferred Resource Estimate contains 511,800 ounces gold and 48.3 million ounces silver, or 86.7 million ounces of AgEq, using a 150 gpt AgEq cut-off grade and minimum true vein width of approximately 1.5 metres. The combination of the Area 51 zone (Babicanora Vein) and adjacent Babicanora Norte Vein hosts a combined Inferred Resource of 1.6 million tonnes grading 6.97 gpt gold and 568 gpt silver, or 1,091 gpt AgEq containing 56.3 million ounces of AgEq. Of the 30 veins in the district, eight veins were used for the updated resource estimate: Babicanora (including Area 51 zone), Babicanora Norte, Granaditas, Las Chispas, Giovanni (including La Blanquita), William Tell, and Luigi. For comparative purposes, please refer to the technical maiden resource report titled “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico”and effective February 12, 2018, as amended May 9, 2018 (“Maiden Resource Report”).
VANCOUVER, British Columbia, Sept. 19, 2018 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) reports that infill drilling within the Terronera vein system on the Terronera property in Jalisco State, Mexico (view Terronera map here) has intersected high grade silver-gold mineralization in an additional 17 drill holes.
Southern Silver Exploration Corp. (TSX.V: SSV) (“Southern Silver”) reported today that additional metallurgical test work on the Skarn Front deposit from the Cerro Las Minitas Project has resulted in both the successful separation of a potential “saleable grade” copper concentrate as well as the generation of a cleaner zinc concentrate grading above 50% zinc without sacrificing zinc, lead or silver recoveries.