PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce the results of its 2017 annual meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 22, 2017.
At the Meeting, all director nominees listed in the Company’s management information circular dated May 23, 2017 were elected as directors of the Company on a vote held by ballot.
Vancouver, June 23, 2017 – Leagold Mining Corporation (TSX-V: LMC) (“Leagold” or the “Company”) is pleased to announce the voting results of its Annual General and Special Meeting held on June 23, 2017. Leagold shareholders voted to re-elect all of the nominees of the Company’s Board of Directors. Shareholders holding 106,450,987 shares or 77.62% of the outstanding shares of the Company were present in person or by proxy at the meeting
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, BC – Goldex Resources Corporation (TSX VENTURE: GDX; Frankfurt: WKN-A2AEDT, Ticker: G6T2) (“Goldex” or the “Company”) is pleased to report initial gold assay results for the samples taken from the Mingeo Property located in northeastern Sonora, Mexico.
Gold mineralization is confined to low angle quartz “mantos” (0.10 to 3.0m wide), which contain drag folds, evidence of shearing and are transected by steep faults associated with mineralized quartz veins A chip channel sample 0.93m wide returned 22.2 g/t gold. Where observed, the quartz mantos are generally oriented with a WNW-ENE strike and moderate dip to the north and are believed to be of orogenic origin.
Vancouver, BC — June 22, 2017 — Geologix Explorations Inc. [TSX-V: GIX] (“Geologix” or “the Company“) is pleased to announce that it has completed its non-brokered private placement announced on May 15, 2017 (the “Financing”). The Financing was 20% oversubscribed and a total of 20,267,692 units were sold at $0.06 per unit (a “Unit”) for gross proceeds of $1,216,061.
Each Unit consisted of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the purchase of one common share for three years at a price of $0.10. All securities issued and issuable pursuant to the Financing are subject to resale restrictions until October 22, 2017.
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.