Vancouver, BC – GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV|GRSL, OTCQB|GRSLF, FRANKFURT|GPE) – announces today that it has accepted the resignation of Jonathan Rubenstein from the Board of Directors of the Company. Mr. Rubenstein was appointed to the Board of Directors in September 2020 after previously serving on the Company’s Advisory Board.
TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from ongoing surface exploration drilling at Puerto Del Aire (“PDA”), further extending high-grade gold mineralization outside of Mineral Reserves and Resources. PDA is a higher-grade underground deposit, adjacent to the main Mulatos pit, and is comprised of five zones including PDA1, PDA2, Gap, Victor and Estrella. All reported composite widths are estimated true width of the mineralized zones.
ALORO MINING CORP. – (the “Company” or “Aloro“) is pleased to announce that it has signed an Option Agreement to acquire 100% of the Quitovac Gold Mine Project (Quitovac) in Sonora, Mexico. Quitovac is located in the prolific Mojave-Sonora Megashear, where a large part of Mexico’s recent gold production is derived. Aloro has entered into the agreement with Cuesta Del Cobre, S. De R.L. De C.V. of Hermosillo, Sonora, Mexico.
VANCOUVER, British Columbia and HONG KONG, Feb. 01, 2023 (GLOBE NEWSWIRE) — Reyna Silver Corp. (TSXV: RSLV; OTCQB: RSNVF; FRA: 4ZC) (“Reyna” or the “Company”) is pleased to announce that it has entered into an agreement with Eight Capital, as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters (collectively, the
“Underwriters”), in connection with a “bought deal” private placement financing of 13,334,000 units of the Company (the “Units”) at a price of C$0.30 per Unit (the “Issue Price”), for aggregate gross proceeds of C$4,000,200 (the “Offering”).
VANCOUVER, BC – January 31, 2023 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to provide fourth quarter operational results (Q4, 2022) and an update on activities at the Company’s Las Chispas Mine (“Las Chispas” or the “Mine”) located in Sonora, Mexico. All currency amounts herein are presented in United States Dollars, unless otherwise stated.
VANCOUVER, BC, Jan. 31, 2023 /CNW/ – Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) (“Orla” or the “Company”) is pleased to provide an update on its 2022 exploration activities at Camino Rojo and provide an overview of its 2023 exploration plans in Mexico. Updates on Orla’s exploration activities in Nevada, US and Panama will be provided in the first quarter.
Toronto, Ontario–(Newsfile Corp. – January 31, 2023) – Minera Alamos Inc. (TSXV: MAI) (“Minera” or the “Company”) is pleased to provide an update following the completion of the Company’s 2022 endof-year planning reviews and meetings. The Company met its initial thresholds for commercial production at Santana during 2022 including criteria related to gold recoveries from the heap leach pad as well as monthly mining rates in the second half of 2022. Final approvals are pending for the next
phase of pad expansion that should more than triple the leach pad capacity at the Santana mine in addition to providing full access to the Nicho deposits which have grown in size as a result of the 2019 and 2020 drilling campaigns subsequent to the project’s initial permit approvals for the start of mining operations. These applications were resubmitted in the second half of 2022 after modifications to comply with new requirements related to reductions in greenhouse gas emissions via programs of surface reforestation
VANCOUVER, BC, Jan. 31, 2023 /CNW/ – GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that it proposes to undertake a non-brokered private placement of units (each, a “Unit”), at a purchase price of $0.10 per Unit, to raise total gross proceeds of up to $3 million (the “Offering”). Each Unit will consist of one common share of the Company, and one-half (½) of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the Company at a price of $0.15 at any time on or before that date which is 24 months after the closing date of the Offering, except that, if the closing price of the Company’s common shares on the TSX Venture Exchange (“TSXV”) is equal to or exceeds $0.30 for 10 consecutive trading days, then the Company may anytime thereafter accelerate the expiry date of the warrants such that the new expiry date will be the 10 th day following the date on which the Company issues notice to all the warrant holders of the new expiry date.