Bacanora Lithium plc .- Update on Strategic Investment by Ganfeng Lithium


Bacanora Lithium plc (AIM: BCN), the London traded lithium company, is pleased to provide an update on its Investment Agreement and Offtake Agreement (‘the Strategic Investment’ or ‘the Agreements’) with leading global lithium company Ganfeng Lithium Co., Ltd. (“Ganfeng” or “GFL”).  As announced on 28 June 2019, the Agreements have been submitted to the relevant authorities in China for approval and completion.  The first of the approvals, from the PRC Ministry of Commerce (MOFCOM), was received by Ganfeng at the end of July 2019 and we have now been informed that the second approval has been processed by NDRC (National Development and Reform Commission) and received by Ganfeng.  It is anticipated that the final approval from SAFE (State Administration of Foreign Exchange) will be received following a Ganfeng board meeting to be held in the coming weeks.  Bacanora will provide further updates once final approval is received.



Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that it closed its non-brokered private placement financing (the “Private Placement”) of units (each a “Unit”) for gross proceeds of $5,000,000 ($0.16 per Unit), announced on August 13, 2019. The entire Private Placement was fully subscribed by Mr. Eric Sprott.

Millrock Announces Extension Granted To Private Placement

Millrock Announces Extension Granted To Private Placement

VANCOUVER, BRITISH COLUMBIA, August 23, 2019 – Millrock Resources Inc. (TSX-V: MRO) (“Millrock” or the “Company”) announces the TSX Venture Exchange has granted Millrock an extension to the deadline to file final materials in respect of the private placement financing announced on July 10, 2019.  The Company must complete the filing by September 25, 2019.

Megastar Samples 308g Silver and 1.07g Gold Along 530-Meter Vein System at Yautepec

Megastar Development_22082019

Vancouver, BC, Canada, August 22, 2019 – Megastar Development Corp. (“Megastar”, or the “Company”) (TSX-V: MDV; Frankfurt: M5QN), an early stage mineral exploration company focused on its properties in Oaxaca, Mexico, is pleased to announce recently received sample results from a second period of reconnaissance fieldwork at its Yautepec Project in Oaxaca state, Mexico.


August 22 2019 – Torex initiates gold price protection program

TORONTO, Ontario, August 22, 2019 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the Company has entered into a series of zero-cost collar hedges which are consistent with the policy approved by the Board of Directors. A total of 96,000 ounces of gold sales have been hedged evenly over the next 12 months. The floor price of the monthly gold collars has been set at $1,400/oz with the ceiling price of the collars ranging from $1,666/oz in September 2019 to $1,768/oz in August 2020.

Canasil Reviews Drill-Ready Silver-Gold-Base Metal Projects in Durango and Zacatecas States, Mexico

190822 NR Review of Mexico Silver Projects Final

Vancouver, August 22, 2019 – Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) is reviewing plans for renewed exploration on four 100%-owned drill ready silver-gold-base metal projects located in the “Mexican Silver Belt” within Durango and Zacatecas States, Mexico. These projects are all located on this highly prospective mineral trend that hosts a number of major silver-gold mines and deposits. Two of the projects, La Esperanza and Salamandra have had extensive previous exploration, including drilling that returned intervals of high-grade silver-gold and base metal (detailed below), defining zones that are open for expansion. Two other projects, Nora and Vizcaino, are high-grade silver-gold epithermal vein targets where surface sampling has defined drill targets for testing. An overview of these projects is presented below for reference.

Avino Announces Restricted Share Unit and Option Grant


Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American; GV6: FSE;
“Avino” or “the Company”) Avino has upon the recommendations of its Compensation Committee, granted an aggregate of 526,000 incentive stock options (the “Stock Options”) under its Stock Option Plan, and 1,730,500 Restricted Share Units (“RSUs”) under the Restricted Share Unit Plan to its directors, officers, employees and consultants. Both the Stock Option Plan and Restricted Share Unit Plan have been previously approved by shareholders, and no further approval from shareholders is required for these grants.

Minaurum Drills More High-Grade at Alamos: Including 3.8m of 415 g/t Silver, 2.68 g/t Gold, and 16.75% Base Metals


Minaurum Gold Inc., (“Minaurum”) is pleased to announce further results from its ongoing first stage drill program at its Alamos Silver project in Sonora, Mexico.  Over twenty vein systems have been identified at Alamos and with these latest results Minaurum has now tested 14 of these known systems. The initial focus has been on drilling several holes into each vein to determine the extent of the district and to generate a prioritized inventory for subsequent systematic drilling. Several holes were dedicated to finding wide zones within the major known veins.

SilverCrest Announces Receipt of General Explosives Permit and Water Rights; Finalizes Ownership in Mining Concessions for Las Chispas


VANCOUVER, BC – August 22, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has received approval from the Secretaria de la Defensa Nacional (“SEDENA”) for the operational storage and use of explosives (the “General Explosives Permit”) at the Las Chispas Project (“Las Chispas”) in Sonora State, Mexico. Prior to receiving the General Explosives Permit, the Company held a temporary explosives permit for construction until late June 2019. The General Explosives Permit is valid for the Life-Of-Project while exploring, developing or potentially producing and is subject to various standard purchase, consumption, reporting and safety provisions. The receipt of this permit allows SilverCrest to further advance underground exploration for the Babicanora Vein in both the Santa Rosa Decline and Babicanora Historic Adit. SilverCrest has also acquired local water rights for Las Chispas, which are transferrable to a more efficiently located operational well(s) at the Company’s discretion. The Company is also pleased to announce that it has exercised its last outstanding option agreement to fully acquire the remaining four of the 28 concessions at Las Chispas, thereby obtaining 100% ownership in all Las Chispas mining concessions containing vein mineral resources.