Au

Discovery Intercepts 661 g/t AgEq over 18 m and 265 g/t AgEq over 39 m Outside Current Resource at Cordero

Retrieved on: 
Wednesday, July 13, 2022

Samples are analyzed for gold using standard Fire Assay-AAS techniques (Au-AA24) from a 50g pulp.

Key Points: 
  • Samples are analyzed for gold using standard Fire Assay-AAS techniques (Au-AA24) from a 50g pulp.
  • TECHNICAL NOTES & FORWARD-LOOKING STATEMENTS:
    The most recent technical report for the Cordero Project is the 2021 Preliminary Economic Assessment (PEA).
  • The full technical report supporting the PEA is available on Discoverys website and on SEDAR under Discovery Silver Corp.
  • Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.

GSilver to Acquire 100% of Great Panther’s Mexican Mining Assets

Retrieved on: 
Thursday, June 30, 2022

VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR) is pleased to announce that it has signed a binding definitive agreement with Great Panther Mining Ltd. ("Great Panther") (TSX:GPR) to acquire all of Great Panther’s Mexican assets through the purchase of Great Panther’s Mexican subsidiary, Minera Mexicana Rosario S.A. de C.V. (“MMR”), including the producing Topia mine and production facility, the San Ignacio mine, the Guanajuato Mine Complex (“GMC”) and the Cata processing plant (the “MMR Acquisition”). GSilver will henceforth refer to GMC as the Valenciana mine (“Valenciana”).

Key Points: 
  • Purchase of the Great Panther MMR Assets:
    The Company has signed a binding definitive agreement with Great Panther (the "GP Agreement") to acquire 100% of the shares of Great Panthers Mexican subsidiary, MMR.
  • The Great Panther Mexican assets fit well into our plan to expand precious metals production in central Mexico.
  • Additionally, the integration of the GSilver mining claims with the claims of Great Panther will open new exploration possibilities in the district that were not possible before this transaction.
  • GSilver has also agreed to pay Great Panther up to an additional US$2.0M in contingent payments based on the following:
    US$500,000 upon GSilver producing 2,500,000 ounces of silver from the purchased MMR assets.

FREEMAN GOLD ANNOUNCES RESULTS OF SHAREHOLDER MEETING AND AWARDS OF RESTRICTED SHARE UNITS

Retrieved on: 
Friday, June 24, 2022

In addition, an aggregate of 150,000 restricted share units were awarded, subject to the terms and conditions of the RSU Plan, to the independent directors of the Company.

Key Points: 
  • In addition, an aggregate of 150,000 restricted share units were awarded, subject to the terms and conditions of the RSU Plan, to the independent directors of the Company.
  • Freeman Gold Corp. is a mineral exploration company focused on the development of its 100% owned Lemhi Gold property (the "Project").
  • The Project comprises 30 square kilometres of highly prospective land, hosting a near-surface oxide gold resource.
  • Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties, and assumptions.

FREEMAN GOLD AWARDED MINING WATER RIGHTS FOR LEMHI

Retrieved on: 
Tuesday, June 7, 2022

75-15005

Key Points: 
  • 75-15005
    VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Freeman Gold Corp. (TSXV: FMAN) (OTCQX: FMANF) (FSE: 3WU) ("Freeman" or the "Company") is pleased to report it has received approval of a Permit to Appropriate Water ("Water Rights").
  • Freeman's Water Rights are the only registered groundwater right in the Lemhi Gold Deposit's basin.
  • "The approval is another key component of the development of the Lemhi Gold Deposit," stated Will Randall, CEO of Freeman.
  • "These Water Rights concede Freeman the ability to use up to 0.54 cubic feet per second of water for a gold mining operation from aquifers that do not have any other conceded water permits.

Discovery Reports Q1 2022 Financial Results and Update

Retrieved on: 
Friday, May 27, 2022

On Behalf of the Board of Directors,

Key Points: 
  • On Behalf of the Board of Directors,
    Drill results: all drill results in this news release are rounded.
  • Widths are drilled widths, not true widths, as a full interpretation of the actual orientation of mineralization is not complete.
  • AgEq calculations for reported drill results are based on USD $22.00/oz Ag, $1,600/oz Au, $1.00/lb Pb, $1.20/lb Zn.
  • Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.

KORE MINING INCREASES SCALE OF WESTERN MESQUITE-IMPERIAL-PICACHO TARGET AREAS WITH NEW ASSAYS

Retrieved on: 
Tuesday, May 17, 2022

KORE has defined five prospect areas for the exploration areas west of Imperial towards the Mesquite gold mine ("Mesquite") owned by Equinox Gold (TSX: EQX).

Key Points: 
  • KORE has defined five prospect areas for the exploration areas west of Imperial towards the Mesquite gold mine ("Mesquite") owned by Equinox Gold (TSX: EQX).
  • The four target areas east of Mesquite are described in KORE's news release from April 26, 2022 .
  • Figure 1shows the geologic map of the Powerline and Ogilby target areas, the locations of associated prospects, and anomalous gold assays from stream sediment and rock chip sampling.
  • Figure 2shows the georeferenced induced polarization ("IP") geophysics sections intersecting the Powerline and Ogilby target areas, and mentioned subsurface anomalies.

Discovery Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m Below the PEA Open Pit at Cordero

Retrieved on: 
Friday, May 13, 2022

Samples are analyzed for gold using standard Fire Assay-AAS techniques (Au-AA24) from a 50g pulp.

Key Points: 
  • Samples are analyzed for gold using standard Fire Assay-AAS techniques (Au-AA24) from a 50g pulp.
  • TECHNICAL NOTES & FORWARD-LOOKING STATEMENTS:
    The most recent technical report for the Cordero Project is the 2021 Preliminary Economic Assessment (PEA).
  • The full technical report supporting the PEA is available on Discoverys website and on SEDAR under Discovery Silver Corp.
  • Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.

Discovery Reports Q4 2021 Financial Results and Update

Retrieved on: 
Thursday, April 28, 2022

TORONTO, April 28, 2022 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (Discovery or the Company) is pleased to announce its financial results for the fourth quarter (Q4 2021) and year ended December 31, 2021, and to provide a summary of key events for the quarter and subsequent to year-end.

Key Points: 
  • TORONTO, April 28, 2022 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (Discovery or the Company) is pleased to announce its financial results for the fourth quarter (Q4 2021) and year ended December 31, 2021, and to provide a summary of key events for the quarter and subsequent to year-end.
  • Further details on the PEA results can be found in our news release dated November 30, 2021.
  • Subsequent to the year ended December 31, 2021, we announced two sets of drill results from our ongoing Phase 2 drill program.
  • Supporting Technical Disclosure for drill results can be found at the end of this release
    The following selected financial data is summarized from the Companys consolidated financial statements and related notes thereto (the Financial Statements) for the year ended December 31, 2021, and the Managements Discussion and Analysis (MD&A) for the year ended December 31, 2021.

OROCO CONTINUES ITS DRILLING SUCCESS

Retrieved on: 
Wednesday, April 20, 2022

Importantly, in the southern area of the North Zone, drilling (N008 and N010) has intersected increasing widths of mineralization.

Key Points: 
  • Importantly, in the southern area of the North Zone, drilling (N008 and N010) has intersected increasing widths of mineralization.
  • Recent drilling has begun to test these extensions, and assays are pending.
  • Drilling confirms that the North Zone comprises intensely fractured, potassic- and phyllic-altered andesite volcanics and Laramide-age porphyritic intrusive dikes.
  • Oroco does not assume any obligation to update the forward-looking statements should they change, except as required by law.

DGAP-News: Hot Chili Delivers Next Level of Growth

Retrieved on: 
Friday, April 1, 2022

Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQB: HHLKF) ('Hot Chili' or 'Company') is pleased to announce a major resource upgrade for its coastal range, Costa Fuego copper-gold project in Chile.

Key Points: 
  • Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQB: HHLKF) ('Hot Chili' or 'Company') is pleased to announce a major resource upgrade for its coastal range, Costa Fuego copper-gold project in Chile.
  • The maiden resource estimate utilised an underground drone survey (increasing the spatial confidence of historic mining activities) and 4,922 metres of drilling undertaken by Hot Chili in 2018.
  • In 2018, Hot Chili completed 4,922m of first-pass RC drilling at San Antonio, confirming significant extensions to the high grade underground mine.
  • Ms Haren is a full-time employee of Haren Consulting Pty Ltd and an independent consultant to Hot Chili.