OTC-PINK:MSLVF

MANTARO PRECIOUS METALS CORP. ANNOUNCES TERMINATION OF OPTION AGREEMENT ON GOLDEN HILL PROPERTY AND RESIGNATION OF DIRECTOR

Retrieved on: 
Monday, August 28, 2023

Under the terms of the Option Agreement, the Company had the right to earn up to an 80% interest in the Golden Hill Property.

Key Points: 
  • Under the terms of the Option Agreement, the Company had the right to earn up to an 80% interest in the Golden Hill Property.
  • Concurrent with the delivery of the notice of termination, Mr. Kinn Cortez also resigned as a director of the Company.
  • Darren Hazelwood, Chief Executive Officer of the Company states "The current junior capital markets made it difficult to raise the capital necessary to meet the cash payments due under our Golden Hill property option agreement.
  • Under the Option Agreement, the Company will retain a 2% net smelter royalty on the Golden Hill Property, which may be repurchased by MGH with a one-time payment of US $1,000,000.

MANTARO PRECIOUS METALS CORP. COMMENCES FOLLOW-UP TAILINGS SAMPLING AT GOLDEN HILL

Retrieved on: 
Wednesday, July 26, 2023

VANCOUVER, BC, July 26, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce the commencement of follow-up tailings sampling at the Golden Hill property ("Golden Hill").

Key Points: 
  • VANCOUVER, BC, July 26, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce the commencement of follow-up tailings sampling at the Golden Hill property ("Golden Hill").
  • Follow up sampling survey to provide base for resource estimation of approximately 600,000 tons of historical tailings.
  • Mantaro has begun a comprehensive follow-up tailings sampling campaign to categorically determine the gold content within the estimated 600,000 tons of historical tailings at Golden Hill.
  • The results of this tailings sampling campaign will serve as a crucial foundation for future decision-making regarding re processing strategies of tailing and potential resource expansion opportunities within Golden Hill."

MANTARO PRECIOUS METALS CORP. ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE AT GOLDEN HILL PROPERTY

Retrieved on: 
Friday, July 14, 2023

The estimate of Mineral Resources may be materially affected by environmental permitting, legal title, taxation, socio-

Key Points: 
  • The estimate of Mineral Resources may be materially affected by environmental permitting, legal title, taxation, socio-
    political, marketing or other relevant issues.
  • It is reasonably expected that the majority of the Inferred
    Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.
  • The Company will file the National Instrument 43-101 Technical Report that supports the disclosure of the Mineral Resource Estimate within 45 days of this news release.
  • Dr. Wilson is the Qualified Person for all technical information in this news release, excluding the Mineral Resource Estimate.

MANTARO PRECIOUS METALS CORP. ANNOUNCES RESULTS FROM PETROLOGICAL STUDY OF GOLDEN HILL DRILL CORE

Retrieved on: 
Wednesday, June 28, 2023

VANCOUVER, BC, June 28, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company" or "Mantaro") is pleased to report results from a petrographic study on drill core from the Company's maiden drill program at the Gold Hill gold deposit in Bolivia.

Key Points: 
  • VANCOUVER, BC, June 28, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company" or "Mantaro") is pleased to report results from a petrographic study on drill core from the Company's maiden drill program at the Gold Hill gold deposit in Bolivia.
  • Gold deposition at La Escarcha, including gold grades intercepted in the maiden drill program, is primary and not related to supergene effects.
  • A petrographic study was conducted on 32 drill core samples from the Company's maiden drill program at La Escarcha and Gabby.
  • The absence of supergene process in near-surface drill core intercepts at Golden Hill indicates that assay results reflect primary or hypogene grades — confirming the robust depth potential of the system.

MANTARO PRECIOUS METALS CORP. CLOSES ACQUISITION OF PROSPECTIVE BOLIVIAN PROPERTIES

Retrieved on: 
Tuesday, June 13, 2023

VANCOUVER, BC, June 13, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce that it has closed its acquisition of two highly prospective licenses, being the East Trend and Media Sur properties, in the San Ramon Greenstone belt in Bolivia.

Key Points: 
  • VANCOUVER, BC, June 13, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce that it has closed its acquisition of two highly prospective licenses, being the East Trend and Media Sur properties, in the San Ramon Greenstone belt in Bolivia.
  • In consideration of Merenti, the Company issued 2,000,000 common shares at a price of $0.05 per share for a deemed value of $100,000.
  • For greater certainty, the Maximum Amount applies to both properties and the Vendor is not entitled to the Maximum Amount for each mineral property.
  • East Trend is significantly underexplored, despite its highly prospective geological setting, which is analogous to known proximal gold mines and deposits.

MANTARO PRECIOUS METALS CORP. PROVIDES UPDATE ON RESOURCE ESTIMATE

Retrieved on: 
Wednesday, June 7, 2023

VANCOUVER, BC, June 6, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to provide an update as to the status of the maiden resource estimate at the Company's Golden Hill Property, Bolivia.

Key Points: 
  • VANCOUVER, BC, June 6, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to provide an update as to the status of the maiden resource estimate at the Company's Golden Hill Property, Bolivia.
  • Accordingly, the Company is targeting the mineral resource estimate to be completed this month of June 2023.
  • Mr. Morales-Ramirez has experience with gold mineralized bulk and vein-style gold systems from grass roots exploration through resource definition to prefeasibility study.
  • P&E has successfully completed over 350 geological and mine engineering consulting reports, mineral resource estimate technical reports, preliminary economic assessments, and pre-feasibility studies.

MANTARO PRECIOUS METALS CORP. COMPLETES DRILL PAD CONSTRUCTION AT SANTAS GLORIA AHEAD OF MAIDEN DRILL PROGRAM

Retrieved on: 
Friday, June 2, 2023

VANCOUVER, BC, June 2, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") ") is pleased to announce the completion of drill pad construction at the Santas Gloria Project ahead of its planned maiden 2500 meter drill program.

Key Points: 
  • VANCOUVER, BC, June 2, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") ") is pleased to announce the completion of drill pad construction at the Santas Gloria Project ahead of its planned maiden 2500 meter drill program.
  • Drill Pad Construction: Following the cessation of the wet season, the Company has constructed 10 drill pads at Santas Gloria.
  • 2500 m Diamond Drill Program: The Company has planned a 15 to 20 hole angled diamond drill program totaling 2500 meters subject to completion of a future financing.
  • Darren Hazelwood, Chief Executive Officer of the Company states, "After several months of extensive geologic work and preparation, the Mantaro team is excited to have completed drill pad construction leading up to its maiden 2,500-meter drill program on the Santas Gloria Property.

MANTARO PRECIOUS METALS CORP. TO ACQUIRE PROSPECTIVE BOLIVIAN PROPERTIES

Retrieved on: 
Tuesday, May 2, 2023

VANCOUVER, BC, May 2, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce it has entered into an agreement to acquire two highly prospective licenses, being the East Trend and Media Sur properties, in the San Ramon Greenstone belt in Bolivia.

Key Points: 
  • VANCOUVER, BC, May 2, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce it has entered into an agreement to acquire two highly prospective licenses, being the East Trend and Media Sur properties, in the San Ramon Greenstone belt in Bolivia.
  • Given the relative close proximity of these properties to Golden Hill, we can optimize exploration work across our portfolio of gold focused Bolivia properties.
  • The East Trend property is comprised of a total of 2,650 hectares and is located within the San Ramon gold producing district.
  • East Trend is significantly underexplored, despite its highly prospective geological setting, which is analogous to known proximal gold mines and deposits.

MANTARO PRECIOUS METALS CORP. PROVIDES CORPORATE UPDATE

Retrieved on: 
Wednesday, April 19, 2023

Tailings Study: The Company is currently exploring the option of re-processing the tailings on site or selling them to a third party.

Key Points: 
  • Tailings Study: The Company is currently exploring the option of re-processing the tailings on site or selling them to a third party.
  • Previously, the Company took sixteen samples each of 5 kg for metallurgical test-work (See news release dated December 2, 2021).
  • Drill Pad Construction: Following cessation of the wet season, the Company anticipates that it re-commence drill pad construction in May of 2023.
  • Golden Hill was mined historically for gold from alluvial drainages along a 6 km long trend within the concession.

MANTARO PRECIOUS METALS CORP. CLOSES PRIVATE PLACEMENT FINANCING

Retrieved on: 
Friday, March 17, 2023

VANCOUVER, BC, March 17, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce it has closed its previously announced non-brokered private placement (the "Offering").

Key Points: 
  • VANCOUVER, BC, March 17, 2023 /PRNewswire/ - MANTARO PRECIOUS METALS CORP. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) (the "Company") is pleased to announce it has closed its previously announced non-brokered private placement (the "Offering").
  • Under the Offering, a total of 7,307,400 units (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $365,370.
  • The securities issued under the Offering will be subject to restrictions on resale for a period of four months from the date of issue.
  • The proceeds of the Offering will be used for exploration at Santas Gloria silver property and general corporate purposes.