Eloro Resources Announces C$12,900,000 Bought Deal Financing

Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. to act as co-lead underwriter and sole bookrunner, and Cormark Securities Inc. to act as co-lead underwriter (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 3,440,000 units (the “Units”) at a price of C$3.75 per Unit (the “Issue Price”) for gross proceeds to the Company of C$12,900,000 (the “Offering”). read more

CBLT Closes on Shatford Lake

CBLT.v, gold
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CBLT Inc. (TSXV: CBLT) (“CBLT”) announces it has closed on its previously announced purchase of the Shatford Lake property from an arm’s length vendor. CBLT is making plans to substantially advance exploration in 2021 at Shatford Lake, which management believes to be highly prospective for lithium. read more

First Mining Options Land Package Near Springpole Gold Project, Canada

Plan map showing the Swain Post Property and the Springpole Gold Project (CNW Group/First Mining Gold Corp.)

First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that the Company has entered into a 3-year option agreement with Exiro Minerals Corp. (“Exiro”) pursuant to which First Mining may earn a 100% interest in Exiro’s Swain Post property in northwestern Ontario through future cash and share payments to Exiro during the term of the option, and by completing all assessment work requirements on the property during the option term. The Swain Post property comprises 237 single cell mining claims covering nearly 5,000 hectares. It is located approximately 20 km west of the Springpole Gold Project (“Springpole”) and approximately 5 km west of First Mining’s western-most property boundary at Springpole. read more

NexGen Announces C$150 Million Bought Deal Financing

T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE:NXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Canaccord Genuity Corp. and under which the underwriters have agreed to buy on a bought deal basis 33,400,000 common shares of the Company (the “Common Shares”) at a price of C$4.50 per Common Share (the “Offering Price”) for gross proceeds of approximately C$150 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the Offering Price for a period of 30 days following the closing of the Offering, to purchase up to an additional 5,010,000 Common Shares to cover over-allotments, if any. The Offering is expected to close on or about March 11, 2021 and is subject to the Company receiving all necessary regulatory approvals. read more

Gran Colombia Gold Provides Exploration Update for Its Segovia Operations

Announces multiple high-grade gold and silver intercepts from the initial drill holes at its Vera brownfield target.Plans to drill 60,000 meters at its Segovia Operations in 2021 at an estimated total cost of approximately US$14 million

Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that the first eight step-out diamond drill holes at the Vera brownfield target in its Segovia mining title have resulted in multiple high-grade gold and silver intercepts, including: read more

Eloro Resources Continues to See Long Intercepts of Polymetallic Mineralization at the Santa Barbara Breccia Pipe, Potosi Department, Southern Bolivia

Mineralization in adjacent Central Breccia Pipe appears to have affinity with a tin porphyry

Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further diamond drill results from its Iska Iska Silver-Polymetallic Project in Potosi Department, southern Bolivia. To date, Eloro has completed 22 holes totalling 7,185 metres from both underground (12) and surface drill holes (10). Currently a steeply inclined deep hole, DSB-06, is in progress to test the Santa Barbara Breccia Pipe (“SBBP”) at depth. This release reports results from the last two underground holes (DHK-16 and DHK-17) and the first radial surface hole from SBBP (DSB-01). Results from the first deep radial hole, DSB-02, are delayed for reasons discussed below. read more

Gran Colombia Announces Acquisition of Approximately 36% Equity Interest in Denarius Silver Corp.

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia”) announced today that it has acquired 33,666,666 common shares (“Common Shares”) of Denarius Silver Corp. (formerly ESV Resources Ltd.) (“Denarius” or the “Issuer”) (TSX-V: DSLV) in connection with the completion of the Reverse Takeover Transaction, as more particularly described below. read more