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Marcio Fonseca wears two hats, ten years of investment banking with Macquarie Bank, but trained as an exploration/project/resource geologist. His company, Goldplay (V.GPLY) uses his investment banking know-how to finance what is clearly his real passion, the discovery of high-grade mineral deposits.
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that the Company has granted 1,370,000 stock options to directors, officers, and consultants of the company at an exercise price of $0.185 per option for a term of five years. Such options have been granted pursuant to the company’s 10-per-cent rolling stock option plan and are in accordance with TSX Venture Exchange policies.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce its maiden drilling results at the Nava Gold Target (“Nava”) within the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico. The drill program tested the new epithermal-style vein system encountered in the Company’s 2019 surface exploration near the west end of the 1.5 km long San Marcial mineralized corridor (Figure 1). Four diamond drill holes were completed, two in each of the main vein prospects exposed by artisanal workings (Figure 2). Assay results from the Nava diamond drill program are shown in Table 1.
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce it has signed a Letter of Intent (the “Agreement”) with a private arm’s-length Bolivian-based corporation (the “Title Holder”), granting Eloro an option to acquire up to a 100% interest in the Iska Iska Polymetallic Property (“Iska Iska” or the “Property”), consisting of one mineral concession totalling 900 hectares. The Property is located in a world-class polymetallic mining district in the Potosi Department in the southern half of the Bolivian tin belt, which hosts the largest silver deposit in the world, the Cerro Rico de Potosi, and the polymetallic mining districts of Chorolque, Animas, Choroma, Siete Suyos, Chocaya and Tasna, situated in the same geological trend.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) announces that it has engaged Pollitt & Co Inc. (the “Agent“) to sell, by way of a private placement on a “best efforts” basis, up to 12,500,000 common shares of the Company (the “Shares“) at a price of $0.20 per Share (the “Issue Price“) for gross proceeds of up to $2,500,000 (the “Offering“), subject to receipt of all applicable regulatory approvals.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that encouraging results in both silver (Ag) and gold (Au) have been received from the San Marcial Project, in Sinaloa State, Mexico.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company“) announces that it will make its first issuance of shares to a contractor it engaged under the shares for services drilling contract previously announced on May 16, 2019. Under this issuance, the Company will issue 824,376 common shares at a deemed price of $0.20/share for services valued at $164,875.24. These shares are subject to a hold period expiring January 21, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that additional high-grade silver (Ag) has been encountered in a re-opened old adit, or tunnel, at the Faisanes target (Figure 1) on the edge of the NI 43-101 silver resource area at the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico, as announced in February this year (see News Release dated 7 February 2019).
The junior exploration business in Canada follows a fairly predictable pattern: deploy drills as early in spring as the local climate allows, drill through the summer, begin reporting drill results in mid to late August and continue through until November.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce the continued growth in gold discovery potential at the Company’s San Marcial Project, Sinaloa, Mexico, with an update of the most recent surface results and newly discovered gold-silver exploration drill targets.