Golden Predator To Sell 100% of the 3 Aces Project to Seabridge Gold For $4MM+ and Royalty and Contingent Payments

Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) announced today that it has entered into an agreement with Seabridge Gold Corp. for the sale of a 100% interest in the 3 Aces gold project located in Canada’s Yukon, for 300,000 Seabridge common shares, contingent future cash payments totaling $2.25 million and a 0.5% net smelter return royalty on the entire 3 Aces gold project.  The arrangement includes an immediate cash payment to Golden Predator of $263,000 for reimbursement of previously incurred expenses.  Closing of the transaction is subject to completion of due diligence by Seabridge and the approval of the applicable stock exchanges. read more

GR Silver Mining Closes Acquisition of the Plomosas Silver Project

V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Landsat Image of Plomosas Silver Project – Known Veins – Mineralized Structures (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSLFRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – further to its news release of March 2, 2020, the Company is pleased to announce that it has now completed the acquisition of the Plomosas Silver Project (“Plomosas Project“) from First Majestic Silver Corp. (NYSE: AG,TSX: FR, FRANKFURT: FMV) (“First Majestic“). read more