Month: April 2020

Eloro Resources Ltd. Files NI 43-101 Technical Report by Micon on the Iska Iska Polymetallic Property, Potosi Department, Southern Bolivia

MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce that the Company has filed on SEDAR an independent technical report (“Report”) by Micon International Limited (“Micon”), prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). This report, authored by Messrs. Charley Murahwi, P.Geo., Pr. Sci. Nat., FAusIMM and Richard Gowans, P.Eng., of Micon, supports Eloro’s planned exploration program at the Iska Iska polymetallic epithermal-porphyry project (“Iska Iska” or the “Project”), in the Potosí Department, southern Bolivia by Minera Tupiza S.R.L., Eloro’s wholly-owned Bolivian subsidiary. The Report will also be posted on the Company’s website, www.elororesources.com. read more

Golden Predator Mining Corp Announces Increase to Marketed Offering And Files Amended And Restated Short Form Prospectus

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator” or the “Company”) announces that due to strong demand it has agreed with Clarus Securities Inc. (“Clarus”) to increase the previously announced (GP NR dated April 21, 2020) marketed offering from 10,000,000 units (“Units”) to 11,200,000 Units (the “Offering”).  The offering price of C$0.25 per Unit remains unchanged.  The Company has filed an amended and restated preliminary short form prospectus, which amends and restates the preliminary short form prospectus filed on April 20, 2019. read more

GR Silver Mining Identifies Additional High-Grade Drill Results at Plomosas

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Cross Section - Drill Hole Collar Locations and Geology – Mineralized Structures (Plomosas Mine Area), View North (CNW Group/GR Silver Mining Ltd.)
Figure 1: Cross Section – Drill Hole Collar Locations and Geology – Mineralized Structures (Plomosas Mine Area), View North (CNW Group/GR Silver Mining Ltd.)
  • 1.7 m at 26.9 gpt Au
  • 3.0 m at 11.9 gpt Au
  • 51.4 m at 6.0 % Zn and 4.8% Pb
  • 13.6 m at 15.5% Zn, 15.7%Pb, 1.9 gpt Au and 65 gpt Ag

VANCOUVER, April 23, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver Mining” or the “Company”) – is pleased to announce that it has identified more high-grade drill results at Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. The latest results are located in the Plomosas Mine Area, one of six priority areas with a combination of recent (2016 to 2018) and historical drilling data being released by the Company (See Drone Image). The most significant drill hole results for this release include the following: read more

Golden Predator Mining Corp. Announces Proposed Marketed Financing

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

VANCOUVER, British Columbia, April 21, 2020 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator” or the “Company”) announces that it has filed a preliminary short form prospectus (the “Prospectus”) with respect to a marketed offering (the “Offering”) of 10,000,000 units (“Units”) at a price of C$0.25 per Unit (the “Issue Price”).  Each Unit consists of one Class A common share (a “Common Share”) of the Company and one-half of one Common Share purchase warrant, with each whole warrant (a “Warrant”) exercisable for one Common Share at an exercise price of C$0.35 for 36 months following the completion of the Offering.  Warrants are subject to acceleration of the expiry date to 30 calendar days upon notice provided to the warrant-holder by the Company in the event that the volume weighted average price of the Common Shares is equal to or higher than $0.75 for a period of 5 consecutive trading days on the TSX Venture Exchange or other Canadian stock exchange on which the Common Shares are principally traded. read more

Yukon Mint™ Extends 2020 ‘MY YUKON’ Gold Coin Design Contest Deadline to June 1, 2020

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

The Yukon Mint™ Corporation (Yukon Mint™) announces that due to Covid-19 the deadline for its Yukon-wide gold coin design contest has been extended to June 1, 2020.  The contest is open to all current Yukon residents and offers Yukoners the opportunity to interpret the Yukon culture, history and the land by presenting a design that will be presented on the 2020 Yukon gold coin. The Yukon Mint also wishes to advise the 2018 and 2019 gold coin inventory is sold out due to strong demand. The Yukon Mint looks forward to producing additional gold coins in 2020 as part of the ongoing ‘MY YUKON’ contest. read more

Deepest Gold Zone Intersected to Date at Renforth’s Wholly Owned New Alger Gold Property in Mine Vein #3

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec
  • Deepest gold mineralization drilled to date at New Alger in REN-20-40 which intersected 6.3m of 1.46 g/t Au in the #3 vein at a vertical depth of 410m
  • Mine area veins exhibit high grade nugget effect again, with the most recent interval obtained of 32.33 g/t Au over 0.4m in REN-20-39
  • Mine area veins also continue to display the “halo” effect unique to the mineralization at New Alger, where alteration with a generally lower grade of gold adds width to the zone, such as REN-20-39 where Vein #1 intersected 0.71 g/t Au over a width of 17.4m, including 3.5m within this interval which graded 1.23 g/t Au.

PICKERING, ON / ACCESSWIRE / April 15, 2020 / Renforth Resources Inc. (CSE:RFR)(OTCPINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to announce results from the final three holes drilled at New Alger in February/March 2020, each of which intersected gold as anticipated in the mine area veins. This successful campaign resulted in deeper pierce points than the bulk of the previous drilling at New Alger, extending the mine area veins down dip. The mine area veins are hosted within the Piché volcanics, on the south side of the Cadillac Break. The entire mineralized system, which strikes for approximately 1.4kms on the New Alger property, is open at depth. The Cadillac Mining Camp is regarded as “essentially unexplored beyond a depth of 400 metres. The gold potential of this considerable volume of rock remains to be confirmed”, as published in The deep-seated gold potential of the Cadillac Mining Camp published in PRO 2005-02 by Géologie Quebec. This statement holds true for Renforth’s New Alger property and provides management with focus. read more

Further Drilling Extends Oxide Gold Mineralization to 3.5 km of Strike at Golden Predator’s Brewery Creek Mine

Results include 15.4 m of 3.3 g/t Gold at Lucky Zone – New resource estimate in process
MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports that all of the final 15 holes in its 2019 drill program at its 100% owned and licensed Brewery Creek Mine project encountered significant gold grades. The drilling successfully tested an additional 1,000 m of the Reserve Trend for both near surface oxide mineralization and the continuation of mineralization down dip within structural zones below the historically mined pits. The holes released today also confirm additional high-grade mineralization in the eastern portion of the Lucky resource area. read more