Month: February 2021

GR Silver Mining Reports Underground and Surface Drilling Results in the Plomosas Mine Area

MotherlodeTV
Figure 1: Location Map – 3D Image of the Plomosas Mine Area Drilling Location (CNW Group/GR Silver Mining Ltd.)
  • 8.6 m @ 6.50g/t Au, 79 g/t Ag, 0.7 % Pb, 5.8 % Zn (928 g/t AgEq1)
  • 5.4 m @ 9.06 g/t Au, 76 g/t Ag, 1.5 % Pb, 4.6 % Zn (1,181 g/t AgEq)
  • 0.7 m @ 19.95 g/t Au, 227 g/t Ag, 1.3 % Pb, 4.7 % Zn and 1.0 % Cu (2,507 g/t AgEq)
  • 61.1 m @ 0.4 g/t Au, 30 g/t Ag, 0.9 % Pb, 1.1 % Zn and 0.2 % Cu (144 g/t AgEq)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results from the underground and surface drilling program in the Plomosas Mine Area, as well as sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

Unglaciated: Etruscus Resources reveals new ground in BC’s Golden Triangle

JayCurrie
ETR.C, Etruscus Resources, gold, silver, BC

There is an old real estate joke: buy land, they are not making it anymore. Or are they? Gordon Lam and his team at Etruscus (ETR.C) have recently reported some results from their 2020 summer exploration program at the Eskay Camp in BC’s resource-rich Golden Triangle. Excellent grab samples with grades as high as 7,013 g/t silver, 12.7 g/t gold, 3.9% zinc, 2.4% lead, and 0.2% copper. read more

Stratabound Reports Latest Drill Results on Golden Culvert, Yukon Territory

MotherlodeTV
Cannot view this image? Visit: https://i2.wp.com/orders.newsfilecorp.com/files/4064/73392_da80a64dd4336b01_002.jpg?w=570&ssl=1
  • Drilling extended 200 meters beyond the 430 meters of strike drilled previously
  • Four parallel gold-mineralized zones intercepted in the northern portion of a +30-ppb gold-in-soil anomaly featuring:
    • High grade mineralized quartz vein and breccia core structures yielding up to 4.83 g/t gold across 1.5m down the hole,
    • Broad zones of lower-grade mineralized wall-rock yielding up to 0.30 g/t gold over 24.5m flanking and inclusive of the higher-grade core structures.

    Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (“Stratabound” or the “Company”) reports it has received complete assay results for the first six of seventeen drill holes completed on the Phase 2 diamond drilling program concluded late last fall at its flagship Golden Culvert Project in the southeastern Yukon Territory. read more

Clean Air Metals Announces $10 Million Bought Deal Private Placement

MotherlodeTV

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of underwriters (collectively, the “Underwriters“), in connection with a bought deal private placement financing (the “Offering“) for total proceeds of $10 million, consisting (i) 11,904,800 flow-through shares (“FT Shares“) at a price of $0.42 per FT Share (the “FT Share Issue Price”) and  (ii) 9,804,000  flow-through units (the “FT Units, and together with the FT Shares, the “Offered Securities“) at a price of $0.51 per FT Unit (the “FT Unit Issue Price”). read more

GR Silver Mining Signs Definitive Binding Agreement with Mako to Acquire Marlin Gold Mining Ltd.

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1 – Location Map – GR Silver Mining Ltd. Portfolio and Potential Acquisition (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR  Silver” or the “Company”) announces that further to its news releases dated December 17, 2019 and December 29, 2020, the Company and Mako Mining Corp. (“Mako” “MakoMiningCorp“) have now signed a definitive binding Share Purchase Agreement (the “Agreement“) pursuant to which the Company will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. (“Marlin“) from Mako.  Marlin is a private British Columbia company, 100% owned by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad“), currently being decommissioned. Oro Gold also controls 100% of nine concessions totaling 104,094.5 ha (the “Properties“) located adjacent to GR Silver’s existing portfolio of properties, hosting a number of known silver gold showings, and porphyry igneous intrusions that are of strong exploration interest to the Company for future drilling. (Figure 1). read more