Month: April 2021

GR Silver Mining Announces $8 Million Bought Deal Financing

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GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – announces that it has entered into an agreement with Beacon Securities Limited (the “Lead Underwriter“), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 13,600,000 units (“Units“) at a price of $0.59 per Unit (the “Issue Price“) for aggregate gross proceeds to the Company of $8,024,000 (the “Offering“).  Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant“).  Each Warrant will be exercisable to acquire one common share for a period of 24 months following closing of the Offering at an exercise price of $0.74 per share. read more

Stratabound Announces Commencement of Trading on U.S. OTCQB Market

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info

Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) (“Stratabound” or the “Company”) is pleased to announce it has qualified for and has commenced trading of its common shares on the OTCQB Venture Market in the United States under the symbol “SBMIF”. The Company’s continued listing on the TSXV under the “SB” symbol is now further enhanced by the visibility and larger global presence through ease of access to U.S. investors. read more

Etruscus Outlines Prospective “Red Line” in Large Mineralized “Lightning Strike” Corridor at Rock & Roll

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C.ETR, Etruscus Resources, gold, BC

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce the emergence of a 10 km by 2 km highly prospective corridor known as “Lightning Strike” in the northwest portion of its expanded Rock & Roll claims, 13 km northwest of the Company’s Black Dog VMS deposit. read more

First Mining Enters into Partnership to Advance Hope Brook Gold Project in Newfoundland

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First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce it has entered into a definitive agreement (the “Agreement”) with Big Ridge Gold Corp. (“Big Ridge”) (TSX-V:BRAU) whereby Big Ridge may earn up to an 80% interest in First Mining’s Hope Brook Gold Project (“Hope Brook” or the “Project”) located in Newfoundland, Canada (the “Transaction”). read more

Tocvan Samples 4.5 g/t Au and 735 g/t Ag in channel sample at New Triple Vein Zone. Sampling at 4 Trench Extension returns 19.9 g/t Au in channel sample

Results from Surface Exploration Confirm Mapping, Define New Broad Target Areas at Pilar.
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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE: TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to report results from surface exploration at its flagship Pilar Gold-Silver Project. The aim of the program was to advance key targets with no previous mapping or detailed sampling to drill ready status for a Phase II drill program scheduled to begin in April. A total of 207 rock chip samples were collected covering the entire property (Figure 1). Sampling at the new Triple Vein Zone target has returned anomalous values over a 400-meter strike length, highlighted by 4.5 g/t Au with 735 g/t Ag and 4.3 g/t Au with 96 g/t Ag. Sampling along the 4 Trench Extension returned anomalous values over a 600-meter trend highlighted by 19.9 g/t Au with 8 g/t Ag and 5.1 g/t Au with 142 g/t Ag. read more

GR Silver Completes Acquisition of 100% of Marlin Gold, Including its Past-Producing La Trinidad Mine and Extensive Concession Portfolio in the Rosario Mining District

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Figure 1 Location of Acquired Oro Gold Concessions (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – Further to its news release of February 1, 2021 the Company is pleased to announce it has now completed the acquisition of 100% of Marlin Gold Mining Ltd. (“Marlin”) from Mako Mining Corp. (“Mako“). Marlin owns 100% of Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company, that owns the past-producer La Trinidad open pit Au mine (“La Trinidad“), that ceased operating in 2019, and 12 highly prospective concessions totalling 107,392.5 ha located adjacent to GR Silver’s existing portfolio of properties. This gives the Company control of 75 km of prospective trend with known mineralization including three zones and over 24 shallow gold-silver old workings, which are all strategically located on the western edge of the prolific Sierra Madre Occidental gold-silver belt in Sinaloa, Mexico (Figure 1). read more