Month: November 2021

Tocvan Announces Start of Exploration at Pilar and Updates on Financing

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (WKN:TV3/A2PE64) (“Tocvan” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced
non-brokered private placement of units (“Units”) for gross proceeds of $471,225.00 (the “Offering”).  The Offering consisted of the issuance of an aggregate of 471,225 Units at a price of $1.00 per Unit.  Each Unit consists of one common share (“Common Share”) in the capital of the Company and one-half common share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $1.50, for a period of 24 months from the closing of the Offering. read more

GR Silver Mining Announces Discovery of Mineralized Veins at the Plomosas Project – Loma Dorada Target including: 1.0m at 5.23 g/t Au and 166 g/t Ag

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Figure 1: Location of the Loma Dorada Target to the NNW of the San Juan Area (drone image) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Location of the Loma Dorada Target to the NNW of the San Juan Area (drone image) (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces the discovery of a gold-silver rich mineralized zone and the presence of narrow epithermal veining resulting from the initial reconnaissance drilling at Loma Dorada, within the Company’s Plomosas Project, in Sinaloa State, Mexico. read more

Renforth Completes Trenching Program at Victoria West, Exposing Continuous Nickel, Cobalt, Copper and Zinc Over the Entire 275m Stripped

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Renforth Resources

Renforth Resources Inc. (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to share the success of our stripping program on our Victoria West Battery Metals system where we exposed nickel, cobalt, copper and zinc over the entire ~275m which was trenched, located between mineralized drill holes from our recently announced 2.2km drilled strike length, with each of those holes intersecting battery metals. read more

Cartier Iron Provides Update on Diamond Drilling Program on the Low Sulphidation Gold-Silver Epithermal System at Big Easy, Newfoundland

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to provide an update on its diamond drilling program at its wholly owned Big Easy property located near Clarenville in eastern Newfoundland. As previously announced (see press release September 21, 2021) the 10,000m drill program will test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. read more

Grid Metals Corp. Announces Terms for CAD $6.3 Million Funding Agreement with Lithium Royalty Corp.

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Grid Metals, GRDM.V

GRID METALS CORP. (TSXV:GRDM)(OTCQB:MSMGF) (“Grid” or the “Company”) today announced it has entered into a term sheet with Lithium Royalty Corp. ( “LRC”) ( a leading pure play battery royalty and streaming company ) to finance its lithium assets in Manitoba and Ontario. The closing of the transaction outlined in the term sheet will be subject to final due diligence of LRC and documentation. Upon closing Grid will receive 1) proceeds US$1.25 Million from the sale of a 25% interest in its lithium projects, 2) US$2.25 million from the grant of project royalties on its lithium assets and 3) C$ 1,650,356 from completion of a private placement from LRC with all proceeds advanced to Grid at closing. Total funding to Grid in CAD $ equivalent is approximately CAD $ 6.3 million. The transaction also envisions the creation of a lithium focused spin-out company. read more