Day: December 14, 2021

Tocvan Closes Unit Private Placement

MotherlodeTV
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 the second tranche of its previously announced
non-brokered private placement of units (“Units”) for gross proceeds of $266,000 (the “Offering”).  The Offering consisted of the issuance of an aggregate of 266,000 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

Black Mountain Gold USA Corp. Reports Results of Induced Polarization Survey at its Mohave Gold Project, Arizona

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Black Mountain
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Black Mountain Gold USA Corp. (TSXV: BMG) (“BMG” or the “Company”) is pleased to announce that it has received the results of the Induced Polarization (IP) survey completed by Geofisica TMC S.A. de C.V. (“TMC”) at its Mohave Gold Project in Mohave County, Arizona. The survey was comprised of 19 north-south lines varying from 1.17 km to 2.25 km in length for a total of approximately 38 line km. The survey focussed on the northern half of the Mohave Gold Project and covered approximately 3.7 km2 over the main gold-bearing prospects and historical mining areas on the property. Preliminary interpretations of the data indicate that most historic prospects are situated along the margin of a moderate chargeability anomaly which at depth extends under several prospects suggesting potential to extend known gold mineralization below the oxide zone. read more