Day: May 27, 2022

Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered Private Placement and Shares for Services Agreement

MotherlodeTV
LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY) (OTC PINK:LKMNF), (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce a non-brokered private placement (the “Offering“) of up to 33,000,000 units (“the Units“) for gross proceeds of up to approximately CDN $1.848 million. Investors in the Offering include Michael Gentile, CFA who as a result of the Offering, intends to increase his share ownership in the Company potentially up to approximately 19.9% on a partially diluted basis. read more

Tocvan Drills 63.4-meters of 0.6 g/t Au and 11 g/t Ag, including 29.9-meters of 0.9 g/t Au and 18 g/t Ag at Pilar, Main Zone Extension

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for core drill holes JES-22-61 and JES-22-64 are provided in this release, both Main Zone extension targets infilling a gap and stepping out from holes JES-22-59 (116.9m at 1.2 g/t Au) and JES-22-62 (108.6m at 0.8 g/t Au) (see Figure 1). JES-22-61 returned 63.4-meters at 0.6 g/t Au and 11 g/t Ag, including 29.9-meters at 0.9 g/t Au and 18 g/t Ag. Within the broader mineralized interval, consistent gold mineralization was recorded within a silicified sulphide-bearing breccia returning 8.9-meters at 2.1 g/t Au, 45 g/t Ag and 6.1% Zn, the highest consistent base-metal mineralization drilled to date (see Plate 1). JES-22-64 was successful in intersecting a broad anomalous gold zone, indicating mineralization continues further to the southeast. read more