Year: 2022

Tocvan Completes First Stage of Phase III Drilling. Provides Update Prior to Release of Drill Results.

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (FSE:TV3), is pleased to provide an update from its Pilar Au-Ag Project in Sonora, Mexico. 1,500 meters of Phase III drilling has been completed in nine drill holes providing essential information across the Main Zone and 4-T Trend (see Figure 1). All samples have been submitted to ALS (Hermosillo) for preparation and analysis and will start to be released imminently. read more

TOCVAN Closes Unit Private Placement

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64),  is pleased to announce that it has closed its previously announced non-brokered private placement of units (“Units”) for gross proceeds of $360,803 (the “Offering”).  The Offering consisted of the issuance of an aggregate of 481,071 Units at a price of $0.75 per Unit.  Each Unit consists of one common share (“Common Share”) in the capital of the Company and one common share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $1.35, for a period of 18 months from the closing of the Offering.
In connection with the Offering, the Company paid aggregate cash commissions to arm’s length finders who assisted with the Offering of approximately $14,322 and issued 19,096 finder warrants (“Finder Warrants”). Each Finder Warrant is exercisable at a price of
$0.75 per Common Share for a period of 18 months from the closing of the Offering. read more

GCM Mining Announces Subscription to Aris Gold Convertible Debenture; Next Monthly Dividend to be Paid on April 18, 2022

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has subscribed to a US$35 million convertible senior unsecured debenture (the “Debenture”) to be issued by a wholly-owned subsidiary of Aris Gold Corporation (“Aris Gold”) (TSX: ARIS). The proceeds of the Debenture will be used to pay a portion of the purchase price for the acquisition, through a joint venture company, of a 20% ownership interest (the “Transaction”) in the Soto Norte gold project in Colombia, one of the world’s largest feasibility-stage gold projects with high-grade mineral reserves, low capital intensity, low operating costs and district-scale potential. Aris Gold will become the operator of the Soto Norte gold project and will have an option to increase its ownership to 50%. Aris Gold expects to close the Transaction in April 2022. read more

GCM Mining Announces Multiple High-Grade Drill Results From the Final Drill Holes in Its 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues at the Marmajito Vein Including 131.10 g/t Au and 294.3 g/t Ag Over 0.32 Meters

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced today multiple high-grade intercepts at its Segovia Operations from the final 39 diamond drill holes, totaling 9,158 meters, of its 2021 in-mine and near-mine drilling programs, as well as the final 27 diamond drill holes, totaling 7,125 meters, from its 2021 brownfield drilling programs. The Company also announced the assay results from 2 additional kick-off diamond drill holes, totaling 1,140 meters, from the ongoing directional drilling at the El Silencio Deep Zone. read more

Eloro Resources Intersects 182.34g Ag eq/t (29.85g Ag/t, 1.01% Zn, 0.64% Pb, 0.11% Cu and 0.11% Sn) over 351.0m in Southern Part of Santa Barbara Target at Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia

Includes higher-grade sections in hole METSBUG-01 of: 261.14g Ag eq/t (24.65g Ag/t, 0.15% Zn, 0.14% Pb, 0.81% Cu and 0.19% Sn) over 22.56m 599.26g Ag eq/t (208.14g Ag/t, 0.28% Zn, 0.51% Pb, 0.56% Cu and 0.41% Sn) over 17.60m 324.72g Ag eq/t (12.49g Ag/t, 1.88% Zn, 1.26% Pb, 0.02% Cu and 0.31% Sn) over 30.01m 292.78g Ag eq/t (55.64g Ag/t, 2.70% Zn, 1.31% Pb, 0.02% Cu and 0.12% Sn) over 31.72m Hole DSB-25, drilled approximately 400m northwest of hole METSBUG-01, intersected 25 reportable intersections with a best result of 205.13g Ag eq/t (25.01g Ag/t, 0.11g Au/t, 0.13% Cu and 0.25% Sn) over 81.11m including a higher-grade section of 428.83g Ag eq/t (55.88g Ag/t, 0.19g Au/t, 0.28% Cu and 0.53 %Sn) over 17.93m
MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

 Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce assay results from an additional two (2) diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Hole METSBUG-01 is an underground hole drilled for metallurgical sampling purposes from the Santa Barbara adit, while step-out hole DSB-25 was drilled approximately 400m northwest of hole METSBUG-01. Both holes intersected major new extensions of the already large Santa Barbara mineralized zone. read more

Soil Sampling Outlines Two Large Anomalous Gold Areas at Wayka

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Lucky Minerals Inc.(TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received soil sample Geochem results from its ongoing work at the Wayka high sulfidation epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

GCM Mining Provides Production Update; Declares April 15, 2022 Monthly Dividend; Announces 2021 Fourth Quarter and Year End Results Webcast

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that its Segovia Operations produced 17,184 ounces of gold in February 2022, up from 15,360 ounces of gold in February last year. This brings the total gold production for the first two months of 2022 to 33,658 ounces, up from 30,415 ounces in the first two months last year. Segovia’s trailing 12-months’ total gold production at the end of February 2022 was 209,632 ounces, up about 1.6% over last year. read more

GR Silver Mining Announces $7.02 Million Best Efforts Private Placement of Special Warrants

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GR Silver Mining Ltd. (“GR Silver Mining” or the “Company“) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that it has entered into an agreement with Beacon Securities Limited (“Beacon“), on behalf of a syndicate of agents to be co-led by Beacon and Red Cloud Securities Inc. (collectively, the “Agents“), in connection with a “best efforts” private placement of up to 26,000,000 special warrants of the Company (the “Special Warrants“) at a price of $0.27 per Special Warrant (the “Issue Price“) for aggregate gross proceeds to the Company of up to $7,020,000 (the “Offering“). Each Special Warrant shall be automatically exercisable into one unit of the Company (a “Unit“), as described below. Each Unit shall consist of one common share in the capital of the Company (a “Share“) and one-half of one common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will be exercisable to acquire one Share for a period of 36 months following closing of the Offering at an exercise price of $0.37 per Share. read more

Eloro Identifies Major Bolivian Tin Discovery

JayCurrie
ELO.V, Eloro Resources, silver, tin, Bolivia

It can take the market a day or two to actually understand a technical press release. On March 1, 2022, Eloro Resources (ELO.V) put out a news release which needed to be carefully read to reveal a significant intersection with heavily mineralized rock over 373 meters at its Iska Iska property in Bolivia. This intersection is particularly important because, while it certainly contains silver, it has an abundance of tin. read more