Tag: gold
Eloro Resources Announces C$12,900,000 Bought Deal Financing
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. to act as co-lead underwriter and sole bookrunner, and Cormark Securities Inc. to act as co-lead underwriter (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 3,440,000 units (the “Units”) at a price of C$3.75 per Unit (the “Issue Price”) for gross proceeds to the Company of C$12,900,000 (the “Offering”).
Gran Colombia Gold Announces Participation in Red Cloud’s 2021 Pre-PDAC Mining Showcase
Gran Colombia Gold (TSX: GCM) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.
GR Silver Mining Appoints Brenda Dayton as VP Corporate Communications
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce the appointment of Brenda Dayton as VP Corporate Communications effective March 1, 2021.
Gran Colombia Gold Provides Exploration Update for Its Segovia Operations
Announces multiple high-grade gold and silver intercepts from the initial drill holes at its Vera brownfield target.Plans to drill 60,000 meters at its Segovia Operations in 2021 at an estimated total cost of approximately US$14 millionGran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that the first eight step-out diamond drill holes at the Vera brownfield target in its Segovia mining title have resulted in multiple high-grade gold and silver intercepts, including:
Eloro Resources Continues to See Long Intercepts of Polymetallic Mineralization at the Santa Barbara Breccia Pipe, Potosi Department, Southern Bolivia
Mineralization in adjacent Central Breccia Pipe appears to have affinity with a tin porphyryEloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further diamond drill results from its Iska Iska Silver-Polymetallic Project in Potosi Department, southern Bolivia. To date, Eloro has completed 22 holes totalling 7,185 metres from both underground (12) and surface drill holes (10). Currently a steeply inclined deep hole, DSB-06, is in progress to test the Santa Barbara Breccia Pipe (“SBBP”) at depth. This release reports results from the last two underground holes (DHK-16 and DHK-17) and the first radial surface hole from SBBP (DSB-01). Results from the first deep radial hole, DSB-02, are delayed for reasons discussed below.
Gran Colombia Announces Acquisition of Approximately 36% Equity Interest in Denarius Silver Corp.
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) (“Gran Colombia”) announced today that it has acquired 33,666,666 common shares (“Common Shares”) of Denarius Silver Corp. (formerly ESV Resources Ltd.) (“Denarius” or the “Issuer”) (TSX-V: DSLV) in connection with the completion of the Reverse Takeover Transaction, as more particularly described below.
GR Silver Mining Undertakes Maiden Ground Geophysics Program on the San Marcial Project, Incorporating Magnetometry and 3D IP
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce the first ever ground geophysical program on the San Marcial Project, located in Sinaloa, Mexico. The program is centered on the San Marcial Resource Area and will incorporate a 3D Induced Polarization (“IP”) survey as well as ground magnetometry.
Tocvan Ventures: Making the Grade in Mexico
Things are moving quickly at Tocvan (TOC.C). On Friday February 19, it closed trading at an all time high of $0.72, up $0.10 on the day. The market is beginning to understand the potential of Tocvan’s Pilar property in Mexico.