Tag: gold

Golden Predator Mining Corp. Announces Proposed Marketed Financing

JayCurrie
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

VANCOUVER, British Columbia, April 21, 2020 (GLOBE NEWSWIRE) — Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator” or the “Company”) announces that it has filed a preliminary short form prospectus (the “Prospectus”) with respect to a marketed offering (the “Offering”) of 10,000,000 units (“Units”) at a price of C$0.25 per Unit (the “Issue Price”).  Each Unit consists of one Class A common share (a “Common Share”) of the Company and one-half of one Common Share purchase warrant, with each whole warrant (a “Warrant”) exercisable for one Common Share at an exercise price of C$0.35 for 36 months following the completion of the Offering.  Warrants are subject to acceleration of the expiry date to 30 calendar days upon notice provided to the warrant-holder by the Company in the event that the volume weighted average price of the Common Shares is equal to or higher than $0.75 for a period of 5 consecutive trading days on the TSX Venture Exchange or other Canadian stock exchange on which the Common Shares are principally traded. read more

Yukon Mint™ Extends 2020 ‘MY YUKON’ Gold Coin Design Contest Deadline to June 1, 2020

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

The Yukon Mint™ Corporation (Yukon Mint™) announces that due to Covid-19 the deadline for its Yukon-wide gold coin design contest has been extended to June 1, 2020.  The contest is open to all current Yukon residents and offers Yukoners the opportunity to interpret the Yukon culture, history and the land by presenting a design that will be presented on the 2020 Yukon gold coin. The Yukon Mint also wishes to advise the 2018 and 2019 gold coin inventory is sold out due to strong demand. The Yukon Mint looks forward to producing additional gold coins in 2020 as part of the ongoing ‘MY YUKON’ contest. read more

Deepest Gold Zone Intersected to Date at Renforth’s Wholly Owned New Alger Gold Property in Mine Vein #3

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec
  • Deepest gold mineralization drilled to date at New Alger in REN-20-40 which intersected 6.3m of 1.46 g/t Au in the #3 vein at a vertical depth of 410m
  • Mine area veins exhibit high grade nugget effect again, with the most recent interval obtained of 32.33 g/t Au over 0.4m in REN-20-39
  • Mine area veins also continue to display the “halo” effect unique to the mineralization at New Alger, where alteration with a generally lower grade of gold adds width to the zone, such as REN-20-39 where Vein #1 intersected 0.71 g/t Au over a width of 17.4m, including 3.5m within this interval which graded 1.23 g/t Au.

PICKERING, ON / ACCESSWIRE / April 15, 2020 / Renforth Resources Inc. (CSE:RFR)(OTCPINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to announce results from the final three holes drilled at New Alger in February/March 2020, each of which intersected gold as anticipated in the mine area veins. This successful campaign resulted in deeper pierce points than the bulk of the previous drilling at New Alger, extending the mine area veins down dip. The mine area veins are hosted within the Piché volcanics, on the south side of the Cadillac Break. The entire mineralized system, which strikes for approximately 1.4kms on the New Alger property, is open at depth. The Cadillac Mining Camp is regarded as “essentially unexplored beyond a depth of 400 metres. The gold potential of this considerable volume of rock remains to be confirmed”, as published in The deep-seated gold potential of the Cadillac Mining Camp published in PRO 2005-02 by Géologie Quebec. This statement holds true for Renforth’s New Alger property and provides management with focus. read more

Further Drilling Extends Oxide Gold Mineralization to 3.5 km of Strike at Golden Predator’s Brewery Creek Mine

Results include 15.4 m of 3.3 g/t Gold at Lucky Zone – New resource estimate in process
MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports that all of the final 15 holes in its 2019 drill program at its 100% owned and licensed Brewery Creek Mine project encountered significant gold grades. The drilling successfully tested an additional 1,000 m of the Reserve Trend for both near surface oxide mineralization and the continuation of mineralization down dip within structural zones below the historically mined pits. The holes released today also confirm additional high-grade mineralization in the eastern portion of the Lucky resource area. read more

GR Silver Mining Reports High-Grade Drill Results from Plomosas Project: 3.5 m at 2,930 gpt AgEq*, including 0.7 m at 13,335 gpt AgEq*

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drill Hole Collar Location and Geology – Mineralized Structures (San Juan area only) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Drill Hole Collar Location and Geology – Mineralized Structures (San Juan area only) (CNW Group/GR Silver Mining Ltd.)

 GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – is pleased to announce high-grade drill results for the San Juan area at Plomosas Silver Project (“Plomosas Project”), in Sinaloa, Mexico. San Juan is one of six priority areas with a combination of recent (2016 to 2018) and historical drilling data. The most significant sample results for this release represent the following: read more

GR Silver Mining Reports High-grade Underground Sampling Results at Plomosas, Including Assays up to 6,128 gpt Ag over 0.2 meters.

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1- Location – Underground Workings – Channel Sampling San Juan Vein (CNW Group/GR Silver Mining Ltd.)
Figure 1- Location – Underground Workings – Channel Sampling San Juan Vein (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – is pleased to announce assay results for initial underground channel sampling from the San Juan underground workings at the recently acquired Plomosas Silver Project (“Plomosas”), in Sinaloa, Mexico. San Juan is one of six priority areas with underground development not yet exploited by previous owners (view photo here). The underground workings at San Juan have recently been rehabilitated by GR Silver to allow for this initial sampling program. The company is currently validating all recent and historical information, including the review of over 500 drill holes in the six priority areas and sampling mineralized zones, aiming to complete multiple resource estimations in 2020. read more

Renforth Commences Metallic Screen Study at Parbec

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) would like to inform shareholders that initial test metallic screening at Parbec has returned higher coarse gold values in each sample tested. Due to these results a broader metallic screen study has commenced on our wholly owned Parbec property. read more