Tag: gold

GCM Mining Provides January 2022 Production Update; Declares Monthly Dividend to Be Paid on March 15, 2022

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that its Segovia Operations are continuing to perform as expected in 2022 with gold production of 16,474 ounces of gold in January, up from 15,055 ounces of gold in the month of January 2021. Segovia’s trailing 12-months’ total gold production at the end of January 2022 was 207,808 ounces, up almost 1% over last year. read more

Lucky Minerals Inc. to Participate in Renmark’s Virtual Non-Deal Roadshow Series on February 10th, 17th & 23rd

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LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce that the Company will be participating in Renmark Financial Communications Inc.’s live Virtual Non-Deal Roadshow Series to discuss the latest investor presentation on Thursday, February 10th, 2022 at 11:00 AM AST, Thursday, February 17th, 2022 at 11:00 AM PST and Wednesday, February 23rd, 2022 at 12:00 PM EST. Lucky welcomes stakeholders, investors, and other individual followers to register and attend this live event. read more

GR Silver Mining Announces Exploration Results 2.3 m at 16.45 g/t Au & 244 g/t Ag at Loma Dorada – La Colorada

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Figure 1: Geological Map of the Loma Dorada – La Colorada Vein System (CNW Group/GR Silver Mining Ltd.)
Figure 1: Geological Map of the Loma Dorada – La Colorada Vein System (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FSE: GPE) – is pleased to announce gold (Au) and silver (Ag)-rich vein intercepts from the Loma Dorada – La Colorada Vein System, within the Plomosas Project, Sinaloa, Mexico. The new channel and drill results demonstrate the presence of NW oriented Au-Ag rich structures and an additional 250 m extension of veins to the south of previous drill hole results. A part of the La Colorada Vein System is currently being mined within a third party-owned concession with extensions of that Au-Ag mineralization extending into GR Silver Mining’s adjacent mineral concessions. The Company is currently mapping the third party mine workings to collect geological information as a guide to upcoming resource expansion drilling in the area. read more

GCM Mining Files Amended National Instrument 43-101 Technical Report for its Toroparu Project; Does Not Materially Amend Disclosures Regarding Updated Mineral Resource Estimate and Preliminary Economic Assessment

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that, as a result of a review by the staff of the Ontario Securities Commission, it is issuing the following news release related to its recent disclosure for its Toroparu Project. read more

GCM Mining Announces Multiple High-Grade Drill Results at Its El Silencio Mine From the 2021 Mine Geology Infill Drilling Campaign at Its Segovia Operations

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today multiple high-grade intercepts from the latest 79 diamond drill holes totaling 14,798 meters of the ongoing underground in-fill drilling campaign that is being carried out by the Company’s Mine Geology Department at the El Silencio Mine at its Segovia Operations. This mine geology in-fill drilling campaign, which commenced in 2020 and is ongoing, is focused on resource definition within the underground mine developments of the El Silencio Mine and complements the results from the 2021 in-mine drilling programs being carried out by the Company’s Exploration Team announced in the Company’s press release on December 16, 2021. In particular, the continuation of multiple high-grade intercepts in the 1040 Vein discovered last year by this mine geology in-fill drilling campaign at the El Silencio Mine reaffirms the potential for the current and future development of this flagship mine. read more

Tocvan Releases Surface Exploration Results Identifying Undrilled High-Grade Au-Ag Target Zones Highlighted By: 9.2 g/t Au and 279 g/t Ag; 6.6 g/t Au and 433 g/t Ag; and 1.3 g/t Au and 524 g/t Ag

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (CNSX:TOC.CN) (OTC:TCVNF) (FSE:TV3), is pleased to announce surface sample results from its Pilar Au-Ag Project in Sonora, Mexico. A surface exploration program was conducted in December following-up on target areas identified earlier in 2021. A total of 59 samples were collected with 21 samples returning values  greater than 0.5 g/t Au (Table 1). Sampling defined several new target areas yet to be drilled. The Main Zone has been expanded with high-grade Au-Ag values (9.2 g/t Au and 279 g/t Ag) along the southeast extent hosted in a silicified quartz vein breccia. The 4-T Trend has been extended to the southeast 100-meters with high-grade Au-Ag values, highlighted by 6.6 g/t Au and 433 g/t Ag hosted in a strongly silicified fault. A new vein corridor identified by several artisanal workings and shafts over a 200-meter strike has returned high-grade silver values highlighted by 524 g/t Ag and 1.3 g/t Au hosted in a silicified quartz vein breccia. In addition, mineralization has been identified further to the south (300-meters) highlighted by 3.1 g/t Au and 27 g/t Ag. read more

GR Silver Mining Underground Drill Results Deliver Wide and High-grade Intervals, 38 m at 299 g/t Ag, Including 1,091 g/t Ag over 2.1 m and 1,002 g/t Ag over 3.5 m, Confirming Potential for Resource Expansion at San Marcial Area

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Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body down dip and along strike (CNW Group/GR Silver Mining Ltd.)
Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body down dip and along strike (CNW Group/GR Silver Mining Ltd.)

 GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce additional high-grade silver (Ag) results confirming consistently wide Ag intercepts from underground diamond core drilling at the San Marcial resource expansion program, at the Plomosas Project, Sinaloa, Mexico. These assay results are from the fourth hole of an eight-hole program and indicate the widening of the mineral body at depth and along strike. The successful drill hole confirms a significant expansion of high-grade Ag mineralization approximately 170 m down dip below the lower limit of the San Marcial NI 43-101 mineral resource and approximately 70 m along strike, to the SE of hole SMI21-03 (see News Release dated January 17, 2022) (Figure 1). read more

Lucky Announces Closing of Non-Brokered Private Placement for CDN$2,011,795

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LKY.V, Lucky Minerals, gold, Ecuador

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) Lucky” or the “Company“). Further to the news release dated January 6, 2022, Lucky is pleased to announce that it has closed a non-brokered private placement (the “Offering”) consisting of 22,353,278 units of the Company (the “Units“) at a price of CDN$0.09 per Unit for gross proceeds of CDN$2,011,795.02. Each Unit consists of one common share (“Common Share“) of the Company and one transferable common share purchase warrant (“Warrant“). Each Warrant will be exercisable to acquire one Common Share of the Company (“Common Share“) at a price of CDN $0.20 per Common Share for a period of 24 months from the date of issuance of the Warrant. read more