Tag: silver

Black Mountain Gold USA Corp. Receives Assay Results from Channel Sampling on Its Mohave Gold Project

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Black Mountain
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Black Mountain Gold USA Corp. (TSXV: BMG) (“BMG” or the “Company”) is pleased to announce it has received encouraging assay results from its recent mechanical rock chip-channel sampling program at its Mohave Gold Project in Mohave County, Arizona. Channel sampling was completed at several gold prospects in the northern half of the Project and confirmed the widespread nature of gold mineralization outlined in the M3 Metals sampling program in 2020 (see M3 Metals press release dated May 5, 2020) returning values up to 53.80 g/t Au and 94.2 g/t Ag over 2.8m. read more

Gran Colombia Announces Multiple High-Grade Drill Results From the 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues at the Brownfield Vera Project Including 31.78 g/t Au and 8,150.0 g/t Ag Over 0.30 Meters

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T.GCM, Gran Colombia, gold, Colombia

Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (“Gran Colombia” or the “Company”) announced today multiple high-grade intercepts from the latest 62 diamond drill holes, totaling 13,056 meters, from the 2021 in-mine and near-mine drilling programs and a further 11 diamond drill holes, totaling 3,190 meters, from the 2021 brownfield drilling programs at its Segovia Operations. The Company also announced the assay results from four additional kick-off diamond drill holes (2,319 meters) from the ongoing directional drilling program at the El Silencio Deep Zone. read more

GR Silver Mining Reports Drill Results Including a High-grade Au-rich Polymetallic Vein from the Plomosas Mine Area

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Figure 1: Plomosas Mine Area: Large Epithermal System with New Discoveries (Drone image) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Plomosas Mine Area: Large Epithermal System with New Discoveries (Drone image) (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) (“GR Silver Mining” or the “Company”) – is pleased to report drill results in the northern portion of the Plomosas Mine Area. These results represent intersections of polymetallic (Ag-Au-Pb-Zn) hydrothermal breccia near the surface in unmined areas in the historic Plomosas Mine Area (Figure 1) at the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Reports Near Surface Drill Results from the Plomosas Mine Area

1.2 m @ 817 g/t AgEq1 12.1 m @ 273 g/t AgEq 7.3 m @ 320 g/t AgEq 4.3 m @ 355 g/t AgEq 3.0 m @ 409 g/t AgEq 3.7 m @ 393 g/t AgEq 3.3 m @ 365 g/t AgEq
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Figure 1: Plomosas Mine Area: Large Epithermal System with New Discoveries (Drone image) (CNW Group/GR Silver Mining Ltd.)
Figure 1: Plomosas Mine Area: Large Epithermal System with New Discoveries (Drone image) (CNW Group/GR Silver Mining Ltd.)

 GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report near surface drill results in the central portion of the Plomosas Mine Area. These results will be incorporated in the database and 3D resource model, with potential for delineation of shallow resources in unmined zones close to existing underground developments in the historic Plomosas Mine Area (Figure 1) at the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

Tocvan Provides Phase II Drill Program Update

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (“Tocvan” or the “Corporation”) is pleased to provide an update for its flagship Pilar Gold-Silver Project in Sonora, Mexico. The Phase II drill program (the “Program”) is nearing the half-way point with a total of 4,000 meters planned. To date, eleven (11) drill holes have been completed for a total of 1,811 meters (Figure 1). Samples for the first five holes have been submitted to ALS Labs in Hermosillo, the remaining samples will be submitted later this week. Early drilling focused on the extension of the Main Zone, testing deeper down-dip extensions of mineralization in addition to stepping out along strike. Drill targeting has now shifted towards testing new areas along the 4-Trench Extension and Triple Vein Zone areas. read more

GR Silver Mining Closes Acquisition of 100% of San Marcial Silver Project

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GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the ” Company”) – is pleased to announce that it has made the final option payment of CDN$2.5 M and issued 1,500,000 common shares to SSR Mining Ltd., as required under the San Marcial option agreement dated April 17, 2018 (refer to News Release dated May 7, 2018). SSR Mining’s subsidiary, Silver Standard México, S.A. de C.V., has also been granted a 0.75% net smelter returns royalty (“NSR”). The Company has a buy-back right on the NSR that can be exercised at any time by payment of CDN$1.25 M. As required by applicable securities law and the policies of the TSX Venture Exchange, the shares will be subject to a hold period expiring September 6, 2021. read more

Tocvan Reports 92% Recovery of Gold from Preliminary Metallurgical Results

Provides Update on Phase II Drill Program
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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce the results of ongoing metallurgical work at its flagship Pilar Gold-Silver Project in Sonora, Mexico. Preliminary results have been received from two composite samples taken from the previously released drill hole JES-20-32. Drill hole JES-20-32 is thought to be representative of the central portion of the Main Zone, which during Phase I drilling in December of 2020 intersected 94.6-meters at 1.6 g/t Au including 9.2m at 10.8 g/t Au and 38 g/t Ag from 57.9 to 152.5 meters.  The samples consisted of a low-grade (0.63 g/t Au) and a medium-grade (1.2 g/t Au) composite to determine the susceptibility of dissolution of gold through cyanide bottle testing. The results show after a retention time of 48 hours, maximum dissolution can be reached of 91% for the low-grade composite and 92% for the medium-grade composite.  A summary of the results are provided in Table 1. Samples were submitted to SGS Laboratories in Durango, Mexico for analysis. read more

GR Silver Mining Reports High-Grade and Wide Silver Mineralization From Drilling in the San Juan Area

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Figure 1: San Juan Area: Multiple Veins in a Large Epithermal System (Drone image) (CNW Group/GR Silver Mining Ltd.)
  • 2.0 m @ 954 g/t Ag, 1.3 g/t Au, 1.2 % Pb and 1.6 % Zn (1,177g/t AgEq1)
    including 1.0 m @ 1,184 g/t Ag, 2.3 g/t Au, 1.3 % Pb and 0.9 % Zn (1,486 g/t AgEq)
  • 1.1 m @ 781 g/t Ag, 0.2 g/t Au, 1.5 % Pb and 0.3 % Zn (863 g/t AgEq)
  • 22.3 m @ 62 g/t Ag, 0.3 g/t Au, 0.6 % Pb and 0.4 % Zn (126 g/t AgEq)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results that extend the high-grade silver mineralization 100 m to the north along strike in the San Juan Vein. Additionally, a wide, up to 65 m continuous silver mineralized zone, is delineated on the footwall of the Yecora Vein, defining shallow wide mineralized zones to be included in the upcoming maiden resource estimate at San Juan. Both veins are part of the vein system of the San Juan Area of the Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

GR Silver Mining Completes Oversubscribed $11,534,500 Bought Deal Financing

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GR Silver Mining Ltd. (TSXV: GRSL) (FSE: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce that it has completed its previously announced bought deal private placement (the “Offering“) of an aggregate of 19,550,000 units of the Company (the “Units“) at a price of $0.59 per Unit (the “Issue Price“) for gross proceeds of $11,534,500, which was oversubscribed and included the exercise of the underwriters’ option in full. read more