GRSL expands land position in Mexico
Marcio Fonseca, CEO of GR Silver, has had a plan for the Rosario Mining District, Sinaloa, Mexico.
Tag: silver
GR Silver Mining Signs Definitive Binding Agreement with Mako to Acquire Marlin Gold Mining Ltd.
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver” or the “Company”) announces that further to its news releases dated December 17, 2019 and December 29, 2020, the Company and Mako Mining Corp. (“Mako” “MakoMiningCorp“) have now signed a definitive binding Share Purchase Agreement (the “Agreement“) pursuant to which the Company will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. (“Marlin“) from Mako. Marlin is a private British Columbia company, 100% owned by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad“), currently being decommissioned. Oro Gold also controls 100% of nine concessions totaling 104,094.5 ha (the “Properties“) located adjacent to GR Silver’s existing portfolio of properties, hosting a number of known silver gold showings, and porphyry igneous intrusions that are of strong exploration interest to the Company for future drilling. (Figure 1).
Eloro Resources Intersects 129.6 Grams Silver Equivalent per Tonne over 257.5m in Extensive Silver-Polymetallic Mineralization in Santa Barbara Breccia Pipe, at its Iska Iska Property, Potosi Department, Southern Bolivia
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce additional results from its diamond drilling program at its optioned Iska Iska Silver-Polymetallic Project (“Iska Iska”) in the Potosi Department, southern Bolivia. To date, through its Bolivian subsidiary, Minera Tupiza S.R.L. (“Minera Tupiza”), Eloro has completed 20 holes totalling 5,573m metres from both underground (12) and surface drill holes (8). Results from the first five underground holes were reported on November 18, 2020. This release reports results for 10 additional holes. Due to the polymetallic nature of the deposit, silver equivalent (“Ag eq”) values have been included for comparative purposes. Tables 1 and 2 list significant assay results. Figure 1 is a plan map detailing the locations of the drill holes, Figure 2 is a geological cross section of the Santa Barbara Breccia Pipe and Table 3 provides drill hole collar coordinates for all holes completed to date.
GR Silver: Close to a Resource Estimate at the Plomosas Project in Mexico
“Is it a mine?” is GR Silver Mining Ltd. (GRSL.V) CEO Marcio Fonseca’s constant question as he leads the exploration of the Rosario Mining District in Sinaloa, Mexico. “We’re very close to saying yes,” said Fonseca in a telephone interview.
GR Silver Mining Appoints Dr. Honza Catchpole as VP Exploration
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce the appointment of Dr. Honza Catchpole as VP Exploration effective January 20, 2021.
Tocvan Adds Depth to Management Team
Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce Rodrigo Calles-Montijo has been appointed to the Board of Directors and management team as Exploration and Corporate Development Manager, Mexico.
Etruscus Samples 7,013 g/t Silver, 12.7 g/t Gold at Newly Discovered “Thunderstruck” Target at Rock & Roll
Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce substantial rock sampling results from the “Thunderstruck” target newly discovered during its 2020 summer exploration program in the Eskay Camp of BC’s resource-rich Golden Triangle. The Thunderstruck target is located 1.5 km southeast of the Hurricane Target (announced January 13, 2021), both located on the recently staked extended Rock & Roll claims, and 13 km northwest of the Black Dog Deposit.
CBLT Closes Financing
CBLT Inc. (TSXV: CBLT) (“CBLT”) announces it has closed on its previously announced intention to effect a flowthrough financing in an amount of $53,202 (fifty-three thousand two hundred and two dollars) by issuing 886,700 Flowthrough Units priced at $0.06 (six cents) per Flowthrough Unit. Each Flowthrough Unit comprises of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share. A finder’s fee equal to $1,974 was paid to a registrant related to this financing.
GR Silver Mining Reports Wide and High-Grade Zones from New Underground Drilling in the Plomosas Mine Area:
- 83 m @ 420 g/t AgEq1, including
- 11 m @ 1,596 g/t AgEq, and
- 4 m @ 1,319 g/t AgEq
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report wide and high-grade drill results from the Company’s underground core drilling program in the Plomosas Mine Area, as well as validation sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico.
Eloro Resources Announces Filing of Final Short Form Prospectus and Exercise of Over-Allotment Option by Underwriters
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced bought deal financing (the “Financing”) (see Eloro press releases dated December 16, 2020 and December 9, 2020), it has filed a final short form prospectus with the applicable securities regulators in each of the provinces of Canada, except Quebec. Under the terms of the Financing, Haywood Securities Inc., as lead underwriter, and Echelon Wealth Partners Inc. (the “Underwriters”) agreed to purchase, on a bought deal basis, 3,548,400 units (the “Units”) at a price of Cdn$1.55 per Unit for gross proceeds to the Company of Cdn$5,500,020.