GR Silver Mining CEO Marcio Fonseca with David Morgan
Very interesting interview with Marcio Fonseca on GR Silver Mining’s consolidation of the Rosario mining district in Sinaloa, Mexico.
Tag: silver
Eloro: Gold in Peru, Polymetallic Prospect in Bolivia
Eloro (V.ELO) CEO Tom Larsen would have every right to be frustrated with South America. The company’s extremely promising La Victoria Gold/Silver Project in north central Peru has had to deal with 100 year rains and then community politics 3000 meters up in the Andes. Even with widespread community support, until a new President was elected in the community and a community vote to approve the surface rights was held, Eloro could not proceed with exploration. After being sidetracked for more than a year a new President was finally elected in early December.
Goldplay Exploration Ltd. Announces Name Change to “GR Silver Mining Ltd.” and New Symbol “GRSL”
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that it will be changing its name to “GR SILVER MINING LTD.” effective Monday, January 13, 2020, to emphasize its focus on more advanced stage silver mining projects in the Rosario Mining District, Mexico.
Goldplay Signs LOI to Acquire the Plomosas Silver Project from First Majestic Silver Corp.
Vancouver, BC – Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that it has entered into a non-binding Letter of Intent (“LOI”) with First Majestic Silver Corp. (NYSE: AG, TSX: FR, FRANKFURT: FMV) (“First Majestic”), pursuant to which it proposes, through a wholly owned Mexican subsidiary, to acquire 100% of the issued and outstanding shares of First Majestic’s wholly owned Mexican subsidiary, Minera La Rastra S.A. de C.V. (“Minera La Rastra”). Minera La Rastra owns the past producing Plomosas Silver Project, including 8,514 ha of concessions with significant exploration potential in Sinaloa, Mexico (“Plomosas Project”), (Figure 1).
Goldplay Exploration Ltd. Issues Shares for Services
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) announces that it has made its final issuance of shares to a drilling contractor engaged under the shares for services previously announced on May 16, 2019. Under this issuance, the Company has issued 259,443 common shares at a deemed price of $0.185/share for services valued at $47,997. These shares are subject to a hold period expiring April 21, 2020, in accordance with applicable securities laws.
Eloro Resources Provides San Markito Silver/Gold Zone Update
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2QM) (“Eloro” or the “Corporation”) is pleased to announce that community elections in Pallasca, Ancash Department, Peru have been completed where a new President was elected. Eloro looks forward to working with the new President and the community in order to implement its plan to bring employment and benefits to the community in connection with the exploration of the San Markito Silver/Gold Zone.
Gold/Silver Shorts
I am always interested in how the real world in precious metals intersects with the “paper” world.
Goldplay Exploration: Deep Silver Veins in Mexico
Marcio Fonseca wears two hats, ten years of investment banking with Macquarie Bank, but trained as an exploration/project/resource geologist. His company, Goldplay (V.GPLY) uses his investment banking know-how to finance what is clearly his real passion, the discovery of high-grade mineral deposits.
Goldplay Grants Stock Options
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that the Company has granted 1,370,000 stock options to directors, officers, and consultants of the company at an exercise price of $0.185 per option for a term of five years. Such options have been granted pursuant to the company’s 10-per-cent rolling stock option plan and are in accordance with TSX Venture Exchange policies.
Goldplay Reports Results from First Drill Program at Nava Target, Including >1,000 g/t Ag
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce its maiden drilling results at the Nava Gold Target (“Nava”) within the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico. The drill program tested the new epithermal-style vein system encountered in the Company’s 2019 surface exploration near the west end of the 1.5 km long San Marcial mineralized corridor (Figure 1). Four diamond drill holes were completed, two in each of the main vein prospects exposed by artisanal workings (Figure 2). Assay results from the Nava diamond drill program are shown in Table 1.