2019: Junior Resource Recovery?
And here we go!
Tag: silver
Goldplay Completes Private Placement
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that the Company has closed the final tranche of its non-brokered private placement (the “Offering“) previously announced on November 19, 2018 and has issued 1,244,166 units for gross proceeds of $273,716.52. Total gross proceeds raised under all tranches of this offering was $1,499,960.
Precipitate Appoints Former President & Executive Director of Barrick’s Pueblo Viejo Mining Operation as Advisor
Precipitate Gold Corp. (TSXV: PRG) (the “Company” or “Precipitate”) is pleased to announce it has appointed Mr. Mejico Angeles-Lithgow as an advisor and consultant to the Company.
Goldplay Announces Private Placement
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that the Company will undertake a private placement of up to 6,818,182 units (the “Units”) at a price of CDN$0.22 per Unit for gross proceeds of up to CDN$1,500,000. Each Unit shall be comprised of one common share in the capital of the Company (each, a “Share”) and one-half (½) of one common share purchase warrant of the Company (each whole warrant, a “Warrant”), with each Warrant being exercisable into one common share (the “Warrant Shares”) for a period of two years from the date of issuance of the Warrants at an exercise price of $0.25/Warrant Share; except that, from and after the date that is four months and 1 day after the date of issuance of the Warrants, in the event the closing price of the Company’s common shares on the TSX Venture Exchange (the “TSX.V”) is at least $0.65/share for any 10 consecutive trading days during the Warrant exercise period, then the Company may anytime thereafter accelerate the expiry date of the Warrants to the date that is 10 days following the date on which the Company issues notice to all the Warrant holders of the new expiry date (and the Company will also issue a press release on the same date as it issues notice confirming the new expiry date of the Warrants).The proceeds of the private placement will be used for exploration and property taxes on the Company’s properties in Mexico and general and administration costs for its operations in Mexico and Canada.
Goldplay Announces Ms. Diaz Nieves’ Appointment as Next General Director of Mines, Mexico
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”) is very pleased to congratulate its director, Ms. Laura Cristina Diaz Nieves, on her appointment as the next General Director of Mines in Mexico. As a result of this appointment, Ms. Diaz Nieves is required to relinquish her position as director of the Company at the end of this month.
Triumph Gold Reports Results from Drilling of the Nucleus Au-Ag-Cu Deposit, Freegold Mountain Property, Yukon Territory
Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the results from 4,159 metres of diamond drilling, in twenty-one holes, conducted in the Nucleus gold, silver, copper (Au-Ag-Cu) deposit area. Highlights of the 2018 Nucleus drill program include:
Raw Video from the Bayhorse Silver Mine
Our friend Graeme O’Neill, CEO of Bayhorse Silver, (V.BHS) sent a Go-Pro camera to the face with his miners. Not slick, not edited: just experienced miners looking at a pile of rock after blasting into what they hoped was a “High Grade” zone.
Goldplay reports high-grade silver-lead-zinc-gold mineralization from sampling of a re-opened historical tunnel at San Marcial; including 13 meters @ 1,048 gpt AgEq
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”)is pleased to announce high-grade results from a historical underground tunnel that it has re-opened at the Company’s San Marcial Project in Mexico. The tunnel cuts the San Marcial Main Fault and associated silver-bearing wide breccia approximately 80 meters below the surface near the center of the 500-meter-long historical NI 43-101 resource area (“historic resource”). The exceptional silver-lead-zinc-gold grades over substantial widths reinforce the potential and continuity of mineralization from surface and provide targets for our upcoming drill program.
Goldplay continues to intercept new silver-lead-zinc-gold mineralization from sampling of historical core at San Marcial; including 23 meters @ 160 gpt AgEq
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce positive results from sampling of the historical core drill holes completed in 2010 (“historical core”), from the Company’s San Marcial Project in Mexico. The results support open pit potential for the initial 500-meter-long historical NI 43-101 resource area (“historic resource”). Results reveal a much wider mineralized zone along strike and down-dip than originally modelled in the historic resource with opportunities for expansion.
Goldplay CEO Marcio Fonseca – New York Presentation
Goldplay (V.GPLY) CEO Marcio Fonseca does a presentation on the Company’s Mexican silver assets at the 121 Mining Investment Event, New York, October 2018.