Tag: Sinaloa

Goldplay Exploration Ltd. Announces $2.5M Brokered Private Placement

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V.GPLY, Goldplay Exploration, gold

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) announces that it has engaged Pollitt & Co Inc. (the “Agent“) to sell, by way of a private placement on a “best efforts” basis, up to 12,500,000 common shares of the Company (the “Shares“) at a price of $0.20 per Share (the “Issue Price“) for gross proceeds of up to $2,500,000 (the “Offering“), subject to receipt of all applicable regulatory approvals. read more

High Grade Silver Results, Including 6 Metres at 232 g/t Ag, Enhance San Marcial Project

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V.GPLY, Goldplay Exploration, gold
Figure 1: San Marcial Project – Location of T-002 Tunnel at Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1: San Marcial Project – Location of T-002 Tunnel at Faisanes Target (CNW Group/Goldplay Exploration Ltd)

 Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that additional high-grade silver (Ag) has been encountered in a re-opened old adit, or tunnel, at the Faisanes target (Figure 1) on the edge of the NI 43-101 silver resource area at the Company’s San Marcial Project (“San Marcial”), Sinaloa, Mexico, as announced in February this year (see News Release dated 7 February 2019). read more

Goldplay’s First Drill Hole Intersects 204.6 g/t Gold at San Marcial

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V.GPLY, Goldplay Exploration, gold
Figure 1: Drill Hole SM 19-01 Location at the Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1: Drill Hole SM 19-01 Location at the Faisanes Target (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce a high-grade gold intersection from its first core drill hole at the San Marcial Project (“San Marcial”), Sinaloa, Mexico. read more

Goldplay’s Nava Gold Discovery Continues to Grow as New Surface Continuous Channel Sampling Returns Wide Gold Intersection of 24 m at 2.1 g/t Au, Including 5 m @ 4.0 g/t Au

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V.GPLY, Goldplay Exploration, gold
Figure 1 Nava - Location to the west of the San Marcial Resource and the Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1 Nava – Location to the west of the San Marcial Resource and the Faisanes Target (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that a broad high grade gold (Au) zone has been encountered, on surface, at the Nava Target, 300 m along strike, west of the original gold bearing Nava trenches at the San Marcial Project, Sinaloa, Mexico, as recently announced (see News Release dated 16 April 2019). read more

Surface Channel Sampling at Nava Zone Returns Wide Gold Intersection 40 m at 0.7 g/t Au Including 6.0 m @1.9 g/t Au

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V.GPLY, Goldplay Exploration, gold
Figure 1 Nava - Location to the west of the San Marcial Resource and the Faisanes Target (CNW Group/Goldplay Exploration Ltd)
Figure 1 Nava – Location to the west of the San Marcial Resource and the Faisanes Target (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce wide gold intersections in the Company’s first two surface trenches sampled to confirm the continuity and geometry of the low sulphidation epithermal gold mineralization that returned previously up to 10 g/t Au from channel sampling in underground tunnels at the Nava Zone discovery (see News Release dated 16 April 2019). read more

Goldplay Announces Positive Metallurgical Recoveries from Initial Test Work at San Marcial

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V.GPLY, Goldplay Exploration, gold

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce initial metallurgical results from test work on the San Marcial Project in Sinaloa, Mexico. Unoptimized results demonstrate that the high-grade silver mineralization at San Marcial is amenable to standard cyanidation processing with recoveries ranging from 82% to 92% silver. read more

Goldplay Discovers High-Grade Silver Zone in the Faisanes Target – 56 Metres @ 196 Ppm Silver, Including 15 Metres @ 472 Ppm Silver

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V.GPLY, Goldplay Exploration, gold
V.GPLY, Goldplay Exploration

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce high grade silver (Ag) results from a trench extending silver mineralization from the resource area to the Faisanes target (Figure 1) at the San Marcial Project, located in Sinaloa, Mexico. Goldplay recently announced a NI 43-101 resource for the San Marcial Project (see News Release dated 7 February 2019) and is undertaking exploration on the remainder of the concession to identify additional resources along the 3.5 km mineralized trend. read more

Goldplay announces its maiden mineral resource, containing 36 million oz AgEq (indicated) and 11 million oz AgEq (inferred), at the San Marcial Project

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V.GPLY, Goldplay Exploration, gold
Figure 1 Location Breccia and Stockwork Zone in the San Marcial Resource Area

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce the completion of an independent NI 43-101 mineral resource estimation (“Mineral Resource”), for the San Marcial Project, located in Sinaloa, Mexico. Goldplay’s maiden San Marcial Mineral Resource is a substantial increase from the historical resource completed by Silvermex Resources Inc. in 2008 (“Historical Resource”)1 and reported by Goldplay on 18 April 2018. read more

Goldplay Outlines Five New Exploration Targets at the San Marcial Project in Mexico

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V.GPLY, Goldplay Exploration, gold
Figure 1 San Marcial Project – New Targets: Soil anomalies (CNW Group/Goldplay Exploration Ltd)
Figure 1 San Marcial Project – New Targets: Soil anomalies (CNW Group/Goldplay Exploration Ltd)

Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that the exploratory program carried out in the December quarter of 2018 at the San Marcial Project, located in the Rosario Mining District, Sinaloa, Mexico, has expanded the Ag-Zn-Pb-Au mineralized trend beyond the historic NI 43-101 resource area (“historic resource”), with five new exploration targets identified. read more

Goldplay Completes Private Placement

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V.GPLY, Goldplay Exploration, gold
Cision

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. read more