Metals Update 21/8/2020

Dynacor Gold Mines appoints Chave as director

Dynacor Gold Mines Inc. has appointed Philippe Chave, chief executive officer of PX Group SA, to its board of directors, effective immediately.

Read More

Klondike Gold to start Klondike drill program in Sept.

Klondike Gold Corp. has commenced the planned 27-hole phase 4 drilling program targeting the Lone Star zone on the company’s wholly owned 586 square kilometre Klondike District property, Yukon Territory.

Read More

Atico Mining drills 5.64 m of 12.46 g/t Au at La Plata

Atico Mining Corp. has released results for the latest five holes from its drill program at the La Plata precious metals-rich volcanogenic massive sulphide (VMS) project in Ecuador. These five holes are still part of the continuing campaign targeting the south block to test for possible continuity, as well as mineralization outside of the known envelope.

Read More

Entree arranges $4.3-million private placement

Entree Resources Ltd. has arranged a non-brokered private placement of up to 10 million units of the company at a price of 43 cents per unit for gross proceeds of up to $4.3-million.

Read More

American Creek begins magnetic survey at Dunwell

American Creek Resources Ltd. has commenced a high-resolution magnetic survey in combination with a lidar survey at the company’s 100-per-cent-owned Dunwell mine gold and silver property located in the Golden Triangle of British Columbia.

Read More

Canada Nickel drills 368 m of 0.31% Ni at Crawford

Canada Nickel Company Inc. has released additional encouraging results from infill drilling on the main zone at its Crawford nickel-cobalt sulphide project.

Read More

Impact Silver closes $9.54-million private placement

Impact Silver Corp. has closed the brokered financing previously announced on July 30, and upsized on Aug. 7, 2020. Red Cloud Securities Inc. acted as lead agent and sole bookrunner, on behalf of a syndicate, including Canaccord Genuity Corp. and Mackie Research Capital Corporation (collectively, the “Agents”).

Read More

Nighthawk closes $12-million private placement

Nighthawk Gold Corp. has closed the non-brokered private placement announced on July 29, 2020, which was subsequently upsized to $12-million on July 31, 2020.

Read More

Bonterra Resources’ Ouellette resigns as director

Christina Ouellette has resigned as a director of Bonterra Resources Inc., effective immediately. The board of directors thanks Mrs. Ouellette for her dedicated service to Bonterra and wishes her well in her retirement.

Read More

Los Andes to roll back shares 1:10 on Aug. 26

Los Andes Copper Ltd. has received all necessary approvals for its previously announced share consolidation. The consolidation will be effective Aug. 26, 2020.

Read More

Globe says MacLean calls Galway his favourite explorer

The Globe and Mail reports in its Friday, Aug. 21, edition that Paradigm Capital analyst Don MacLean is again calling Galway Metals one of his favourite explorers. The Globe’s David Leeder writes in the Eye On Equities column that Mr. MacLean says Galway has delivered beyond his expectations.

Read More

Globe says HighGold, Crestview abused in COVID-19 scams

The Globe and Mail reports in its Friday, Aug. 21, edition that Canadian securities regulators have uncovered dozens of scams related to COVID-19. The Globe’s Mark Rendell writes that a North American Securities Administrators Association task force, formed in April, has uncovered 244 scams to date.

Read More

Eskay Mining closes $3.4-million financing

Further to its press release of July 28, 2020, Eskay Mining Corp. has closed its non-brokered private placement with the sale of 3.5 million flow-through units at a price of 64.5 cents per FT unit for $2,257,500 and 2,559,444 working capital units at a price of 45 cents per WC unit for $1,151,750. The company raised an aggregate of $3,409,250 pursuant to the offering.

Read More

Gold Terra to begin trading on OTCQB Venture today

Gold Terra Resource Corp.’s common shares have been accepted for trading on the OTCQB Venture Market, a U.S. trading platform operated by the OTC Markets Group Inc. in New York. The common shares will begin trading today on OTCQB under the ticker symbol "TRXXF".

Read More

Leave a Reply