Metals Update 28/8/2020

Fenixoro Gold plans drilling at Abriaqui

Fenixoro Gold Corp. has received the results and analysis of the data from a recently completed ground magnetometry survey at its Abriaqui project in Colombia.

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Abcourt Mines talks preparation work at Sleeping Giant

Abcourt Mines Inc.’s preparation work for the opening of the Sleeping Giant mine is progressing as planned and the objective of producing some ore at the Sleeping Giant mine at the end of September or the beginning of October is attainable. To date, more than $5M has been invested in this project and the Company was able to do that with the Elder mine cash flow. The Company is very proud to have realized this project without contracting any debt.

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Regulus to resume AntaKori drilling by late September

Regulus Resources Inc. has provided an update on its AntaKori copper-gold property located in Cajamarca, Peru. Company employees of the Cajamarca office and core storage facility returned to work in late July and have been working to prepare for the resumption of the Phase II drill program at AntaKori.

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Atico plans to complete FS for La Plata by early 2022

Atico Mining Corp. has provided an update on the continuing feasibility study on the La Plata project while pursuing its 2020 and 2021 exploration programs. The Project has strong support from the Government of Ecuador as part of the “second generation” priority projects necessary for the nation’s economic development.

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GoviEX grants options to buy 8.1 million shares

Pursuant to its share purchase option plan, and following the completion of its annual general and special meeting of shareholders, GoviEX Uranium Inc. has granted incentive stock options to certain directors, officers, employees and a consultant to purchase up to an aggregate of 8.1 million Class A common shares in the capital stock of GoviEX.

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Avino Silver shareholders approve AGM resolutions

At the annual general meeting of shareholders of Avino Silver & Gold Mines Ltd. held on Aug. 27, 2020, all resolutions proposed to shareholders were duly passed. 29,992,209 common shares of the company. Of the company’s issued and outstanding common shares as at the record date, shares representing approximately 35.84 per cent were voted.

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American Manganese hires Parent for Rocher report

Work is progressing on American Manganese Inc.’s proposed spinout of some of its mineral properties into a new company, as announced on July 23, 2020.

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Freeman Gold Awards 5000 Metre Diamond Drill Program to Major Drilling America

Vancouver, British Columbia–(Newsfile Corp. – August 28, 2020) – ¬†Freeman Gold Corp. (CSE: FMAN) (FSE: 3WU) (“Freeman” or the “Company”) is pleased to announce that Major Drilling America Inc (“Major”) has been awarded the diamond drill contract for its 100% owned Lemhi Gold project (“Lemhi” or the “Project”) located in Idaho, USA.

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Aftermath Silver Increases Private Placement to $15.6-Million

Vancouver, British Columbia–(Newsfile Corp. – August 28, 2020) –  Aftermath Silver Ltd.(TSXV: AAG) (OTCQB: AAGFF) (the “Company” or “Aftermath“) is pleased to announce that it is increasing its previously announced non-brokered private placement (see News Release #10, dated August 26, 2020) from 19,250,000 shares to 24,000,000 shares at a price of $0.65 per share.

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Evergold amends $3.5-million private placement

Further to shareholder inquiries, Evergold Corp. has amended the $3.5-million non-brokered private placement financing announced on Aug. 26, 2020, to allow for participation by existing shareholders under the existing shareholder exemption as described below. The company also announces a change in price of the flow-through shares component of the offering to 60 cents per FT share.

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