Beiträge von c-Mc2k

    Es wird Zeit Alexco Res. wieder auf die Bildfläche zu bringen - zumindest diesen Threat 8)


    AXU gibt bekannt, dass die noch ausstehende Wasserlizenz erteilt wurde und nun der Weg frei ist, ab Q4/2020 das erste Erz aus dem Boden zu holen! Sind sind also im Zeitplan und ab dem Winter können wir uns auf viele Unzen Silber aus dem Yukon, Kanada freuen! [smilie_blume]


    https://www.juniorminingnetwor…and-corporate-update.html



    Alexco Receives Final Water Use License for Keno Hill, Provides Operations and Corporate Update

    Troilus heute mit der News, dass sie eine bestehende Royalty zurückkaufen und weitere Teile rund um ihre Liegenschaft erwerben. Hierfür fließen Aktien und ebenfalls eine Royalty.


    Einfach mal die News anschauen...sieht auf den ersten Blick ganz gut aus, kann den Kaufpreis aber nicht wirklich einordnen.


    https://www.juniorminingnetwor…html#.XxbNg8bAAto.twitter



    Troilus Gold Completes Royalty Buy-Back and Continues to Consolidate Claims in Frôtet-Evans Greenstone Belt; Expands Land Position by 23,000 Hectares

    Sprott Silver Trust kündigt massiven Zukauf von physischem Silber an und löst damit einen Short-Squeeze aus


    https://www.wallstreet-online.…ilber-loest-short-squeeze


    https://kingworldnews.com/silv…annual-global-production/

    Dann könnte doch First Majestic Silver mal zu nem guten Kurs ihre Läger leeren und ne ordentliche Einmal-Dividende ausschütten!
    Kann mal jemand Keith anrufen und ihm den Tipp geben? Er und Eric sollten das schon schaukeln können. :D ;)

    Gestern kam die News, dass OutCorp Gold ihr Landpaket rund um ihre Bohrungen deutlich erweitert hat.
    Es besteht also weiteres Explorationspotenzial und sollte sich die Mineralisierung fortsetzen, natürlich auch deutlich mehr Resourcenpotenzial.


    Bin auch seit kurzem dabei und freue mich auf weitere News.
    Btw. mal nicht Silber und Mexiko! Find ich gut für mein Portfolio! :thumbup:


    https://www.juniorminingnetwor…de-santa-ana-project.html


    Outcrop Consolidates the Historic Mariquita Silver-Gold District Along Strike from the High-Grade Santa Ana Project

    TSX VENTURE: OCG
    www.outcropgoldcorp.com
    Mr. Joseph Hebert reports:


    Vancouver, British Columbia--(Newsfile Corp. - July 20, 2020) - Outcrop Gold Corp. (TSXV: OCG) (OTC Pink: MRDD.F) (FSE: MRG1) ("Outcrop") is pleased to announce a significant increase in the land position surrounding and along trend from the high-grade silver-gold Santa Ana project, including the consolidation of multiple regional scale, parallel silver-gold belts in the Mariquita District, Colombia.
    Highlights

    • Santa Ana land position increased three-fold to over 25,000 hectares
    • New claims cover five regional scale parallel vein systems across a trend 12 kilometres wide and 30 kilometres long
    • Project contains dozens of historic mines including Santa Ana and the newly acquired Frias mine
    • Acquisition dramatically increases project scale and exploration potential

    "Outcrop is elated to make an acquisition of this quality and scale," remarks Outcrop Chief Executive Officer, Joe Hebert. "Colombia is one of the few exploration jurisdictions in Latin America where a company can consolidate this large of an area of high-grade veins with almost no modern exploration but abundant artisan mining. Controlling numerous vein systems that extend for tens of kilometres will position us for a world-class high-grade discovery."

    Hier ein Interview über EMX Royalties EMX mit ihrem CEO David Cole.
    Diese halbe Stunde ist echt gut investiert, um die doch spezielle Herangehensweise von EMX zu verstehen.
    Sie sind eher ein Value-Investor im klassischen Sinn. EMX erwirbt zb Liegenschaften, verkauft diese an Juniors, begleitet diese dann aber auch mit Know-How und Kapital und am Ende haben sie neben einer Royalty auch Aktien oder einen Buy-Out.
    Diese Herangehensweise dauert natürliche seine Zeit, könnte (ich denke wird) sich aber als ein langfristig für den Shareholder, sehr nachhaltiges Geschäftsmodell erweisen. Sie möchten die Minen in Betrieb bekommen, um ganzheitlich davon zu profitieren und das Management scheint dazu auch in der Lage zu sein. Nicht umsonst sind sie seit 17 Jahren im Geschäft und sind fast nur organisch gewachsen. Bis 2023 sollen einige Developments auch entgültig in Produktion gehen, wie zb eine große Kupfer-Gold-Mine in Serbien, die derzeit von Zjing gebaut und anschließend betrieben wird.


    Ich will hier nichts pushen noch werde ich bezahlt...ich bin einfach ein kleiner Fanboy dieses speziellen Royalty-Unternehmens (und Aktionär) :) 8)


    Aber seht selbst.


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    Die ersten Bohrresultate von Discovery Metals kommen heute herein.
    Sieht doch recht vielversprechend aus. Beide angebohrten Adern haben ordentliche Mineralisierung.


    Mal schauen, was da den Sommer über noch alles kommt! :thumbup:


    https://www.juniorminingnetwor…html#.XxV7mWFEsaA.twitter


    Discovery Metals Reports 1,907 g/t AgEq Over 1.4 m in its First Drill Hole Testing the 1.2 Km-Long Todos Santos Vein Trend at Cordero

    TSX VENTURE: DSV
    www.dsvmetals.com
    Mr. Taj Singh reports:


    TORONTO, July 20, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from eight diamond drill holes completed at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. The holes are part of a Phase 1 diamond core drilling program that commenced in September 2019. The Phase 1 drill program was recently expanded from 35,000-metres (“m”) to 55,000 m and has the goal of defining a large-scale, high-margin project with excellent leverage to rising silver prices.

    Highlight intercepts include:

    Todos Santos Vein

    • 1.4 m averaging 1,907 grams per tonne silver equivalent (“g/t AgEq1”) in hole C20-342 from 147.0 m (700 g/t Ag, 0.74 g/t gold (“Au”), 16.1% lead (“Pb”) and 14.0% zinc (“Zn”)) within a 5.3 m breccia interval that averaged 653 g/t AgEq1 (225 g/t Ag, 0.27 g/t Au, 5.1% Pb, 5.5% Zn)

    Parcionera Vein

    • 1.5 m averaging 1,119 g/t AgEq1 in hole C20-338 from 149.8 m (489 g/t Ag, 0.82 g/t Au, 2.9% Pb and 11.1% Zn) within a 4.3 m vein that averaged 651 g/t AgEq1 (365 g/t Ag, 0.55 g/t Au, 2.1% Pb, 4.0% Zn)

    North-East Extension

    • 120.4 m averaging 114 g/t AgEq1 in hole C20-333 from 206.8 m (30 g/t Ag, 0.11 g/t Au, 0.4% lead Pb and 1.5% Zn)
    • 134.6 m averaging 92 g/t AgEq1 in hole C20-336 from 194.6 m (23 g/t Ag, 0.05 g/t Au, 0.5% Pb and 1.1% Zn)

    South Corridor

    • 44.8 m averaging 139 g/t AgEq1 in hole C20-337 from 173.9 m (35 g/t Ag, 0.10 g/t Au, 0.7% Pb and 1.7% Zn)
    • 0.8 m averaging 3,214 g/t AgEq1 in hole C20-337 from 291.3 m (1,992 g/t Ag, 0.79 g/t Au, 16.1% Pb and 14.2% Zn)

    Taj Singh, President and CEO, states: “We continue to intercept wide zones of bulk-tonnage style mineralization along the North-East Extension at Cordero. In addition, our understanding of the previously overlooked high-grade vein trends on the property continues to evolve. Four of the eight drill holes in this news release hit high-grade feeder structures, including 1,907 g/t AgEq1 over 1.4 m in our first ever drill hole targeting the Todos Santos vein trend, and 1,119 g/t AgEq1 over 1.5 m at the Parcionera vein trend. These two vein trends have a current combined strike length of over 1.5 kilometres based on historical underground workings. With a second drill rig now operational, we look forward to testing both the strike length and depth continuity of these and other extensive feeder structures alongside our bulk-tonnage breccia-hosted targets.”

    Avino mit Zahlen für das 2. Quartal...über 50% weniger Förderung als im Vorjahreszeitraum :thumbdown:


    Allerdings sind die Recovery-Rate und die Grades leicht gestiegen.


    Ab Anfang Juni wurde die Produktion wieder normal angefahren und es sollte in den nächsten Quartalen wieder normal produziert werden.


    Scheinbar gibt es aber Probleme mit der Belegschaft. kann es aber gerade nicht verifizieren.
    "Finally, due to the disappointing strike action at site last week, we reiterate that the Company remains receptive to having good-faith discussions with authorized representatives of the union."


    Alles in allem eher durchwachsen...aber nicht umsonst dümpeln die bei 50 Mio € Marktkapitalisierung herum :rolleyes:
    Der Kurs läuft aber ähnlich wie der Gesamtmarkt, was zumindest positiv ist.


    Ich denke, wenn die Mine wieder voll läuft und mögliche "Probleme" im Griff sind, sind hier bei steigenden Metallpreisen auch deutlich höhere Kurse denkbar. Man bedenke, dass Avino aufgrund des großen Anteil Kupfers und Silbers auch sehr konjunktursensibel ist.



    https://www.juniorminingnetwor…0-production-results.html


    Avino Announces Q2 2020 Production Results
    TSX: ASM
    www.avino.com
    Mr. David Wolfin reports:


    VANCOUVER, BC, July 17, 2020 /CNW/ - Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE American: ASM) (FSE: GV6) ("Avino" or "the Company") reports that production of 158,286 silver equivalent ounces*, 50,581 silver ounces, 459,767 copper lbs, and 404 gold ounces was achieved in the second quarter 2020 from its Avino Mine property near Durango, Mexico.
    As a result of the temporary shutdown due to Covid-19, all production results were lower than anticipated compared to Q2 2019.
    Mining operations were temporarily suspended at the beginning of April as mandated by the Mexican government and the Avino Mine transitioned to care and maintenance utilizing a reduced workforce to protect employees, contractors, and the local communities.
    On June 1, 2020, Avino was approved by the Secretariat of Health to recommence regular mining activities in an orderly, gradual and cautious manner.
    2020 Second Quarter Highlights

    • Increase in recovery rates and grades at the Avino Mine: On a metal-by-metal basis, recovery rates were higher and the grades rose slightly
    • Avino Mine Avino Mine Successfully Recommenced Operations: The ramp-up began June 1st, working towards achieving production levels experienced prior to March 31, 2020

    "We are encouraged by the higher recoveries achieved in the second quarter, and the progress made in the ramp-up to full production which was underway once mining operations were allowed to resume in early June", said David Wolfin, President and CEO. "In addition, I am pleased to report that despite the challenges related to the Covid-19 pandemic, the Company's combined operational and health and safety measures enabled us to continue with concentrate shipments from established stockpiles of material and, because of our established Crisis Management Plan, we had a well-executed response for stringent Covid-19 transmission prevention. Finally, due to the disappointing strike action at site last week, we reiterate that the Company remains receptive to having good-faith discussions with authorized representatives of the union."
    During Q2 2020 production came from the Avino mine only.
    Avino Production Highlights for Q2 2020 (Compared to Q2 2019)

    • Silver equivalent production decreased by 56% to 158,286 oz*
    • Copper production decreased by 54% to 459,767 lbs
    • Silver production decreased by 52% to 50,581 oz
    • Gold production decreased by 50% to 404 oz



    Management expects to update shareholders on plans for the second half of 2020 when it reports the Q2, 2020 financial results in August.
    The recoveries and grades at the Avino mine were marginally higher in Q2 2020 compared to Q2 2019.

    Ich habe hier heute in der 0,80€ Unterstützungszone eine erste Position eröffnet.
    Mit dem gestrigen Anstieg/Ausbruch Camecos über die 11$, sollte hier der gesammte Sektor vor der nächsten Aufwärtswelle stehen.
    Fundamental sieht die Situation ja sowieso freundlich aus...KAP mit verlängertem Lockdown in Kazachstan, Cigar Lake weiterhin down etc., sollten mittelfristig den Uranpreis wieder in Regionen hiefen, in denen die Minenbetreiber wieder Geld verdienen können.
    Ich bin jedenfalls gespannt und habe in einigen aussichtsreichen Uran-Plays erste Positionen gekauft.
    UUUU, URG, UEC, NXE, DML und FCU


    Gruß

    Vizsla holt einen dritten Bohrer auf ihr Silber-Gold Projekt "Panuco" in Mexiko. Im August ist ein vierter Bohrer geplant. Somit erhöht sich hier die potenzielle Trefferquote um 50% respektive 100%, was bei den bisher gebohrten Grades eine äußerst positive Nachricht für Shareholder ist! 8)
    Außerdem verdoppeln sie in etwa die Bohrmeter in ihrem Bohrprogramm von 2020, was durch die kürzliche Kapitalerhöhung ja easy zu stemmen sein wird. Die Kosten dafür bis Jahresende belaufen sich auf knapp $7 Mio.


    Weiter so!!! :thumbup:



    https://www.juniorminingnetwor…ilver-project-mexico.html


    Vizsla Resources Adds Third Drill Rig and Increases Exploration Program at Panuco Silver Project, Mexico

    TSX VENTURE: VZLA
    www.vizslaresources.com
    Mr. Michael Konnert reports:


    VANCOUVER, BC, July 15, 2020 /CNW/ - Vizsla Resources Corp. (TSXV: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) ("Vizsla" or the "Company") is pleased to announce that it has expanded the exploration program planned for the Panuco silver-gold project ("Panuco") in Sinaloa, Mexico and has added a third drill rig.
    A total of 4,673 metres of drilling have been completed to the end of June. Now, with the Company's recent high-grade discovery at Napoleon (see news releases dated June 24, 2020 and July 8, 2020), the Company will expand its previously-planned discovery drilling program from 14,500 metres to 31,100 metres in 2020. A third drill rig was mobilised to site last week and has commenced drilling, and a fourth drill rig is planned to commence drilling at the beginning of August. The updated July-December exploration program is estimated to cost approximately $6.9 million.
    CEO Michael Konnert stated "Following the announcement of the high-grade results from the Napoleon vein last week, Panuco has demonstrated significant potential at the underexplored district. With the third drill rig on site and expanded discovery drill program, Vizsla can now explore other high potential targets along the Napoleon, Cordon del Oro and Animas vein corridors."
    Drilling is continuing at the high-grade Napoleon discovery with drill hole NP-20-14 in progress. Drilling is testing to the south and down-dip of the discovery hole, NP-20-02, before moving back north to test vein extensions near hole NP-20-07.
    Three holes have been completed at Cordon del Oro and the third and fourth drill rigs will test exploration targets including the strike extensions of the Napoleon vein corridor, the Tajitos vein, the San Carlos mine at Animas and additional targets along the Cordon del Oro vein corridor
    About the Panuco project
    Vizsla has an option to acquire 100% of the newly consolidated 9,386.5 hectare Panuco district in southern Sinaloa, Mexico, near the city of Mazatlán. The option allows for the acquisition of over 75 kilometres of total vein extent, a 500 ton per day mill, 35 kilometres of underground mines, tailings facilities, roads, power and permits.
    The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.
    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    First Majestic Silver FR hat ebenfalls heute seine Zahlen zu Q2 präsentiert.


    Auch hier kam es coronabedingt zu deutlich geringeren Produktionszahlen, nämlich "1.8 million ounces of silver and 15,764 ounces of gold".
    Keith Neumeyer zeigt sich trotzdem zufrieden und man wird versuchen, die fehlende Produktion im Laufe des Jahres nachzuholen, um das gesteckte Jahresziel trotzdem zu erreichen.



    https://www.firstmajestic.com/…s-conference-call-details


    First Majestic Produces 3.5 Million Silver Equivalent Ounces from Partial Operations in Second Quarter


    VANCOUVER, British Columbia, July 15, 2020 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (AG: NYSE; FR: TSX; FMV: Frankfurt) ("First Majestic" or the "Company") announces total production in the second quarter of 2020 reached 3.5 million silver equivalent ounces consisting of 1.8 million ounces of silver and 15,764 ounces of gold. Quarterly production was impacted following Mexico’s Ministry of Health’s Federal Decree requiring all non-essential businesses, including mining, to temporarily suspend activities throughout most of April and May in response to the global pandemic. Despite having limited operations in the quarter, total production was better than expected due to a slower ramp down at San Dimas compared to the other mining units. In the first half of 2020, the Company has produced a total of 9.7 million silver equivalent ounces consisting of 5.0 million ounces of silver and 47,967 ounces of gold.


    SECOND QUARTER HIGHLIGHTS


    • Total production reached 3.5 million silver equivalent ounces, consisting of 1.8 million ounces of silver and 15,764 ounces of gold.
    • As of June 30, 2020, the Company held 970,000 ounces of silver in inventory in anticipation of realizing higher selling prices in the second half of 2020.


    • By quarter end, all operations have returned to near full production rates following the Mexican Government’s decision to allow the Company to restart mining activities on May 23, 2020.
    • San Dimas received delivery of a new 3,000 tpd High Intensity Grinding (“HIG”) mill with additional mill modernization components during the quarter.
    • Development activities resumed at Santa Elena’s Ermitaño project in June and successfully intersected the Ermitaño vein.
    • Civil construction activities resumed in June on the Liquid Natural Gas (“LNG”) plant at Santa Elena. The LNG generators and storage tanks are estimated to be delivered to site in the third quarter.
    • At the end of the second quarter, 14 exploration drill rigs were active across the Company’s projects consisting of 11 rigs at San Dimas, two rigs at Santa Elena and one rig at La Encantada. The Company anticipates adding seven additional rigs in the third quarter with a primary focus on the regional potential around Santa Elena.
    • Preventative controls such as the practice of social distancing, the cancellation of any non-essential visits to the mines, comprehensive sanitation measures for the workplace and company transportation, as well as pre-screening for virus symptoms remain in effect.


    “Despite the temporary shutdown of operations during the quarter, our production results were better than anticipated as a result of implementing an extended and safe ramp down of the San Dimas operation throughout the month of April,” said Keith Neumeyer, President and CEO. “San Dimas produced a total of 2.4 million silver equivalent ounces, or 35% lower than the previous quarter. Total production at the Santa Elena and La Encantada operations were 63% and 45% lower, respectively, compared to the prior quarter as a result of suspending operations in early April.”


    Mr. Neumeyer continues, “We began implementing restart procedures in mid-May following the Ministry of Health’s announcement that mining activities were now deemed an essential business throughout Mexico. As of today, our operations are back to pre-pandemic production rates and our focus for the second half of 2020 is to try and fully recover the lost ounces due to the shutdown.”

    Bei den Produzenten fallen mir spontan noch ein, die ebenfalls eine beachtlichen Silberanteil an ihrer Produktion haben:


    POLY Polymetal International PLC
    ASM Avino Silver&Gold
    EXN Excellon Resources Inc.

    Also im 2 . Quartal hatte Hecla 2,4 Mio. oz Silber und knapp 60.000 oz Gold.
    Oder habe ich das falsch in Erinnerung?
    Mich interessiert aktuell, was aus der Erde raus kommt und nicht, was drinnen ist.

    in absoluten Zahlen hast du recht, ja. Da fördert Hecla logischerweise mehr Oz Silber als Gold!
    Nur musst du es ja umrechnen, da das eine Metall ja fast das 100 Fache des anderen kostet.
    Und tust du das - bzw schaust, was oben @Nebelprader vorrechnet, dann ist das Verhältnis klar zu Gunsten des Goldes!

    Fortuna Silver hat die Zahlen fürs 2. Quartal bekannt gegeben.


    Sie sind aufgrund der coronabedingten Schließungen der beiden Minen in Peru und Mexiko deutlich schlechter als Q2 des Vorjahres.
    Ab Q3 sollte aber alles wieder nach Plan laufen, da beide wieder produzieren.


    Die neue Goldmine "Lindero Project" hat sich aufgrund Covid-19 leider auch verzögert. Hier wollte man ja dieses Jahr noch voll in die Produktion einsteigen, kann aber aufgrund der ebenfalls verhängten Schließung erst in den nächsten Monaten die Konstruktionsarbeiten beenden und strebt eine reguläre Produktion im Q1 2021 an.


    Der Kurs bei uns steigt wie der Gesamtmarkt etwas, was eigentlich bedeutet, dass die Zahen den Erwartungen enstprechen.
    Bei mir bleibt FSM eine Kernpesition meiner Silberassets.



    https://www.juniorminingnetwor…cond-quarter-of-2020.html




    Fortuna reports production of 1.3 million ounces of silver and 7,099 ounces of gold for the second quarter of 2020



    Second Quarter Production Highlights


    • Silver production of 1,273,922 ounces; 47 percent decrease over Q2 2019
    • Gold production of 7,099 ounces; 47 percent decrease over Q2 2019
    • Lead production of 6,777,010 pounds; 3 percent decrease over Q2 2019
    • Zinc production of 10,976,816 pounds; 2 percent decrease over Q2 2019
    • Cash cost1 for San Jose is US$66.0/t
    • Cash cost1 for Caylloma is US$74.3/t

    Fiore beginnt mit den Bohrarbeiten für ihre Machbarkeitsstudie an ihrem 2. Standort "Gold Rock"!
    Hier soll zeitnah eine 2. Open Pit Mine entstehen, die sich die Arbeiter und die Infrastruktur mit ihrer in Produktion befindlichen Mine "Pan Mine" teilen soll.


    Ziel ist es weiterhin, von 50k auf 150k Oz AU mit dann 2 Open Pits zu wachsen.


    Da ist die nächste Zeit tatsächlich noch viel Luft nach oben, rein bewertungstechnisch!



    https://www.juniorminingnetwor…1987-tsx-venture/f/80280-fiore-gold-begins-gold-rock-feasibility-study-drilling-program-adds-senior-technical-staff.html#.Xw2VPsqDRAo.twitter

    GBR bringt weitere 2 Drill Rigs auf sein Dixi Projekt, wie bereits vor Covid-19 angedacht war. Somit erhöht sich die Anzahl auf 5 und es gibt potenziell 67% mehr Resultate!


    Dann mal auf, Jungs! Wir wollen Nachrichten mit vielen hohen Grades sehen! 8)


    https://www.juniorminingnetwor…html#.XwxIEBmx04U.twitter



    Great Bear Resources Returns to Five Drill Rigs at Dixie

    TSX VENTURE: GBR
    www.greatbearresources.ca
    Mr. Christopher Taylor reports:


    VANCOUVER, BC, July 13, 2020 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear"), (TSX-V: GBR) (OTCQX: GTBAF) today reported a return to pre-pandemic levels of drill activity at its 100% owned flagship Dixie Project in the Red Lake district of Ontario.
    Chris Taylor, President and CEO of Great Bear said, "At the outset of the COVID-19 pandemic, we reduced our drill count from five to three rigs, and implemented a series of risk mitigation protocols which will remain in place, designed to protect our staff and local communities. Great Bear has grown significantly since March, driven by our success with those three rigs. I'm now very pleased to announce that we will return to five active drill rigs this month, which amounts to a significant 67 percent increase in drill activity over recent levels. This will accelerate our grid drill program at the LP Fault, and allow ongoing simultaneous exploration of additional targets across the property."
    Approximately 180 of 300 planned drill holes remain to be completed in 2020 as part of the Company's fully-funded $21 million drill program. With approximately $48 million in cash, the Company is well positioned to significantly expand its exploration activities through 2022 and will provide updates on future drill plans as details become available.

    Silber in Sachsen. Da bin ich mal gespannt. :thumbup:

    und es geht los :thumbup:
    Da bin ich echt mal gespannt, auf was für Grade die da stoßen!


    https://www.juniorminingnetwor…html#.Xwb9JTy-O4Y.twitter


    Excellon Resources Begins Drilling at Silver City Project in Saxony, Germany

    TSX: EXN
    www.excellonresources.com
    Mr. Brendan Cahill reports:


    TORONTO, July 9, 2020 /CNW/ - Excellon Resources Inc. (TSX:EXN) (TSX: EXN.WT) (OTC:EXLLF) and (FRA:E4X1) ("Excellon" or the "Company") is pleased to announce that an initial 15-hole diamond drilling program has commenced on the 164 km2 Silver City Project in Saxony, Germany.
    "We are targeting significant widths of high-grade silver in an epithermal silver district that was mined for over 750 years, but has never seen modern day exploration for precious metals," stated Ben Pullinger, SVP Geology. "Our initial program utilizes a multi-disciplinary approach to demonstrate that the historically prolific Freiberg silver district remains exceptionally prospective. This milestone has been achieved through collaboration with our partners and stakeholders and we are grateful for their support."
    The Silver City Project was mined for high-grade silver from the 11th until the late 19th century, when Germany left the silver standard in 1873 and the gold:silver ratio collapsed. Records from the project indicate high-grade silver production over substantial widths throughout the district. Excellon is embarking on the first modern day exploration program focussed on precious metals.
    Excellon has entered a research and development agreement with the Helmholtz Institute Freiberg ("HIF") to provide HIF with data and drill core samples from the Silver City Project through which HIF can test exploration technologies in real time, including hyperspectral analysis of drill core. The Company additionally has various collaborations with the Mineral Systems Analysis Group of the TU Bergakademie Freiberg (the Freiberg University) to develop further analyses of the project.
    Excellon holds an option to acquire a 100% interest in the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) and (FRA: G1MN).
    Annual Meeting of Shareholders
    In response to the unprecedented public health impact of COVID-19 and to mitigate risks to the health and safety of its shareholders, employees and local communities, the Company will hold its annual meeting of shareholders (the "Meeting") on August 13, 2020.
    The Company is relying on the exemption provided in the Ontario Instrument 51-504 – Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials and similar exemptions granted by the securities regulatory authorities or regulators in other jurisdictions of Canada to postpone the filing of its executive compensation disclosure for the year ended December 31, 2019 by June 30, 2020, as required under Section 9.3.1 (2.2) of National Instrument 51-102 – Continuous Disclosure Obligations. The Company will include executive compensation disclosure in its management information circular prepared and sent to shareholders in connection with the Meeting.
    About Excellon
    Excellon's vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our employees, communities and shareholders. The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico's highest-grade silver mine since production commenced in 2005; Kilgore, a high quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. The Company also aims to continue capitalizing on current market conditions by acquiring undervalued projects.
    Additional details on Excellon's properties are available at www.excellonresources.com.

    Und zack haben sie in die guten News auch noch n Privat Placement reingepackt!


    Eric Sprott kauft C$10 Mio. davon! Er hat dann 11,3%


    Ausführung ist bei C$1,87 und die Warrents bei C$2,40 in 2 Jahren.




    https://www.juniorminingnetwor…al-private-placement.html


    Vizsla Announces C$25 Million Bought Deal Private Placement

    TSX VENTURE: VZLA
    www.vizslaresources.com
    Mr. Michael Konnert reports:


    /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/
    (VZLA:TSX-V)
    VANCOUVER, BC, July 9, 2020 /CNW/ - Vizsla Resources Corp. (TSXV: VZLA) (OTCQB: VIZSF) (Frankfurt: 0G3) ("Vizsla" or the "Company") announced today that it has entered into an agreement with Canaccord Genuity Corp. on behalf of an underwriting syndicate (the "Underwriters"), pursuant to which the Underwriters will purchase, on a bought deal private placement basis, 13,369,000 units (the "Units") of the Company at a price of C$1.87 per Unit (the "Offering Price") for gross proceeds to the Company of C$25,000,030 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (a "Warrant Share") at a price of C$2.40 for a period of 24 months following the closing date (as defined below).
    The Company has agreed to grant the Underwriters an option to purchase up to an additional 2,674,000 Units at the Offering Price, exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering. If this option is exercised in full, an additional C$5,000,380 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be C$30,000,410.
    The Company also announces that Eric Sprott, through 2176423 Ontario Ltd., has agreed to purchase C$10,000,000 of the Offering. On completion of the Offering, Eric Sprott will own 11.3% of the issued and outstanding shares of the Company on a partially diluted basis (excludes potential shares issued from the Option).
    The net proceeds from the Offering will be used to advance the Panuco project, as well as for working capital and general corporate purposes.
    The Units will be offered for sale by way of private placement pursuant to applicable exemptions from the prospectus requirements in all of the Provinces of Canada. The Underwriters will also be entitled to offer the Units for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction.
    The Offering is scheduled to close on or about July 30, 2020 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.
    This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "1933 Act") or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.
    About the Panuco project
    Vizsla has an option to acquire 100% of the newly consolidated 9,386.5 Ha Panuco district in southern Sinaloa, Mexico, near the city of Mazatlán. The option allows for the acquisition of over 75 km of total vein extent, a 500 tpd mill, 35 kms of underground mines, tailings facilities, roads, power and permits.
    The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.
    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.