Russell Ball, CEO of Calibre stated: “Since closing the transaction with B2Gold in October 2019, I am very pleased with the team’s accomplishments including delivering on guidance with production of 33,506 ounces at AISC of $959/oz. We continue to see opportunities for improved efficiencies as we integrate the two operations to maximize the value from our combined asset base.
The Company intends to use the net proceeds from the Offering for exploration on the Company’s Peruvian exploration properties and for working capital and general corporate purposes.
Mr. Craig Dalziel, President of Oroco, stated, “This registration completes an arduous and complicated 10 year private and public acquisition process that will deliver tremendous value to the shareholders of Oroco. The Company is now in position to undertake the second major phase of its corporate development plans with the immediate acceleration of its exploration activities at Santo Tomás and its ultimate objective of positioning the project as a world-class acquisition target.
In this exclusive interview, Rick Rule of Sprott USA along with Dr. John-Mark Staude of Riverside Resources sit down with Maurice Jackson of Proven and Probable to discuss what may be the best value proposition in exploration, Prospect Generators. This interview will address the ambiguity that many speculators have regarding the prospect generator business model.
Viewers will gain a valuable insight into why one of the most successful investment minds places a high degree of confidence into the prospect generator business model, has he first defines in his own words to many virtues that prospect generators provide to the Market. We caveat the thesis by introducing Riverside Resources, a prospect generator with generative projects throughout Mexico and Canada.
In addition, Riverside Resources has a highly regarded exploration team with history of discoveries and advancing multiple projects through JVs and strategic partnerships. The company has an extensive project portfolio with diverse commodity exposure with a 75,000+ location database ($20M+ in past investment) Gold-Silver resource project + new discovery drilling in 2020 and new partnerships in 2020, with no debt and tightly held shares.
The net proceeds from the Offering will be used to advance exploration on the Company’s current projects ($300,000), for generation of new projects ($400,000), marketing of projects to funding partners ($150,000) and the remainder for general corporate purposes. The financing is subject to final approval from the TSX Venture Exchange.
Skyhabour Resources is pleased to announce that it has commenced its 2020 winter diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan.
“Recent large-scale bulk samples reconcile well with our much smaller bulk samples collected mid-2019,” commented Quinton Hennigh, President, Chairman, and a Director of Novo Resources. “This gives us confidence that our approach of assessing grades of gravels utilizing 4×16 metre bulk sample panels is indeed effective and appears suitable for estimating resources of this very coarse gold system, a critical step as we advance the project to trial extraction and processing.
Investor Relations:
Leo Karabelas, VP of Corporate Communications Telephone: (416) 543-3120 E-mail: leo@novoresources.com
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