Day: 13 May 2022

Eloro Resources increases financing to $8.5M CAD

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Eloro Resources increases financing to $8.5M CAD
TORONTO –  Eloro Resources Ltd. (TSXV: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced that in connection with its previously announced bought deal financing, the Company and Cormark Securities Inc., have agreed to increase the size of the previously announced financing. The Underwriter has agreed to purchase, on a bought deal basis, 2,615,400 units of the Company at a price of C$3.25 per Unit for... Read More

Discovery Silver drills 337 g/t AgEq over 34 metres at Cordero, Mexico

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Discovery Silver drills 337 g/t AgEq over 34 metres at Cordero, Mexico
TORONTO – Discovery Silver Corp. reported results from 19 holes from its phase 2 drill program on its 100%-owned flagship Cordero silver project in Chihuahua, Mexico. The current set of results includes resource upgrade drilling for the Pre-Feasibility Study (PFS), planned for Q4 and expansion drilling of the PEA open pit and the resource pit. Highlights include drill... Read More