Junior roundup: GoldQuest, Inca Minerals, Cyprium
Vancouver's GoldQuest Mining closed a previously announced bought deal private placement of shares for total gross proceeds of Cdn$5.75mn (US$4.53mn), according to a statement.
The net proceeds from the offering will be used for exploration drilling, land acquisition, general haul road preparatory work and general corporate purposes. GoldQuest is focused on projects in the Dominican Republic.
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The shares of Australia's Inca Minerals will resume trading on the Australian Securities Exchange on June 15 following a trading halt request pending the release of a capital raise announcement, a securities filing said.
Inca has projects in Peru and Australia.
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Montreal-based Cyprium Mining reported results from 35 underground samples taken as part of its ongoing exploration of the Potosí silver mine in Mexico, a press release said.
The average of seven samples from level 4 yielded average values of 578g/t silver, 4.99% lead and 2.8% zinc over an average sample width of 1.65m, and two samples from level 3 yielded averages of 100g/t silver, 2.79% lead and 8.43% zinc over 1.45m.
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News in: Mining & Metals (Dominican Republic)
Output slips at top LatAm gold mines
Total production at 10 of Latin America’s top mines falls as grades decline.
Energy and Mines and the Public Administration of the Dominican Republic agree on a reform plan
Energy and Mines and Public Administration agree reform plan...
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Other projects in: Mining & Metals
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Other companies in: Mining & Metals (Dominican Republic)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
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*This is an archived company in the BNamericas database. If you need an update on this company and its operations, please Ask Us.* Santo Mining is a gold exploration company whi...
- Company: Dominicana de Cales S.A. (DOCALSA)
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