MONTREAL, May 20, 2021  -- Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the "Corporation"), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced its board of directors approved a 33 percent increase to the Corporation's monthly dividend. The new monthly cash dividend will increase to C$0.0067 from C$0.0050 and on an annual basis to C$0.08 from C$0.06 per common share, a 33 percent increase. 

 

The Corporation continues to perform well, and this dividend increase reflects its solid cashflows and financial situation consistent with its operational and strategic objectives.

 

President and CEO Jean Martineau states, "We are delighted to announce today's news of the 33 percent dividend increase. We declared our first dividend back in August of 2018, and after fifteen payments will have increased the dividend paid to shareholders by 100 percent. Today's dividend increase announcement, together with our active stock repurchase program, signifies our commitment to return cash to our shareholders. As we advance, we are confident in our ability to continue to elevate our operations, earnings, and cash flow, supporting continued dividend increases in the future."

VANCOUVER, BC /  May 20, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to report diamond drill core results from the 2021 Phase 3 infill and exploration drilling program at the Snip gold project ("Snip" or the "Project") located in the Golden Triangle of British Columbia. The Phase 3 program is designed to upgrade areas of existing Inferred resources from the Company's 2020 Mineral Resource Estimate (MRE), to the Measured and Indicated categories. Reference images are presented at the end of this release as well as on the Company's website.

 

Snip 2021 Phase 3 Drilling Highlights:

 

155.76 g/t Au over 3.22 m (S21-076)

140.50 g/t Au over 0.50 m (S21-078)

8.40 g/t Au over 3.00 m (S21-080)

61.30 g/t Au over 0.50 m (S21-083)

 

True widths range from 60-90% of reported core lengths. Length weighted Au composites are constrained by geological considerations. Grade-capping of individual assays has not been applied to the Au assays informing the length-weighted Au composites. Samples below detection limit were nulled to a value of zero.

TORONTO, May 18, 2021 -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

Significant new analytical results presented below include 61 intercepts in 20 drill holes (15 from surface, 5 from underground) and 9 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17,2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are located in a defined zone or corridor but do not yet correlate to a specific wireframe.

 

Osisko Chief Executive Officer John Burzynski commented: “Today’s drilling results in the Main Zone areas of Windfall, including Underdog, mirror the results reported over the past weeks in Lynx: infill drilling continues to define grade continuity inside our MRE blocks and expansion drilling is adding ounces in the immediate surrounding areas. All infill and expansion drilling at Windfall is in support of our upcoming feasibility study.”

TORONTO, ON / May 18, 2021 / Fury Gold Mines Limited (TSX:FURY)(NYSE American:FURY) ("Fury" or the "Company") is pleased to announce the results from four out of five drill holes into the Snake Lake structure one kilometre (km) east of the known resource at the Eau Claire deposit located in the Eeyou Istchee Territory in the James Bay region of Quebec. Drill hole 21EC-018 intersected 94.1 g/t gold (Au) over 0.5m, extending high-grade mineralization 840 metres (m) down dip and drill hole 21SL-001 intersected 7.51 g/t gold over 2m, representing a 150m step-out from historical high-grade drill holes (Figure 1).

 

In addition, a new mineralized horizon between the Eau Claire and Snake Lake structures was identified in the volcanic package where intervals of 19.6 g/t gold over 0.5m and 2.85 g/t gold over 5m (21SL-001) were intersected. These intercepts are located in an area where quartz-feldspar porphyry dykes are associated with abundant quartz-tourmaline veining (Figure 2). This geological setting and style of mineralization is similar to the Eau Claire deposit. Results from the four exploration holes are listed below (Table 1).