Osisko Discovers New Near Surface High-Grade Gold Zone at Windfall

TORONTO, May 28, 2019  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to announce the discovery of a new shallow gold bearing zone at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
The new zone (“Windfall North”) was discovered in a previously unexplored area 350 metres north of the main deposit, and consists of gold-bearing quartz veins hosted in a silica-carbonate-sericite alteration envelope locally up to six metres wide. Mineralization occurs between 50 metres - 275 metres vertical depth from surface and remains open at depth and along strike, as two sub-parallel zones following the same general trend of the main deposit (zones plunging at 45 degrees NE).
 
Osisko President and Chief Executive Officer John Burzynski commented:  “Our extensive drill program at Windfall is continuing to deliver positive results on infill, expansion and exploration near the main deposit.  This new shallow high-grade discovery is a very positive sign that there is good potential to add new ounces near surface.  We expect to continue to grow the size of our deposit as we advance our work at Windfall, both near surface and with our deep drilling program.”
Read more: Osisko Mining Inc ( OSK )

Durango Receives Detailed Drill Proposal for Windfall Barry

Vancouver, BC / May 15, 2019 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB-ATOXF), (the " Company " or " Durango ") announces that 15 high priority targets have been delineated for drilling by a compilation of geological, geochemical, airborne and Induced Polarization (" IP ") surveys on its wholly owned Trove Property located within the Windfall-Barry gold camp.
 
The proposed drill program comprises 3,025 meters to be drilled in 25 diamond drill holes on the 15 high priority targets. The targets for mineralization are located at depths between 50m and 100m below surface so drill holes will have an average length of 120m. Similarities in the geological, geochemical and geophysical signatures are extremely encouraging for the upcoming drilling campaign.
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St Barbara to Acquire Atlantic in Friendly Offer for C$802 Million (Note 2)

/NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES/
 
Canadian Dollars unless otherwise noted
 
VANCOUVER, May 14, 2019  Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with St Barbara Ltd. (ASX: SBM) ("St Barbara"), signed on May 14, 2019, pursuant to which St Barbara will acquire 100% of all issued and outstanding shares of Atlantic by way of Plan of Arrangement (the "Transaction"). Under the terms of the Transaction, Atlantic shareholders will receive C$2.90 in cash per Atlantic share held plus shares in a company ("SpinCo") that holds Atlantic's interests in Velocity Minerals Ltd. (TSX-V: VLC) ("Velocity"), which will be distributed to Atlantic shareholders on a pro-rata basis following completion of the Transaction.
 
The C$2.90 per share cash consideration implies a total equity value for Atlantic of approximately C$7221million and a total enterprise value of C$8022 million. SpinCo implies additional consideration of approximately C$12 million to Atlantic shareholders, or approximately C$0.05 per Atlantic share, for total cash plus SpinCo consideration of approximately C$2.95 per share. The C$2.95 per share offer represents a 41.1% premium to the closing price of Atlantic shares on the TSX Venture Exchange ("TSX-V") on May 14, 2019 and a 40.8% premium to the volume weighted average price ("VWAP") of Atlantic shares over the last 30 trading days. 
Read more: Atlantic Gold Corporation ( AGB )

First Majestic Reports First Quarter Financial Results

VANCOUVER, British Columbia, May 09, 2019 -- FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2019. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.
 
FIRST QUARTER 2019 HIGHLIGHTS
Silver equivalent production of 6.3 million ounces, down 3% compared to Q4 2018
Pure silver production of 3.3 million ounces, up 2% compared to Q4 2018  
Revenues for the quarter was $86.8 million, up 17% compared to Q4 2018
Mine operating earnings of $10.3 million, up 214% compared to Q4 2018
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GT Gold Announces a C$17.6 Million Financing and Strategic Investment by Newmont Goldcorp Corporation for Exploration at the Tatogga Property

VANCOUVER, British Columbia, May 09, 2019  -- GT Gold Corp. ("GT Gold" or the “Company”) (TSX.V: GTT) is pleased to announce a C$17.6 million financing and strategic investment by Newmont Goldcorp Corporation(“Newmont Goldcorp”) (NYSE: NEM, TSX: NGT) which will accelerate the exploration and development activities at the Tatogga property in British Columbia.
 
The financing will consist of a C$17.6 million private placement of 11,489,601 flow-through common shares priced at $1.53 per flow-through common share. Pursuant to the financing, Newmont Goldcorp has agreed to acquire 11,489,601 common shares as a back-end purchaser. Upon completion of the offering, Newmont Goldcorp will own 9.9% of GT Gold’s outstanding shares.
Read more: GT Gold Corp ( GTT )

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