Michael Gentile announces that he has filed an early warning report announcing the acquisition of 487,500 common shares in the capital of Capitan Mining Inc. Prior to the completion of the Acquisition, Gentile beneficially owned and controlled, directly or indirectly, an aggregate of 9,158,500 Shares, representing approximately 17.02% of the Company's issued and outstanding Common Shares on an undiluted and partially [...]
Capitan Mining Inc. is pleased to report continued exploration results from its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project , Durango, Mexico. Highlights: Hole 21-JMRC03 returned 435.02 g/t AgEq over 10.7m from the Jesus Maria Silver Zone, including three higher-grade intervals of: 798.29 g/t AgEq over 1.5m 860.19 g/t AgEq over 1.5m 641.0 g/t AgEq over 1.5m New gold-silver zone discovered to the north [...]
Capitan Mining Inc. is pleased to report results from its 2021/22 Phase I drill program at the Jesús María polymetallic Silver Deposit, at the Peñoles project, Durango, Mexico. Highlights Hole 21-JMRC-01 returned 42.7m of 224.3 g/t AgEq, starting at an 18.3m depth and includes five separate high-grade intervals of: 1,352.3 g/t AgEq over 1.52m 1,177.2 g/t AgEq over 1.52m 368.3 g/t AgEq over 1.52m 337.7 g/t AgEq over 3.0m [...]
Capitan Mining Inc. is pleased to report results from drillhole 21-CARC-29 and regional surface work from its fall work program at the Peñoles project, Durango, Mexico. Highlights: RC Hole: 21-CARC-29 intersected 38.1m of 0.63g/t AuEq within a broad zone of 195.1m of 0.34g/t AuEq and intersected a second interval with Jesus Maria style silver mineralization The second interval in Hole 21-CARC-29, is located immediately [...]
Capitan Mining Inc. is pleased to report results for six reverse-circulation drill holes from the Capitan Hill oxide-gold deposit, at its 100%-owned Peñoles project in Durango, Mexico. In addition, management is also pleased to report that after several months of negotiation they have entered into a purchase agreement to acquire a portfolio of royalties including a 2% royalty on the Capitan Gold oxide deposit from [...]
Capitan Mining Inc. is pleased to report results for five reverse-circulation drill holes from the Capitan oxide-gold deposit, at its 100%-owned Peñoles project in Durango, Mexico. Highlights: All drill holes successfully intersected both the main Capitan zone and the Hanging Wall zone Hole 21-CARC-40 returned 76.2m of 0.4 g/t Aueq including 18.3m of 0.70 g/t Aueq Hole 21-CARC-39 intersected wide zones of gold [...]
Capitan Mining Inc. is pleased to report results for five reverse-circulation drill holes from the Capitan oxide-gold deposit, at its 100%-owned Peñoles project in Durango, Mexico. Highlights: Hole 21-CARC-36 intersected 62.5m of 0.43g/t Aueq, including a higher-grade interval of 9.1m of 0.95 g/t Aueq Holes 21-CARC-35, 37 and 38 successfully expanded gold mineralization down-dip between 50 and 150m Hole 21-CARC-38 [...]
Capitan Mining Inc. is pleased to report results for four reverse-circulation drill holes from the Capitan oxide-gold deposit, at its 100%-owned Peñoles project in Durango, Mexico. Highlights: Hole 21-CARC-33 returned 56.4m at 0.75 g/t Aueq, including a higher-grade interval of 10.7m grading 1.19 g/t Aueq Hole 21-CARC-31 returned a higher-grade interval of 29m at 0.55 g/t Aueq from the Capitan Main Zone which was within a [...]
Capitan Mining Inc. is pleased to report results from eight drill holes from its 2021 program on the Capitan gold zone. Highlights: Hole 21-CARC-24 returned 10.7m @ 0.56 g/t Aueq within a larger interval of 42.7m @ 0.34 g/t Aueq All reported drill holes herein returned Capitan style mineralization, over significant width's To date the Capitan gold zone has been traced for 1.2 kilometres along strike and up to 450 metres [...]
Michael Gentile announces that he has filed an early warning report announcing the acquisition of 8,000,000 common shares in the capital of Capitan Mining Inc. Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, an aggregate of 1,158,500 Shares, representing approximately 3.07% of Capitan Mining's issued and outstanding Shares on an undiluted and partially [...]
Capitan Mining Inc. is pleased to announce that it has closed its non-brokered equity financing previously announced on April 6, 2021. Pursuant to the Private Placement, Capitan issued 16,000,000 common shares at a price of C$0.20 per Common Share for gross proceeds of C$3,200,000. There were no finders' fees paid on the Private Placement. The proceeds received by the Company will be primarily used to advance exploration [...]
Capitan Mining Inc. is pleased to announce its intention to raise C$3,200,000, by way of a non-brokered private placement of 16,000,000 common shares at a price of C$0.20 per Share . The financing is led by a strategic investment of C$1,600,000 by Mr. Michael Gentile, CFA which will increase his position in Capitan Mining to 15.3%. "I'm very pleased to make this strategic investment in Capitan Mining. From my perspective [...]
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