Evrim Resources Corp. is pleased to announce that it has entered into an agreement with a private Mexican company to sell two non-core exploration properties in northwestern Mexico in exchange for net smelter return royalties. Evrim will transfer a 100% interest in the La Lola and Cumaro properties in exchange for a respective 2% NSR and 1% NSR on any future production. Evrim has also obtained a future right of a 0.5% NSR [...]
Evrim Resources and Renaissance Gold are pleased to announce that they have entered into an agreement to combine in a merger-of-equals in which Evrim will acquire all of the outstanding common shares of Renaissance through a share exchange transaction to create a new company, to be named Orogen Royalties Inc. Orogen will focus on project generation as has been the history of both Evrim and Renaissance but with a renewed [...]
Evrim Resources Corp. has been advised by its partner, Newmont FN Holdings ULC, a subsidiary of Newmont Corp., that it is relinquishing its option to earn up to an 80% interest in the Astro Project, NWT, Canada and terminating the Mackenzie Alliance. Evrim President & CEO Paddy Nicol stated, "We would like to thank Newmont for their exploration expertise and financial support over the past three years. Exploration work [...]
Evrim Resources Corp. is pleased to announce an update to the gold-silver resource on the Ermitaño Project in Sonora, Mexico. Property owner First Majestic Silver Corp. announced a 15% increase in grade and a 345% increase in contained silver-equivalent ounces in the indicated resource for year-end 2019 compared to the 2018 indicated resource. Ermitaño is located approximately four kilometres from First [...]
Evrim Resources Corp. announces that it has terminated the option agreement with Harvest Gold Corporation on the Cerro Cascaron project in southwestern Chihuahua, Mexico. Evrim and Harvest Gold Corporation completed two seasons of exploration and ten diamond drill holes at Cerro Cascaron. Drilling results included 20.10 grams per tonne gold and 22.5 g/t silver over one metre in drill hole SPT18-01 at the Serpiente Dorada [...]
Evrim Resources Corp. is pleased to provide an update on the development of the Ermitaño gold-silver deposit in Sonora, Mexico. The Ermitaño deposit, owned by First Majestic Silver Corp., is located four kilometres from First Majestic's Santa Elena Mine. Evrim holds a 2% net smelter return royalty on Ermitaño, and the project is expected to commence production in the first quarter of 2021 [...]
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