Guanajuato Silver / GSVR / GSVRF (TSX, OTC)

VanGold Mining wird wohl binnen Rekordzeit, auch wenn der Name eher Gold vermuten lassen könnte, zu einem neuen Silber-Produzenten in Mexiko.

https://vangoldmining.com

Die aktuelle Präsentation:

https://vangoldmining.com/imag…on_Nov._09_2020_v.1.2.pdf

Ich hatte im Oktober hier das erste Mal auf VGLD aufmerksam gemacht, vermute aber es ist im Thread von Santacruz eher untergegangen:

Santacruz Silver Mining / SZSMF (OTC)

Kurz zu VanGold:

Man besitzt mit der 400 Jahre alten Pinguico Mine in Mexiko eine der hochgradigsten ehemaligen Silberminen überhaupt. Diese ist direkt im Silvereldorado um Guanajuato City, wo sich ebenfalls Endeavour Silver und Great Panther Mining tummeln. In den letzten Wochen wurden bereits etliche Vorbereitungen vorgenommen, um die Mine baldmöglichst wieder in Gang zu bringen:

https://ceo.ca/@accesswire/van…leared-the-pinguico-shaft

The Company has completed clearing the Pinguico shaft of fallen rocks and debris to adit Level 7 in order to access this area of the El Pinguico mine. This shaft was one of three exterior shafts that were used historically at the mine prior to production ending in 1913.

Hier könnt ihr euch die entsprechenden Videos dazu anschauen, da kommt Goldgräberstimmung auf:

https://vangoldmining.com/investors/videos#vidthree

Gestern kam die Knaller-Nachricht, der Erwerb der stillgelegten El Cubo Mine von Endeavour Silver:

Endeavour Silver Corp./ EDR, EXK (TSX, NYSE)

Mein Posting dazu, denke einen erneuten Text zu schreiben spare ich mir:

Vangold Mining wird hier imho zunächst lediglich die Mill abbauen und um die 400 Jahre alten Pinguico Mine neu aufbauen. Darum ging es Vangold insbesondere bei diesem Deal. Pinguico war historisch eine der reichhaltigsten Silberminen überhaupt, man spricht von 4000g auf eine Tonne [Blockierte Grafik: https://www.goldseiten-forum.com/wcf/images/smilies/love.png] der Schacht wurde bereits in den letzten Woche runderneuert und geprüft, es fehlte lediglich ne Mill. Man ist hier bis auf 700 Meter Tiefe bereits jetzt komplett zugänglich, absolut sensationell. Ich muss jetzt aufhören zu schwärmen, aber schaut es euch am besten selbst mal an.

Gestern war ich mir noch nicht im Klaren, wie nahe El Cubo und Pinguico beieinander liegen, daher ging ich davon aus, man wird das Ding abbauen. Nun habe ich heute Nacht gemerkt, dass man lediglich 7,5km voneinander entfernt liegt. Gute Straßenverbindungen inklusive. Wenn ihr mich fragt, war das eine taktische Meisterleistung des CEO James Anderson.

Hier noch mal die erste News, die noch von Endeavour Silver herausgegeben wurde:

Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for US$15 Million Plus Additional Contingent Payments

VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) (“Endeavour”) announces that it has signed a binding Letter Agreement (“Agreement”) to sell its El Cubo Mine and related assets to VanGold Mining Corp. (“VanGold”) for US$15 million in cash and share payments plus additional contingent payments (the “Transaction”).

Bradford Cooke, CEO of Endeavour commented, “We are pleased to enter into this transaction to sell our El Cubo assets to VanGold. They are an ideal fit given the proximity of the Pinguico property to the El Cubo plant. We will become VanGold’s largest shareholder and look forward to supporting the VanGold team as they advance the Pinguico and El Cubo assets through exploration and development to production.”

VanGold will pay US$15.0 million to Endeavour for the El Cubo assets as follows:

• US $0.5 million non-refundable cash down-payment
• US$7.0 million cash on closing on or before March 17, 2021
• US$5.0 million in VanGold common shares on closing – priced at C$0.30 per share for a total of 21,331,058 VanGold shares representing 16.1% of VanGold’s updated share capital
• US$2.5 million unsecured promissory note due and payable within 12 months from closing

Endeavour has agreed to abstain from voting its shares of VanGold, other than as recommended by VanGold’s management for a period of 2 years after closing and a 12-month restriction on the resale of any VanGold shares acquired in this transaction.

VanGold has also agreed to pay Endeavour up to an additional US$3.0 million in contingent payments based on the following events:

• US$1.0 million - upon VanGold producing 3,000,000 Silver Equivalent ounces from the El Cubo mill.
• US$1.0 million - if the price of gold closes at or above US$2,000 per ounce for 20 consecutive days within two years after closing.
• US$1.0 million - if the price of gold closes at or above US$2,200 per ounce for 20 consecutive days within three years after closing.

Closing of the Transaction is subject to satisfaction of certain conditions including final due diligence by VanGold, financing and receipt of all requisite third party and regulatory approvals including the acceptance of the TSXV on or before March 17, 2021, failing which either VanGold or Endeavour may terminate the Agreement.

Quelle:
edrsilver.com/English/news/def…ional-Contingent-Payments

Kürzel geändert 11.2021
Edel

VanGold Mining steht seit gestern auf Trading-Halt, die Nachricht wird sich als Gamechanger erweisen.

Wie es derzeit ausschaut, wird man mit einer Verwässerung von nur 16% oder 20 Millionen Aktien an Endeavour Mining zu einem gut verhandelten Bewertungspreis von 0,30 CAD und damit bereits 10% über dem Schlusskurs von Donnerstag zum Produzenten! Um eine weitere Verwässerung zu vermeiden, hat CEO Anderson es tatsächlich geschafft, eine Silver-Gold-Loan-Facility mit einem Schweizer Metallhändler abzuschließen, was für uns Aktionäre natürlich im wahrsten Sinne des Wortes Gold (und Silber) wert ist.

Wenn man bedenkt, dass der aktuelle Aktienkurs von 0,27 CAD bei 107 Millionen Aktien (plus 30 Mio Warrants bis 0,50 CAD) gerade einmal einer Marktkapitalisierung von 30 Mio CAD entsprach, wird das Aufwärtspotential überdeutlich. Bis vorherige Woche dachte ich noch, Santacruz Mining wäre die günstigste Mine, aber VanGold Mining könnte das alle noch mal in den Schatten stellen.

Über die Anzahl der Unzen in El Cubo kann ich, da ich an Endeavour nie interessiert war, nichts genaues sagen. Die Mill jedoch wurde wohl 2013 für damals um die 68 Mio CAD$ generalüberholt, was den Wert dieses Deals nochmals unterstreicht. Leistung liegt bei 1500 Tonnen/Tag. Zusätzlich besitzt man mit der El Cubo Mine die zusätzliche Option, bei deutlich steigenden Silberpreisen Endeavour´s Mine wieder zu eröffnen. Vielleicht wäre das Ding auch aktuell schon wieder gewinnbringend, immerhin hatte Endeavour bei Silberpreisen um 16-17 USD stillgelegt...

Hier heute Nacht dann die Meldung von VanGold zu den Einzelheiten des Deals:

https://ceo.ca/@accesswire/van…-mine-mill-from-endeavour

VanGold to Acquire El Cubo Mine & Mill from Endeavour Silver Corp

Signs Financing Term Sheet for US$7.5m Silver/Gold Loan Facility

VANCOUVER, BC / ACCESSWIRE / December 18, 2020 / VanGold Mining Corp (the "Company" or "VanGold") (TSXV:VGLD) is pleased to announce that it has signed a binding letter agreement with Endeavour Silver Corp. ("Endeavour") (EXK)(EDR) to acquire the El Cubo mine and mill complex located 8km by road northeast of the Company's El Pinguico silver-gold project near the city of Guanajuato, Mexico.
El Cubo Complex:
The Company has signed a binding letter agreement with Endeavour (the "Endeavour Agreement") to acquire the El Cubo Mine and Mill complex (the "El Cubo Complex"). With a rated capacity of 1,500 tonnes per day, the El Cubo Complex included two operating underground silver-gold mines and a flotation plant and employed over 350 people and engaged over 200 contractors until Endeavour suspended operations at the end of November 2019. For the year ended December 31, 2018, Endeavour produced a total of 4,578,940 silver equivalent (AgEq) ounces at the El Cubo Complex at an all in sustaining cost (AISC) per ounce of US$8.86 (2019 - 1,923,944 AgEq ounces at an AISC of US$14.85).
Currently, the El Cubo mine, plant and tailings facilities are on short term care and maintenance and VanGold intends to re-start the mill at approximately 750 tonnes per day using mineralized material from its surface and underground stockpiles at its El Pinguico project as a significant portion of its estimated throughput for the first 36 months of operation.
VanGold Director Daniel J. Oliver said, "[i]This is a transformational acquisition for VanGold Mining. Our preliminary internal financial model shows a swift path to restarting production, a favorable payback period, and robust cash flows with silver at US$23 and gold at US$1850."
As part of the El Cubo Complex, VanGold will acquire the El Cubo mine including remaining historical resources (see "Mining History of El Cubo Complex" below), the El Cubo mill (also known as the El Tajo mill), and approximately 7,000 hectares of prospective mining concessions located adjacent to the El Cubo mill and within the greater Guanajuato mine region. The Endeavour Agreement remains subject to acceptance of the TSX Venture Exchange (the "TSXV").
Mining History of El Cubo Complex:
Mining on the El Cubo Complex has occurred since the 17th century. The Sierra structure, which includes the El Cubo Mine and the adjacent Peregrina Mine …., accounts for much of the gold and silver produced in the Guanajuato district - on the order of 2,000,000 ounces of gold and 80,000,000 ounces of silver.[ii] Gold was originally mined from shallow pits near the San Eusebio vein, one of those on the El Cubo concessions which later produced significant amounts of gold and silver. In the 19th and 20th centuries, mining at El Cubo focused on northwest striking veins known as the Villalpando, Dolores, La Loca, and La Fortuna, and production was divided between many operators… At the time, significant grades and widths were encountered on the Villalpando vein, including shoots up to 4 m wide and intercepts which assayed close to 1 kg of silver per tonne. (Source: NI 43-101 Technical Report prepared for Endeavour Silver Corp. by Hard Rock Consulting LLC., of Lakewood Colorado - Amended March 2018).
As reported by Endeavor on January 29, 2020 [iii], as at December 31, 2019, the El Cubo Complex contained the following silver-gold resources:

VanGold is not treating these estimates as current mineral resources as a qualified person on behalf of VanGold has not done sufficient work [iv] to classify these estimates as current resources. [v]
The Endeavour Agreement:
Chairman and CEO James Anderson said: "We are delighted to have come to this agreement with Endeavour - and look forward to welcoming Endeavour as our largest shareholder. After working well with the Endeavour team during our 1,000-tonne bulk sample in June 2020, it became clear that El Cubo would be the perfect production fit for VanGold. The availability of mineralised material from El Pinguico's surface stockpile, El Pinguico's underground stockpile, El Pinguico's remaining high grade historical stopes and pillars, as well as El Cubo's historical resources gives us great flexibility in deciding where to source material for the mill, and how to sequence that throughput."

....

Die Details zum Kaufpreis habe ich gekürzt, da das Posting zu lang wird, stehen aber im vorherigen Meldung von Endeavour Mining.

....

Closing of the Endeavour Agreement is subject to satisfaction of certain conditions including final due diligence by VanGold, financing (see "Financing for the Acquisition" below) and receipt of all requisite third party and regulatory approvals including the acceptance of the TSXV on or before March 17, 2021, failing which either VanGold or Endeavour may terminate the Endeavour Agreement.
About Endeavour: Endeavour Silver Corp. is a mid-tier precious metals mining company listed on the NYSE as EXK and TSX as EDR. Endeavour owns and operates three underground silver-gold mines in Mexico and is currently advancing the Terronera Mine Project towards a development decision. Endeavour is also exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.

Financing for the Acquisition:
VanGold also announces that it has signed an indicative term sheet with a Swiss based metals trading firm to provide US$7.5m of financing in the form of a gold and silver loan in support of VanGold's acquisition of the El Cubo Complex. The loan will be for a term of 16 months, secured against VanGold's assets and repayable over a period of 12 months (following a four month grace period) by VanGold delivering fixed monthly ounces of gold and silver produced through the El Cubo mill at a discount to the prevailing spot price. VanGold estimates the amount of gold and silver required to repay this loan facility will represent approximately 33% of the projected gold and silver to be recovered by VanGold from operations at the El Cubo mill during the 12 month repayment period of the loan. This financing is subject to various conditions of the lender including completion of satisfactory due diligence, execution of binding loan and security documentation and TSXV acceptance, which both parties anticipate completing in early 2021.

"James Anderson"
Chairman and CEO

@zuekuenftiger

Ich schätze deine Beiträge wirklich sehr, aber du siehst das ein oder andere Vorhaben imho zu kritisch. Dafür hast du zuletzt hier und auch auf CEO.ca ja sogar deine Schelte bekommen, was ich wiederum genauso wenig befürworte. Wir sollten uns bei der kritischen Bewertung alle im Klaren sein: wir investieren hier absolutes High-Risk-Capital. Dafür haben wir aber die Chance, bei einem Bewertungslevel von 28 Mio CAD$ (ich bin seit 13 Mio CAD$ Bewertung dabei) in einer möglichen Edelmetallhausse einen Silberproduzenten mit im besten Fall dann drei Minen zu investieren. High-Risk-Capital bedeutet für mich: von 10 Unternehmen bleiben zwei Tenbagger und 8 Reinfälle und mein Kapital hat sich in etwa verdoppelt. Ich bin 35 Jahre alt und könnte es verschmerzen, mein eingesetztes Kapital zu verlieren, denn ich habe im besten Fall noch genügend Jahre vor mir, um es mir wieder zu holen. In meinen nun 22 Jahren Börse habe ich einen Fehler gemacht: ich war teils viel zu risikoavers unterwegs. Das liegt vielfach an dieser deutschen Buchhaltermentalität, wir suchen lieber den Fehler im Detail anstatt die Chance aufzugreifen. Während meines Studiums in Australien habe ich unter anderem Innovationsmanagement belegt. Da waren neben den Einheimischen zur Hälfte in etwa Chinesen, Araber (überwiegend aus den Emiraten) und Amerikaner. Schwer in Worte zu fassen, was die Mentalitätsunterschiede in der Anfangszeit mit einem machen. Du sitzt zu Beginn in der Vorlesung und denkst bei jedem Einwurf "ja, aber..:" oder "nein, das geht nicht"... Ich habe mir dieses Denken in den letzten Jahren Gott sei Dank abgewöhnt. Wir alle wissen, dass die Macher im Hintergrund wesentlich wichtiger sind als ein gutes Projekt. Da habe ich bei Anderson und Oliver von VanGold Mining ein absolut gutes Gefühl. Die Jungs mögen ursprünglich aus dem Investmentbanking (wie ich übrigens auch ) sein, ihre Kontakte in die Finanzbranche haben uns hier aber vor einer Verwässerung wie bei so fast jeder Klitsche auf dem Sprung zum Produzenten bewahrt. Für mich spricht da auch nichts dagegen. Letztlich zeigen beide doch nur, dass sie noch ein Stück cleverer sind als wir: unsereins versucht immerhin in Minen dabei zu sein, die beiden machen ihre eigene auf. Wie war das noch? Dilettanten überfallen eine Bank, die wahren Meister gründen ihre eigene... Wir Deutsche wissen doch nur zu gut, dass der beste Ingenieur über den Tisch gezogen wird, wenn er von Finanzen nichts versteht. Ein Unterrichtsfach "Wirtschaft" anstatt "Sozialkunde" würde unserem Land mal gut tun, aber das ist ein anderes Thema. Und abschließend zu den Ressourcen: das da unten ist ein Silver-Eldorado, der Boden glänzt nur so. Nur weil noch nicht gebohrt wurde, heißt das nicht, dass da nichts mehr liegt. Ist übrigens die gleiche Buchhaltermentalität, die ich oben meinte. In dem Moment, in dem De Grey, Great Bear oder Chalice was nachweisen können, sind die Pfründe doch schon verteilt. Da möchte ich eben am Anfang dabei sein und gehe das Risiko dann auch ein. Wie gesagt @zukuenftiger, du bist ein feiner Kerl und ich schätze deine Beiträge. Aber egal ob es eine Metallic, Vizsla oder auch VanGold ist - das Zeug ist hochriskant. Macht für mich aber gerade den Reiz aus.

Glück auf - auf ein gutes Jahr 2021

Zitat von Minehunter

Hi matthiasch,Sehr interessant was du schreibst und beeindruckend dass du trotz jungen Jahren bereits auf langjährige Börsenerfahrung zurückgreifen kannst.

Bin etwas älter als du, aber erst seit ca. 3 Jahren mit Minenaktien und Börse allgemein unterwegs.

Mich würde interessieren ob du momentan zu 100% auf Minenaktien setzt oder hälst du noch andere Werte für aussichtsreich?

Bin über jeden Tipp dankbar

Viele Grüße und viel Glück
Minehunter

Alles anzeigen

Hi Minehunter, ich habe tatsächlich zuletzt alle Aktien, die nicht im Rohstoffsektor unterwegs sind, verkauft. Dies hatte vor allem den Grund, da ich so noch mal an frische Liquidität kommen konnte. Setze neben Gold und Silber vor allem auf Kupfer, Zink und seltene Erden (neben LREE vor allem die noch vernachlässigten HREE).

Zitat von Wurschtler

Hat du dafür ein paar Beispiele? (wäre vielleicht was für den Rohstoff-Thread)

Nur noch ganz kurz hier, der ein oder andere wurde aber schon mal irgendwo erwähnt - glaube in einem Depotthread.

- Northern Minerals
- Ucore
- Appia Energy

Als Kupferexplorer habe ich nur Max Resources.

Zitat von delta12

habt ihr ne Meinung wie Vangold nach dem Halt starten könnte?

VGLD wird aktuell etwa mit 0,34 Can$ getaxt, wenn man das so sagen kann. Da liegen gleich viele Pakete im Bid/Ask.

Derweil gab es eine Kapitalerhöhung zur endgültigen Finanzierung des Vorhabens - 10% über dem Kurs des Trading-Halts zu 0,30 Can$. Ähnliches wird zwecks Finanzierung von Zimapan sicher auch bei Santacruz passieren, aber das ist ein anderes Thema.

VanGold Placement $12,600,000

VANCOUVER, BC / ACCESSWIRE / January 19, 2021 / VanGold Mining Corp (the "Company" or "VanGold") (TSXV:VGLD) announces that due to increased demand and to allow for participation from existing security holders who may not otherwise qualify as accredited investors, the Company has expanded the size of its non-brokered private placement financing announced December 23, 2020 (the "Private Placement"). The Private Placement will now consist of a total of 42,000,000 units ("Units") at a price of $0.30 per Unit for gross proceeds of $12,600,000. Each Unit will consist of one common share of the Company and one half (1/2) of a common share purchase warrant (each whole warrant a "Warrant"); with each Warrant entitling the holder to purchase an additional common share of the Company at a price of $0.45 within three years of closing, subject to acceleration in certain events. All other terms of the Private Placement as announced on December 23, 2020 remain the same.
The Private Placement remains subject to acceptance of the TSX Venture Exchange (the "TSXV") and is expected to close immediately prior to or concurrent with the Company's acquisition of the El Cubo mine and mill complex ("El Cubo"). The Company may pay finder's fees in cash, shares and/or warrants to certain finders in connection with the sale of Units in accordance with the policies of the TSXV and all securities issued pursuant to the Private Placement will be subject to a four month hold period from the date of closing.
Reinstatement of Trading:
The Company has submitted documentation pertaining to its acquisition of El Cubo (the "Acquisition"), as well as the Company's budget and financing plans in relation to the Acquisition, to the TSXV for review. Upon completion of that review process the Company expects its shares to be reinstated for trading on the TSXV.
El Cubo Mine and Mill:
On December 18, 2020 the Company announced it had signed a binding LOI with Endeavour Silver Corp. (the "Endeavour Agreement") to acquire El Cubo. Click here to see full news release. The El Cubo plant and tailings facilities are currently on short term care and maintenance and VanGold intends to re-start the mill at approximately 750 tonnes per day using mineralized material from its existing surface and underground stockpiles at El Pinguico as a significant portion of its estimated throughput for the first 36 months of operation.
As reported by Endeavour on January 29, 2020 , as at December 31, 2019, El Cubo contained the following silver-gold resources:

VanGold is not treating these estimates as current mineral resources as a qualified person on behalf of VanGold has not done sufficient work [ii] to classify these estimates as current resources. [iii] However, as such resources were derived from 19 different veins on the property, the Company believes El Cubo hosts excellent exploration possibilities for the future.
Under the Endeavour Agreement, VanGold will acquire the El Cubo mine, the El Cubo mill (known also as the El Tajo mill), and approximately 7,000 hectares of prospective mining concessions located adjacent to the El Cubo mill and within the greater Guanajuato mine region. The Acquisition remains subject to acceptance of the TSXV.
VanGold's El Pinguico Project:
El Pinguico is a high-grade gold and silver deposit that was mined from the early 1890s until 1913. Toward the end of that period it was mined exclusively by The Pinguico Mines Company of New York City, whose shares traded on the Boston and New York Stock Exchanges. The mining was done principally from the El Pinguico and El Carmen veins, which are thought to be splays off the Mother Vein, or ‘Veta Madre'.
The Veta Madre is associated with a mega fault that outcrops for 25 kilometres and is the most important source of precious metal mineralization in the region. Current geologic interpretation, based on regional mapping and projections from the Veta Madre developed at adjacent historic mine operations, suggest that the Veta Madre vein system may cross VanGold's property at depth, underneath the high grade El Pinguico and El Carmen veins. Very limited drilling has been done on the property and no drilling has yet attempted to encounter the Veta Madre at depth. The intersection of these major vein structures are excellent exploration targets and may result in zones of significant size and grades.
Hernan Dorado Smith, a director of VanGold and a "qualified person" as defined by National Instrument 43-101, [i]Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release.
Existing Securityholder Exemption within the Private Placement.
The Private Placement is being made pursuant to certain exemptions from the prospectus requirements in Canada to "accredited investors", "family members, close friends and business associates" of directors and executive officers of the Company, and now to existing shareholders of the Company under the "existing securityholder exemption" (the "Existing Securityholder Exemption"). The Company has allocated up to a maximum of 1,500,000 Units for gross proceeds of up to $450,000 for sale to existing shareholders under the Existing Securityholder Exemption on a "first come first serve".
For existing shareholders, the Private Placement is available to all shareholders of the Company as at January 15, 2021, (the "Record Date") who satisfy the criteria for participating in the Private Placement under the Existing Securityholder Exemption including that the shareholder: (a) was a shareholder of the Company on the Record Date (and is still a shareholder), (b) is purchasing the Units as a principal (i.e. for their own account and not for any other party), (c) may not purchase more than C$15,000 of securities from the Company in any 12 month period unless the shareholder has obtained advice regarding suitability of the investment from a registered investment dealer; and (d) must execute and deliver a subscription agreement in the required form which includes the requirements of the Existing Securityholder Exemption. Any persons who become shareholders of the Company after the Record Date are not permitted to participate in the Private Placement using the Existing Securityholder Exemption, but other exemptions may still be available to them. Shareholders interested in participating in the Private Placement under the Existing Securityholder Exemption should consult with their investor advisor or contact the Company as soon as possible as this portion of the Private Placement will be allocated on a first come first serve basis such that a subscription received from an existing shareholder may not be accepted by the Company if the allocation under the Existing Securityholder Exemption is over subscribed.
The Company plans to allocate the gross proceeds raised under the Existing Shareholder Exemption in the amount of $450,000 (assuming the Existing Shareholder Exemption is fully subscribed for) towards the refurbishment of the El Cubo mill for operation ($300,000) and the delineation and development of the historic resources identified by Endeavour Silver Corp. ($150,000).
About VanGold Mining Corp.
VanGold Mining is an exploration and development company engaged in reactivating high-grade past producing silver and gold mines near the city of Guanajuato, Mexico. The Company's El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. The Company remains focused on the near-term potential for development and monetization of its surface and underground stockpiles of mineralized material at El Pinguico, and in delineating silver and gold resources through underground and surface drilling on projects located in this historic mining camp.
ON BEHALF OF THE BOARD OF DIRECTORS
"James Anderson"
Chairman and CEO

https://ceo.ca/@accesswire/van…ses-placement-to-12600000

Kapitalerhöhung ist zu 0,30 CAD komplett durch und wurde mehrfach erhöht.

Schaut euch das Video an, man macht seit Mitte 2020 bereits gemeinsame Sache mit Endeavour. So wie es aussieht verspricht sich Endeavour selbst den größten Gewinn über die Beteiligung an VGLD zu machen und hat die Mill und Mine daher so preisgünstig weitergegeben.

PEA ist da, die Tage dürfte es weitergehen:

VanGold PEA Outlines 7 Year Mine Life

Tuesday, February 16, 2021 10:07 AM

Company Update
New Resource Est. of 7.2 M oz. Indicated and 20.4 M oz. Inferred AgEq
VANCOUVER, BC / ACCESSWIRE / February 16, 2021 / Further to the Company's proposed acquisition of the El Cubo mine and mill complex ("El Cubo") from Endeavour Silver Corp. ("Endeavour") announced December 18, 2020, VanGold Mining Corp. (the "Company" or "VanGold") (TSXV:VGLD) is pleased to announce positive results from its Preliminary Economic Assessment (the "PEA") for the combined El Cubo and El Pinguico project south of the city of Guanajuato, Mexico (together the "Combined Project"). Details of the PEA including the Company's maiden Mineral Resource estimate will be provided in a NI 43-101 technical report with an effective date of January 31, 2021 and an issue date of February 12, 2021(the "PEA Report") to be filed under the Company's profile on SEDAR within 45 days. The PEA Report is being prepared by Behre Dolbear & Company (USA), Inc., independent mineral industry advisors ("Behre" - see "About Behre Dolbear" below) with the assistance of other independent consultants.

https://www.accesswire.com/629…Outlines-7-Year-Mine-Life