Curated News
By: NewsRamp Editorial Staff
July 25, 2024
Regency Silver Corp Announces $2.5 Million Financing to Advance Dios Padre Drilling Program
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- Regency Silver Corp secures 2.5 million dollars through non-brokered private placement, reinforcing its exploration activities and potential economic gains.
- Drilling program at the Dios Padre project will be funded by the 2.5 million dollar private placement, allowing for immediate mobilization of the drill crew to explore high-grade mineralization.
- Regency Silver Corp's successful financing will advance exploration activities, potentially leading to the discovery of high-grade mineralization that could benefit the local community and shareholders.
- Hole REG-23-21 intersected 54.65 meters of 5.34 g/t gold, indicating a promising high-grade gold-copper-silver system, making it an exciting and potentially lucrative discovery.
Impact - Why it Matters
This news matters as it signifies Regency Silver Corp's commitment to advancing exploration activities and capitalizing on the substantial economic potential of the Dios Padre project.
Summary
Regency Silver Corp Executive Chairman Bruce Bragagnolo announced a non-brokered private placement for gross proceeds of up to 2.5 million dollars, emphasizing the company's commitment to advancing its exploration activities. The company is excited to continue their drilling program at the Dios Padre project, with promising results indicating the presence of a high-grade, high-sulphidation gold-copper-silver system.
Previous drill results have been encouraging, with significant intersections of gold, copper, and silver. This financing will enable Regency Silver Corp to further explore and capitalize on the substantial economic potential of the Dios Padre project.
Contact Details: Proactive North America, +1 604-688-8158, na-editorial@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/regency-silver-corp-announces-2-5-million-financing-to-advance-dios-padre-drilling-program-305902398
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Regency Silver Corp Announces $2.5 Million Financing to Advance Dios Padre Drilling Program
