Exploration Update: Several Multi-Kilometer Silver Trends Identified at Cruz de Plata
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - CAPITAN MINING INC. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to provide an exploration update for its Cruz de Plata project. Highlights: New interpretation and analysis at Cruz de Plata based on data collected to date, identifies several important large trends that are prospective for future silver and gold discoveries:Jesus Maria Silver vein projects to a potential strike of 2.8 km Santa Teresa Silver vein projects a...
2023-05-24 7:00 AM EDT
Capitan Mining Inc. Announces Name Change to Capitan Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - CAPITAN MINING INC. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to announce that it will be changing its name to "Capitan Silver Corp to reflect its primary focus on the recently consolidated silver trend at the Cruz de Plata project in Durango, Mexico. The TSX Venture Exchange has approved the change of name and the Company will begin trading under its new name on March 23, 2023. Capitan Silver Corp. will continue to...
2023-03-20 7:00 AM EDT
Capitan Drills 1.5m of 1,532.8 g/t AgEq Within 16.8m of 224.3 g/t AgEq at Cruz De Plata Project; Expands Jesus María Vein.
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce final drill assays for five (5) drillholes, from the summer 2022 drill program at the Jesus Maria high-grade silver zone, located at the Cruz de Plata project in Durango, Mexico. Highlights: Hole 22-JMRC-22: Intersected 16.8m of 224.3 g/t AgEq, including 3.0m of 978.7 g/t AgEq, which includes 1.5m of 1,532.8 g/t AgEq, at the Gully Fault zone,...
2023-01-17 7:00 AM EST
Capitan Announces Consolidation of 2.5km Silver Trend at Cruz De Plata Project, Durango Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce that it has executed an option agreement with Minera Fresnillo S. A. de C. V. (a wholly owned subsidiary of Fresnillo plc), to acquire a 100% interest for the mineral rights to a key property at the Cruz de Plata Project. Highlights: Acquisition of key property between known silver zones at Jesus Maria and San Rafael allows Capitan to...
2022-12-06 7:00 AM EST
Capitan Mining Announces Closing of Final Tranche of Previously Announced Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce that it has closed the second and final tranche of the previously announced $3,200,000 non-brokered private placement (the "Offering"). The second and final tranche consists of 3,000,000 Common Shares at a price of CAD$0.20 per share for total proceeds of $600,000. The financing is led by strategic investments from both Mr. Michael Gentile,...
2022-11-02 7:00 AM EDT
Capitan Mining Announces closing of 1st Tranche of Private Placement and Welcomes Strategic Investments by Michael Gentile, CFA and Construplan
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to announce that it has closed the first tranche of the previously announced $3,200,000 non-brokered private placement (the "Offering"). This first tranche consists of 13,000,000 Common Shares at a price of CAD$0.20 per share for total proceeds of $2,600,000. The second and final tranche of 3,000,000 shares at a price of CAD$0.20 per share for total...
2022-10-24 7:00 AM EDT
Capitan Mining Announces Upsize of Non-Brokered Private Placement to C$3,200,000
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan") is pleased to announce its intention to increase the size of its previously announced non-brokered private placement from C$3,000,000 to C$3,200,000. The Company will issue up to 16,000,000 Common Shares for total gross proceeds of up to $3,200,000. Each Common Share will be issued at a price of $0.20. Capitan intends to use the net proceeds from the Private Placement to advance...
2022-10-07 3:08 PM EDT
Capitan Mining Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan") is pleased to announce its intention to raise C$3 million, by way of a non-brokered private placement of 15 million common shares (the "Shares") at a price of C$0.20 per Share (the "Private Placement"). Capitan intends to use the net proceeds from the Private Placement to advance drilling and work programs at the Cruz de Plata gold & silver project in addition to funding working...
2022-10-07 7:00 AM EDT
Capitan Mining Drills 1.5m of 307.53 g/t Ageq & 1.5m of 344.77 g/t Ageq Within a Wider Interval of 21.3m of 132.86 g/t Ageq at the Jesus Maria Vein
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report continued exploration results from five reverse circulation (RC) drillholes from the Jesus Maria silver zone at its 100%-owned Cruz de Plata Project (Formerly referred to as Peñoles), in Durango, Mexico. Highlights: Drill results extend high grade silver mineralization at Jesus Maria to depth; identifying a new higher grade silver zone, which...
2022-08-30 7:00 AM EDT
Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver Zone
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report continued exploration results from three (3) reverse circulation (RC) drillholes, as well provide an exploration update on the progress to date at its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project (Formerly referred to as Peñoles), Durango, Mexico. Highlights: Hole 22-JMRC-12: returned two high-grade intervals of 1.5m of 488.97...
2022-06-29 7:00 AM EDT
Capitan Mining Drills Best Intersection To Date: 1.5m Of 2,406 G/T Silver Equivalent Within 16.8m of 332 G/T Silver Equivalent At The Jesus Maria Silver Zone In Durango, Mexico
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report continued exploration results from five (5) reverse circulation drillholes at its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project (Formerly referred to as Peñoles), Durango, Mexico. Highlights: Hole 21-JMRC-10 (Upper Zone): returned 16.8m of 332 g/t AgEq beginning at 22m from surface and included:9.1m 538.7 g/t AgEq including; 1.5m...
2022-05-02 7:00 AM EDT
Capitan Mining Drills 1.5m of 860.2 g/t AgEq Within 10.7m of 435.02 g/t AgEq at the Jesus Maria Silver Zone in Durango, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report continued exploration results from its 100% owned Jesús María Silver Zone, at the Cruz de Plata Project (formerly referred to as the Peñoles 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...
2022-03-08 7:00 AM EST
Capitan Mining Drills 1,352 g/t Silver Eq over 1.5m & 1,177 g/t Silver Eq over 1.5m within 42.7m of 224.3 g/t Silver Eq at Jesus Maria Silver Deposit, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") 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 (5) separate high-grade intervals of: 1,352.3 g/t AgEq over 1.52m (1,271 g/t Ag, 0.53 g/t Au, 0.49% Pb...
2022-02-16 7:00 AM EST
Capitan Mining Drills 38.1m of 0.63 G/t AuEq Within a Broad Zone of 195.1m of 0.34 G/t AuEq. Makes New Discovery of Jesus María Style Silver Mineralization Beneath Capitan Hill Gold Deposit
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") 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 (JM) style silver mineralization (New) The second...
2022-01-24 7:00 AM EST
Capitan Mining Drills 35.1m of 0.42 g/t AuEq Including 4.6m of 1.1 g/t AuEq and Has Entered into an Agreement to Buyback All Outstanding Royalties at the Penoles Project
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for six reverse-circulation (RC) 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...
2022-01-13 7:00 AM EST
Capitan Mining Drills 76.2m of 0.4 g/t AuEq Including 18.3m of 0.7 g/t AuEq at the Capitan Gold Zone, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for five reverse-circulation (RC) 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...
2021-11-18 7:00 AM EST
Capitan Mining Drills 62.5m of 0.43 g/t Aueq Including 9.1m of 0.95 g/t Aueq at the Capitan Gold Deposit, Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for five reverse-circulation (RC) 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...
2021-10-14 7:00 AM EDT
Capitan Mining Drills 56.4m of 0.75 g/t AuEq Including 10.7m of 1.19 g/t AuEq at Capitan Gold Zone at the Peñoles Project
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for four reverse-circulation (RC) 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...
2021-07-07 7:00 AM EDT
Capitan Mining Announces Drill Results from Peñoles Project: Expands Gold Mineralization to Southwest and Southeast
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") 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...
2021-05-20 7:00 AM EDT
Capitan Mining Inc. Announces the Successful Closing of a $3.2 Million Non-Brokered Private Placement; Michael Gentile, CFA Increases His Strategic Investment in Capitan Mining with Market Purchases
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company"), is pleased to announce that it has closed its non-brokered equity financing previously announced on April 6, 2021 (the "Private Placement"). Pursuant to the Private Placement, Capitan issued 16,000,000 common shares at a price of C$0.20 per Common Share (the "Issue Price") for gross proceeds of C$3,200,000. There were no finders' fees paid on the Private Placement. The...
2021-05-07 8:00 AM EDT