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 drilling and work programs...
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 remains open (See Figure 1: Updated long section)Hole 22-JMRC-19...
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 g/t AgEq and 1.5m of 328.25 g/t AgEq within 21.3m...
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 of 2,406.3 g/t AgEq - Best Intersection to...
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 1.5m860.19 g/t AgEq over 1.5m 641.0 g/t AgEq over 1.5m ...
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.HighlightsHole 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 and 0.65% Zn) 1,177.2 g/t AgEq...
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 interval in Hole 21-CARC-29, is located immediately below the Capitan Hill Main...
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 the Capitan Gold oxide deposit...
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 zoneHole 21-CARC-40 returned 76.2m of 0.4 g/t Aueq including 18.3m of 0.70 g/t AueqHole 21-CARC-39 intersected wide zones of gold mineralization over multiple intervals, with 161 of 292.6m...
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 between 50 and 150m Hole 21-CARC-38 increased total length of Capitan deposit to approximately...
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 AueqHole 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 continuous interval of...
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 AueqAll reported drill holes herein returned Capitan style mineralization, over significant width'sTo date the Capitan gold zone has been traced for 1.2 kilometres along strike and up to 450 metres down-dip...
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 proceeds received by the Company will be...
2021-05-07 8:00 AM EDT
Capitan Mining Announces Non-Brokered C$3,200,000 Private Placement and Welcomes Strategic Investment by Michael Gentile, CFA
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan") 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 (the "Shares") at a price of C$0.20 per Share (the "Private Placement"). 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....
2021-04-06 6:55 AM EDT
Capitan Mining Drills 33.5 Metres of 0.4 g/t Gold Equivalent at Penoles Project; Continues to Successfully Expand Gold Mineralization Along Strike
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report ongoing drill results from its previously announced 6,000m drill program at the El Capitan gold zone.Highlights:All holes successfully tested and returned Capitan Style oxide gold mineralization over significant widthsRC Hole 21-CARC-19: intersected 33.5m of 0.4 g/t gold equivalentRC Holes 21-CARC-19 and 20 extended mineralized zones along strike (to the west) as well as down-dip, and showed improving grades...
2021-03-08 7:00 AM EST
Capitan Mining Drills 64m of 0.59 g/t Gold Equivalent; Including 25.8m of 0.87g/t Gold Equivalent, and Provides Review on 2020 Drilling Campaign
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report the last two drill holes of its 2020 drilling program. These holes are part of a larger ongoing 6,000m drill program targeting the El Capitan oxide gold zone at the 100% owned Peñoles Project in Durango, Mexico.Highlights Include:20- CARC-16 intersected 64m of 0.59 g/t gold equivalent; including 25.8m of 0.87 g/t gold equivalent20-CARC 17 intersected 35.1m of 0.33 g/t AuEq...
2021-02-17 7:00 AM EST
Capitan Mining Drills 58 Meters of 0.94 g/t Gold Equivalent; Including 18.3 Meters of 2.04 g/t Gold Equivalent, at Penoles Project in Durango, Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for five drill holes. Release Highlights:20-CARC-11 intersected 57.9 m of 0.94 g/t AuEq including 18.3 m of 2.04 g/t AuEq.20-CARC-13 intersected 100.6 m of 0.42 g/t AuEq including 21.3 m of 0.67 AuEq.New drilling has confirmed that Capitan Hill gold mineralization continues along strike to the east, over 250 m beyond the 2015 43-101 resource and remains...
2021-01-11 7:00 AM EST
Capitan Mining Drills 36.6 metres of 0.91 g/t Gold Equivalent Within Larger Interval of 73.15 metres of 0.63 g/t Gold Equivalent; Continues to Expand Capitan Gold Zone
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2020) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for three drill holes from its on-going 6,000 metre reverse circulation (RC) drill program at the Peñoles Project (the "Project") in Durango, Mexico, drill holes 20-CARC-08, 20-CARC09 and 20-CARC-12.Drill Highlights:RC Hole 20-CARC-12: intersected 36.5 m of 0.91 g/t Au equivalent* within a larger interval of 73.15 m of 0.63 g/t gold equivalent; This hole also intersected significant widths of...
2020-12-16 7:30 AM EST
Capitan Mining Expands Known Gold Mineralization at the Penoles Gold Project in Durango, Mexico; Drills 45.7 Metres of 0.63 g/t Gold Within Larger Interval of 111.3 Metres of 0.34 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Capitan Mining Inc. (TSXV: CAPT) ("Capitan" or the "Company") is pleased to report results for the first seven drill holes from the current and on-going 6,000 metre reverse circulation (RC) drill program at the Peñoles Project (the "Project") in Durango, Mexico. This initial drill campaign is focused on testing the continuity of known gold-silver zones at the Capitan Hill Deposit, both along strike and down-dip of the March 2015, 43-101 compliant,...
2020-11-30 8:00 AM EST