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Silver Wolf Exploration Ltd. reports exploration and financing developments tied to the Ana Maria property in Mexico. Company updates center on diamond drilling, geological modeling and assay results from the El Soldado Claim, where the company has described carbonate replacement deposit-style silver, lead and zinc targets, as well as skarn targeting on the La Recompensa claim.
Recurring news also covers capital actions used to fund exploration, including unit financings with common shares and warrants, related-party participation, TSX Venture Exchange matters and working-capital disclosures. Silver Wolf has also discussed exploration targeting tools, including VRIFY prospectivity mapping, as part of its Ana Maria drill planning.
Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF) has successfully completed a non-brokered private placement, closing at 4,014,400 Units at an offering price of $0.15 per share, raising a total of $602,160. Each Unit consists of one common share and one warrant, allowing holders to purchase additional shares at $0.25 for 18 months. Notably, two company officers participated, acquiring 300,000 Units. The proceeds will support ongoing drilling at the Ana Maria property in Mexico and general working capital needs. The shares are subject to a 4-month hold period.
Silver Wolf Exploration Ltd. announced a non-brokered private placement to issue up to 4 million units at C$0.15 per unit, aiming for gross proceeds of C$600,000. Each unit includes one common share and a warrant exercisable at $0.25 for 18 months. The offering is subject to TSX Venture Exchange approval and will be available to accredited investors. Funds raised will support exploration on the Ana Maria property in Mexico and general working capital. The Private Placement is limited to specific exemptions from prospectus requirements and carries a regulatory hold of four months plus a day.
Silver Wolf Exploration Ltd. has appointed Vic Chevillon to its Technical Advisory Board, bringing over 50 years of mineral exploration experience. Chevillon has a strong track record, credited with significant discoveries, including the Cordero silver resource in Mexico. His expertise is expected to benefit Silver Wolf's exploration efforts, particularly at its Ana Mara and El Laberinto properties in Mexico. President Peter Latta expressed enthusiasm over Chevillon's appointment, highlighting his potential to enhance the company's technical capabilities as they aim for new discoveries.
Silver Wolf Exploration Ltd. (OTCQB:SWLFF) has released encouraging assay results from 88 grab samples from the Ana Maria Property, located near Gómez Palacio. The samples reveal high-grade lead and silver, confirming the area's potential for significant mineralization. The geological survey is ongoing, focusing on the southern claim, with plans to refine drill targets based on the geological structures. The final geophysical data interpretation is expected soon to corroborate these targets. Additionally, the company has granted stock options for 1,830,000 shares at $0.20 each.
Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF) reports its 2021 accomplishments and outlines 2022 objectives. Key achievements include signing an option agreement with Avino for 2,500 Ha of properties, completing a NI 43-101-compliant Technical Report, and significant channel sampling results (37.0 g/t Au & 7.6% Zn). The company aims to interpret geophysics data, define drill targets, and mobilize drilling equipment in 2022, focusing on shareholder value and efficient capital use.
Silver Wolf Exploration Ltd. (OTCQB:SWLFF) announced positive assay results from 114 samples at the Ana Maria Property in Mexico, a 2,549-hectare site within a renowned silver belt. These results confirm a previously identified mineralized skarn structure, indicating potential for significant new discoveries. High-grade zinc, lead, and silver values were recorded, particularly in the southern claim. The company is executing its exploration plan and has initiated a geophysical survey to finalize drill targets planned for 2022, while also applying to expand its land package.
Silver Wolf Exploration Ltd. (TSXV:SWLF)(OTCQB:SWLFF) has successfully closed a non-brokered private placement totaling 790,000 Units at $0.25 per share, generating gross proceeds of $197,500. Each Unit consists of one common share and a warrant, allowing purchase of additional shares at $0.35 for 18 months. Two officers participated, totaling 70,000 Units. Proceeds will fund the drill program on the Ana Maria property and general working capital. The offering is subject to TSX Venture Exchange approval.
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Silver Wolf Exploration Ltd. (OTCQB:SWLFF) announced assay results from 336 grab samples collected during the second phase of exploration at the Ana Maria Property, located near Gómez Palacio in Mexico. The results indicate potential economic mineralization in the skarn structure along a 4.1 km contact. The field geologists focused on mapping and sampling, revealing notable copper, lead, and zinc grades. Future work will include geophysical surveys to refine drill targets. The ongoing exploration adheres to the NI 43-101 technical report, with updates expected as new data emerges.
Silver Wolf Exploration Ltd. (OTCQB:SWLFF) announced its common shares are now DTC eligible for electronic clearing and settlement in the United States. This eligibility will enhance liquidity and simplify trading for both existing and potential new investors. The Ana Maria Property, located in Mexico's prolific silver region, emphasizes the company's focus on resource discovery. Silver Wolf aims for responsible mining practices while contributing to a greener future. The company declared its commitment to the environment by supporting the re-establishment of the Mexican Gray Wolf population.