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
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...
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 widths RC Hole 21-CARC-19: intersected 33.5m of 0.4 g/t gold equivalent RC Holes 21-CARC-19 and 20 extended mineralized zones along...
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 equivalent 20-CARC 17...
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...
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...
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...
2020-11-30 8:00 AM EST