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Dieppe, New Brunswick (Newsfile Corp. - May 11, 2021) - Colibri Resource Corporation (TSXV: CBI) ( Colibri or the Company ) is pleased to announce that its partner, Tocvan Ventures Corp. ( Tocvan ) has reported its progress regarding the Phase 2 drill program at the Pilar Gold & Silver Project. Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project. For full details of the agreement see Colibri s news release dated September 24th, 2019.
To date, eleven (11) drill holes have been completed for a total of 1,811 meters (see Illustration 1). Samples for the first five holes have been submitted to ALS Labs in Hermosillo, the remaining samples from the holes completed to date will be submitted later this week. Initial drilling has focused on the extension of the Main Zone by testing down-dip extensions of mineralization and stepping out along strike. Drill has now shifted towards testing new targets at th
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Dieppe, New Brunswick (Newsfile Corp. - May 11, 2021) - Colibri Resource Corporation (TSXV: CBI) ( Colibri or the Company ) is pleased to announce that its partner, Tocvan Ventures Corp. ( Tocvan ) has reported its progress regarding the Phase 2 drill program at the Pilar Gold & Silver Project. Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project. For full details of the agreement see Colibri s news release dated September 24th, 2019.
To date, eleven (11) drill holes have been completed for a total of 1,811 meters (see Illustration 1). Samples for the first five holes have been submitted to ALS Labs in Hermosillo, the remaining samples from the holes completed to date will be submitted later this week. Initial drilling has focused on the extension of the Main Zone by testing down-dip extensions of mineralization and stepping out along strike. Drill has now shifted towards
Graystone Company Announces Subsidiary for Bitcoin Mining Operations and Objectives for 2021
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FORT LAUDERDALE, Fla., May 10, 2021 /PRNewswire/ Graystone Company, Inc. (OTC: GYST) announced today that it has formed a separate operating subsidiary. All of the company s Bitcoin Mining will be conducted through a wholly owned subsidiary, Graystone Mining, Inc.
Terahash are the units used to measure speed of the mining hardware for mining Bitcoin, with a TH/s equaling one trillion hash calculations computed per second. Due to the production and technical differences among the various BTC mining equipment available, from this point forward, the company will always discuss mining operations in terms of TH/s and will make its purchasing and acquisition decisions based on the following calculations:
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AUSTIN, Texas, May 10, 2021 /PRNewswire/ Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today first quarter 2021 consolidated net earnings of $62.1 million, or $17.57 per diluted Class A common share, compared with a consolidated net loss of $2.1 million, or $0.58 per diluted Class A common share, for 2020. The Company s book value per share as of March 31, 2021 was $673.95.
The Company reported total revenues for the quarter, excluding realized and unrealized gains on index options and investments, of $200.9 million in 2021 compared to $155.6 million in 2020. Mr. Moody noted that the Company s revenues benefited from a previously announced reinsurance transaction executed at the end of 2020. We achieved our goal last year of transferring a block of annuity business which was experiencing compression on profit margins with a reinsurance transactio
Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
Toronto, Ontario (Newsfile Corp. - May 10, 2021) -
Maritime Resources Corp. (TSXV: MAE) ( Maritime or the Company ) is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ( Hammerdown or the Project ) from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King s Point and Springdale.
The proposed Project consists of the construction, operation, decommissioning and remediation of an open pit and underground gold mine, an on-site crushing and sorting plant and associated infrastructure located on the footprint of a brownfield mine site. Final mineral processing to gold dore would occur offsite at the Nugget Pond gold circuit, approximately 140 km by highway from the Hammerdown project site. Maritime recently announced the purchase of th