VANCOUVER, July 30, 2018 /CNW/ - Goldplay Exploration
Ltd. (TSXV: GPLY, OTCQB: GLYXF - the "Company" or "Goldplay")
is pleased to announce that the Company has secured eligibility by
The Depository Trust Company ("DTC") for its shares on the
OTCQB. DTC is a subsidiary of the Depository Trust &
Clearing Corp. that manages the electronic clearing and settlement
of publicly traded companies in the United States. DTC
eligibility will simplify the process of trading and is expected to
enhance liquidity of the Company's common shares on the OTC
marketplace where Goldplay Exploration Ltd. now trades under the
symbol "GLYXF".
About Goldplay Exploration Ltd.
Goldplay owns a +250 square km exploration portfolio in the
Rosario Mining District, Sinaloa,
Mexico. Goldplay is focused on exploration activities that
include drilling, currently in progress at the El Habal Project, as
well as a planned surface exploration program, drilling and
resource expansion update at the recently acquired, advanced stage
San Marcial Project.
The San Marcial Project consists of 1,250 hectares, located
south of the La Rastra and
Plomosas historical mines and 20 km from the Company's 100% owned
El Habal Project in the historic (gold-silver) Rosario Mining
District, Sinaloa, Mexico. San
Marcial is an attractive near-surface high-grade silver, zinc and
lead project with a historical National Instrument 43-101 –
Standards of Disclosure for Mineral Projects ("NI 43-101")
(1) resource with an immediate opportunity for resource
expansion.
The El Habal Project is a drilling stage project with an ongoing
core drilling program. The 1,000
m long oxidized gold mineralized zone outcrops along a
series of rolling hills with evidence of historical shallow
underground mining along an additional 5 km. The nearby historical
Rosario Au-Ag Mine reportedly
operated for 250 years. Goldplay's team has over 30 years'
experience with senior roles in exploration, financing, and
development in the mining industry, including over ten years of
extensive exploration experience in the Rosario Mining District,
leading to previous successful discoveries. A current NI 43-101
report on The El Habal Project is filed on SEDAR.
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and
information that are based on the beliefs of management and reflect
the Company's current expectations. When used in this press
release, the words "estimate", "project", "belief", "anticipate",
"intend", "expect", "plan", "predict", "may" or "should" and the
negative of these words or such variations thereon or comparable
terminology are intended to identify forward-looking statements and
information. Such statements and information reflect the current
view of the Company. Risks and uncertainties that may cause actual
results to differ materially from those contemplated in those
forward-looking statements and information. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. THE FORWARD-LOOKING INFORMATION CONTAINED IN
THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF
THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO
CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE
ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE GOLDPLAY MAY ELECT TO, IT
DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR
TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
Mr. Marcio Fonseca,
P. Geo, President & CEO
Goldplay Exploration Ltd.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this press release.
SOURCE Goldplay Exploration Ltd