In return for more than doubling its share float, a Halifax junior exploration company has gained access to the equivalent of $1-billion worth of Mexican precious metals, according to an independent report.
Lone Star Gold, Inc. is pleased to announce it has made arrangements with a local processing plant to receive up to 200 tons per day of washed concentrate from the Company’s Tailings Project. The Tailings Project represents 1.2 million tons of mine tailings near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.
Goldcorp Inc. is pleased to declare its sixth monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, June 14, 2012 will be entitled to receive payment of this dividend on Friday, June 22, 2012. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.
Riverside Resources Inc. and its partner, Sierra Madre Developments are pleased to announce drill results including 20.9 meters of 1.01 g/t gold from the first two drill holes completed as part of the 2012 drill program at the El Capitan Target (a bulk tonnage oxide gold target), which forms part of the Company’s Peñoles Project in Durango, Mexico. Drilling in 2011 tested approximately 60% of the strike extent of the zone and the objective of the current drill program (funded by Sierra Madre) is to test the down-dip extent, further test the westward strike extension, and provide sufficient drill hole density for an initial resource calculation on the El Capitan gold zone.
Excellon Resources Inc. Mexico’s highest grade silver producer, announces that effective June 1, 2012, Mr. Jeremy Wyeth, Chief Executive Officer has resigned from the Company to pursue other interests.
Capstone Mining Corp. today announced that Mr. Kalidas Madhavpeddi has been appointed to Capstone’s board of directors, effective June 1, 2012.
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