Plata Latina Minerals Corporation is pleased to announce results from three additional drill holes completed from its most recent drill program on its Naranjillo project located in Guanajuato State, Mexico.
Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that the Company has received USD$4.5 million from Anglo-Asia Resource Partners, representing the first installment of payments in their previously announced Copper Stream Agreement. Anglo-Asia is a private Hong Kong based partnership that is focused on procuring precious and base metals for the Asian market. On June 5th, 2013, Amarium entered into a Copper Stream Agreement with Anglo-Asia, for an initial payment of US$8.75 million. A second installment of USD$4.25 million is expected to be completed later this fall, as the expansion project at the Jovita mill continues to progress. Under the terms of the Copper Stream Agreement, Anglo-Asia is entitled to 18% of the monthly production at Jovita, but is also required to make ongoing payments of $0.75 per pound of copper.
Riverside Resources Inc. is pleased to announce that an additional $300,000 has been received from its alliance partner, Hochschild Mining Plc, for target definition at the Company’s Clemente project in Sonora, Mexico. The additional funds will be used to carry out further mapping, geochemistry and trenching work this fall to refine targets ahead of potential drill testing in early 2014. Target Definition funding will provide Riverside and Hochschild an opportunity to further evaluate and advance Alliance properties as potential Designated Projects before entering the earn-in stage of the agreement. Once a project is selected as a DP, Hochschild can earn a 65% interest by spending $5M in exploration over four years and making a one-time cash payment to Riverside of $3M.
Sierra Metals Inc. is pleased to announce that development in the Santa Eduwiges mine at its Cusi property has opened two new areas of bonanza grade silver mineralization, the Monaco and Veta del Contacto areas. In addition, on-going mapping and sampling of the La Gloria vein at its Cusi property has returned high grades of silver over significant strike lengths. Moreover, mapping of the Milagro and San Rafael veins gave encouraging visual results.
Avino Silver and Gold Mines Ltd. is pleased to announce the August 2013 production results from its San Gonzalo mine and Historic Avino Mine surface stockpile operations located on the Avino property near Durango, Mexico.
Cream Minerals Ltd. announces that Cream and John Walter Communications Inc. have agreed to mutually terminate the investors relations agreement effective September 5, 2013. The change to the Company’s investor relations services is intended as a cost cutting measure while the corporate reorganization and financing proceeds. Cream thanks John Walters President, JWCI for his commitment to Cream and the quality service he provided to the Company.
The Silver Bull Resources team is pleased to update you on recent media activity on the company and our rapidly advancing flagship Sierra Mojada project.
NSX Silver Inc. has recently completed a strategic review of its Mexican exploration property portfolio, taking into consideration the exploration results generated to date and an evaluation of the risk-reward profile associated with undertaking further exploration for each of its mining concessions. As a result of this review, the directors of NSX Silver have determined that the Company’s future exploration efforts will be best positioned by focusing on its three wholly-owned mining concessions (Oso Blanco, Oso Blanco 2 and Piedras del Norte) comprising approximately 6,000 hectares and located in Sonora State. The work completed on these concessions to date has identified several mineralized zones which NSX Silver’s technical consultants consider to have excellent potential for further discoveries.
Orex Minerals Inc. announces a non-brokered private placement financing of 2,680,700 Units of the Company at a price of $0.25 per Unit for gross proceeds of $670,175. Each Unit will consist of one common share and one half of a common share purchase warrant. Each whole Warrant will be exercisable for one common share at $0.30 for a period of 24 months from closing.
Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that Caza Gold has closed a convertible note of CAD$120,000.
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