Focus Ventures Ltd. announces results from its Reventon project in Mexico. Focus’ subsidiary, Minera Oro Pacific S.A. de C.V., holds an option agreement covering Reventon with Grupo Northair de Mexico S.A. de C.V., a subsidiary of International Northair Mines Ltd.
Catalyst Copper Corp. announces that it is undertaking an offering of $300,000 in convertible notes, an increase from the original offering of $150,000 of Notes announced in its press release dated August 20, 2013.
Teck Resources Limited announced today the appointment of Andrew Golding as Senior Vice President, Corporate Development, effective September 16, 2013. Mr. Golding will succeed Ron Vance, who decided earlier this year to retire, effective February 28, 2014.
McEwen Mining Inc. is pleased to announce the promotion of Ian Ball from Senior Vice President to President of the company. Ian has been with the company since late 2005 and has been instrumental in advancing the development of our Mexican assets. In particular, the discovery of El Gallo 2 silver deposit and restarting of El Gallo 1 gold mine and its current expansion. All work has been completed under budget and on schedule.
Quaterra Resources Inc. announced today the successful closing of its private placement offering, as previously announced on August 9, 2013 and September 5, 2013, for gross proceeds of US$2,981,000.
Bacanora Minerals Inc. is pleased to announce that it has agreed with its joint venture partner, Rare Earth Minerals PLC, to a Stage 2 exploration and drilling program on the El Sauz, Fleur and new staked concessions which form a part of the Sonora Lithium Project in northern Mexico.
Big North Graphite Corp. announces that subject to TSX Venture Exchange acceptance, it has closed an expedited private placement of 2,666,667 units at $0.075 per Unit for total gross proceeds of $200,000.
Alta Vista Ventures Ltd. is pleased to announce that it has assigned an open ended term of exclusivity for its wholly owned Orofino Property located in Sonora State, Mexico to Argonaut Gold Inc.
International Millennium Mining Corp. reports the Company’s results for its fiscal year 2013 second quarter ended June 30, 2013.
Chesapeake Gold Corp. wishes to report on the 2013 activities and related developments going forward on its 100% owned Metates gold-silver project located in Durango State, Mexico. Based on the NI 43-101 Pre-Feasibility Study Technical Report dated March 18, 2013 (available on the Company’s website or at SEDAR), Metates hosts proven and probable reserves of 18.5 million ounces of gold and 526 million ounces of silver, making it one of the largest known undeveloped gold and silver deposits in the world. The pre-feasibility study (“PFS”) also indicates that once in operation, Metates could produce an average of 659,000 ounces gold and 15.9 million ounces silver annually over a 25 year mine life at projected cash costs of $493 per ounce of gold equivalent, net of zinc credits.
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