Accusing Goldcorp Inc. of years of low-ball offers, Osisko Mining Corp. urged its shareholders on Monday to reject the $2.6-billion hostile bid from its larger gold mining rival.
Osisko Mining Corporation announces today that its Board of Directors, on the recommendation of its Special Committee, unanimously recommends that Osisko shareholders REJECT the hostile take-over bid launched by Goldcorp Inc. on January 14, 2014 and NOT TENDER their Osisko shares to the Goldcorp Offer.
2014 guidance of 135-150,000 gold equivalent ounces of production at cash cost of $750-$775
Record Quarterly Gold Production of 137,321 ounces at $713 per ounce.
Record Annual Gold Production of 475,277 ounces at $760 per ounce
Garibaldi Resources Corp. is pleased to provide an update on the first-ever diamond drilling program at its La Patilla Gold Property in Sinaloa State, Mexico, with the fifth hole of the shallow program currently in progress. Drilling started shortly before the Christmas break and resumed early this month.
Avino Silver & Gold Mines Ltd. is pleased to report its year end and Q4 2013 production results from its Avino property near Durango, Mexico.
Avino Silver & Gold Mines Ltd. is pleased to report its year end and Q4 2013 production results from its Avino property near Durango, Mexico.
Orestone Mining Corp. is pleased to announce that it has signed a five year option agreement with Kootenay Silver Inc. to earn a 60-per-cent interest in the 700 hectare Estrella de Oro gold exploration property located in Sonora State, Mexico approximately 200 kilometers southeast of the city of Hermosillo.
SOURCE EXPLORATION CORP. is pleased to announce the signing of a diamond drilling contract for commencement of its 2014 exploration program at the Las Minas property, Veracruz, State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,800 metres of drilling, scheduled to get underway in the fourth week of January. The main focus of the program will be on delineation of the higher-grade portions of skarn mineralization identified in earlier drilling at the Santa Cruz and Eldorado discovery areas, in preparation for an initial resource calculation on these zones.
Quaterra Resources Inc. today announced its intention to voluntarily delist its common shares from the NYSE MKT. The Company’s shares will continue to trade on the TSX Venture Exchange and the Company is applying to have its common shares traded on the OTCQX quotation system operated by the OTC Markets Group once the delisting from the NYSE MKT comes into effect. Scarsdale Equities LLC will act as the Company’s Principal American Liaison, responsible for providing guidance on OTCQX requirements.
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