Fortuna Silver Mines, Inc. is pleased to announce updated Mineral Reserve and Mineral Resource estimates as of December 31, 2013 for the Caylloma Mine located in Arequipa, Peru and for the San Jose Mine located in Oaxaca, Mexico.
San Juan drill intersections include 10.343 g/t gold over 3.19 meters
and 1,218.1 g/t silver over 1.17 meters
The price of iron ore on Monday continued its fight back from seven-month lows hit last week, as Chinese stockpiles and imports continue to grow rapidly.
SilverCrest Mines Inc. is pleased to announce results of further delineation underground drilling completed in Q4, 2013 at the Santa Elena Mine in Sonora, Mexico. Twenty two closely-spaced (est. 25 metres) underground drill holes, totaling 1,590 metres have been completed to better define underground resources and verify widths and grades for the first planned production stopes to be mined in 2014 (see table below and attached Figure: http://media3.marketwire.com/docs/svlfig0217.jpg). The results of all holes included in this news release will be part of a resource update scheduled to be completed in H2 2014.
MAG Silver Corp. is pleased to provide an update on its exploration and development projects in Mexico. At December 31, 2013, the Company had cash of US$25 million, which is sufficient to maintain all of its properties and currently planned programs through 2014 and into 2015.
Starcore International Mines Ltd. announces production results for the fiscal 2014 second quarter, ending January 31, 2014, at its San Martin Mine in Queretaro, Mexico. For the third consecutive fiscal quarter, the San Martin mine has produced more than 6,000 gold equivalent ounces.
Innophos Holdings, Inc. today announced that its annual meeting of stockholders will take place on Tuesday, May 20, 2014 at the Princeton Marriott Hotel in Princeton, New Jersey. The record date for the stockholders entitled to vote at the meeting has been fixed as the close of business on April 8, 2014.
Baja Mining Corp. announces that it has notified the Toronto Stock Exchange that it will voluntarily delist the Company’s securities from trading on the TSX and that it has applied to the TSX Venture Exchange to obtain a Tier 2 listing. The Company’s goal is to work with the TSX and the TSXV to coordinate the transition of the Company’s listing between the two exchanges and to ensure that trading in its securities will continue uninterrupted. The TSXV’s consideration of the Company’s listing application is in progress, and the Company will provide an update on the status of its application upon completion of the TSXV’s review.
El Tigre Silver Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 6,000,000 units of the Company for aggregate gross proceeds of $1,500,000. Each Unit consists of a common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.38 per share, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than $0.50, then at the Company’s discretion, it may, within 10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Kootenay Silver Inc. is pleased to provide an update on geological mapping and prospecting on its 100% owned Cervantes Gold/Copper Porphyry prospect located approximately 50 km northeast of its flagship Promontorio Silver resource in Sonora, Mexico. Based on geologic observations, the Company believes Cervantes has potential for hosting leachable gold resources, the thesis of which can be tested at a relatively low cost. The current work is part of a regional discovery program that is focused on multiple mineralized systems identified to the northeast and northwest of the Promontorio diatreme. The prospective systems form the basis of newly identified large mineralized belts trending northwest and northeast.
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