Big North Graphite Corp. announces that, further to its news releases of January 10, February 24 and March 13, 2014, the Company has closed on a total of 13,333,333 units at $0.06 per Unit for aggregate gross proceeds of $800,000. The final tranche closed on March 13, 2014 and consisted of 8,275,001 Units for gross proceeds of $496,500.
Galore Resources Inc. is pleased to announce the completion of a 1,000 line-kilometre (625 line-mile) Helicopter Airborne Gravity Gradiometer and High Sensitivity Magnetic Survey over approximately 10,000 hectares (24,700 acres) of the Dos Santos Property in northern Zacatecas State. The survey is the first phase of a two phase exploration program to cover areas of the property underlain by rocks of the same age as those that host gold-silver-zinc-lead deposits in the district at the Penasquito mine and the Camino Rojo property. Penasquito is Goldcorp’s world-class gold-silver producer and Mexico’s largest mine. Galore’s previous drill program at La Palma intersected encouraging geology in all twelve holes, including mineralization in three holes with metal ratios similar to the Penasquito deposit. Airborne gravity was chosen for its capability of detecting explosive diatreme intrusions like those hosting mineralization at the Penasquito mine.
Great Panther Silver Limited announces that the Company has regained possession of its administration building and plant facility at its Guanajuato Mine Complex.
La explotación de minas de oro en Tetela de Ocampo, al norte del estado, que busca realizar la empresa Frisco, propiedad del empresario Carlos Slim Helú, estarán condicionadas a la decisión de los habitantes, quienes hasta ahora se oponen, advierte la delegada de la Secretaría del Medio Ambiente y Recursos Naturales (Semarnat), Daniela Migoya Mastretta.
Camino Minerals Corporation announces that is has received final assay results from the recently completed reverse circulation drill program carried out at the Maijoma Project, located in Chihuahua State, Mexico.
Prospero Silver Corp. announces that Silver Standard Resources Inc. has decided not to proceed to the second year of drilling/evaluation pursuant to an option to joint venture agreement entered into in March 2013. Silver Standard completed a 15-hole 5,135 meter diamond drill program the results of which were provided in a news release dated March 3, 2014.
SilverCrest Mines Inc. is pleased to announce the completion of its prospectus offering announced on February 19, 2014 whereby the Company issued a total of 8,855,000 common shares at a price of $2.60 per common share for gross proceeds of $23,023,000, including exercise of the over-allotment option in full. The offering was led by Dundee Securities Ltd., and included National Bank Financial Inc., Raymond James Ltd. and PI Financial Corp. as underwriters.
Source Exploration Corp. is pleased to announce that seven new infill drill holes drilled at the El Dorado target of the Las Minas Project have confirmed the results outlined by earlier exploration drilling. The seven holes are part of a planned two phase program totaling approximately 2,800 metres of delineation drilling at the El Dorado and Santa Cruz discovery areas.
Primero Mining Corp. announced today that it has successfully produced the annual threshold of 3.5 million ounces of silver and will now begin selling 50% of the silver produced at San Dimas at spot prices for its own account until August 5, 2014. The Company estimates that it will sell between 1,250,000 and 1,500,000 ounces of silver at spot realized prices by August 5, 2014.
Bacanora Minerals Ltd. is pleased to provide an update of recently completed corporate activities, ongoing exploration work and future plans for the Sonora Lithium Project in Mexico.
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