BACANORA MINERALS LTD. is pleased to announce that it has updated the lithium resources for both its 100% owned La Ventana lithium deposit and the El Sauz and Fleur concessions which are held by Mexilit S.A. de C.V. Mexilit is owned 70% by Bacanora and 30% by Rare Earth Minerals PLC.
GoGold Resources Ltd. is pleased to announce that the company has poured its first silver-gold bar at its Parral Mine in Chihuahua, Mexico. Construction is within budget and on time. This significant event puts GoGold on a path to becoming a profitable silver-gold producer as the project moves towards full commercial production later this year. Parral will produce strong cash flow that will support continued growth for the company.
International Northair Mines Ltd. is pleased to announce that its Board of Directors has approved an exploration budget for the La Cigarra silver project, located in north central Mexico. Planned work includes over 5,000 metres of core drilling designed to expand the mineral resource and complete initial drill testing of new target areas.
San Marco Resources Inc. has elected to discontinue all involvement at its Tecomate Project in Sinaloa State, Mexico.
Alta Vista Ventures Ltd. wishes to announce that it has granted 800,000 stock options to management, officers, directors and consultants of the Company at a value of $0.105 that will expire on June 3, 2017.
Oceanus Resources Corporation has retained Boom Capital Markets Inc. as a consultant to provide investor relations services on behalf of Oceanus. Boom Capital is an investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences. Boom Capital has no interest, direct or indirect, in Oceanus or its securities. Oceanus will pay Boom a total fee of $3,000 per month, for the consulting services provided. The agreement is cancellable upon 30 days’ notice in writing at any time. Pursuant to the consulting agreement, Oceanus has also agreed to grant 50,000 incentive stock options to Boom Capital, exercisable at a price of $0.43 for a period of five years. The options will vest 3 months from the date of grant. The consulting agreement with Boom Capital and the grant of the options are subject to TSX Venture Exchange approval.
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