Fortune Bay Corp. announces that Jon Legatto, Chief Financial Officer, has resigned from the Company to accept another opportunity. Prior to joining Fortune, Mr. Legatto served as the Chief Financial Officer of Brigus Gold Corp.
Westminster Resources Ltd. announces that the non-brokered private placement of 6,350,000 units at $0.05 per unit to raise gross proceeds of $317,500 has closed. Each unit will be comprised of one common share and one-half common share purchase warrant. Each full common share purchase warrant will entitle the holder to purchase one common share at $0.10 per share until June 6, 2016.
TSX-V-listed project developer Bacanora Minerals, which is working to advance its Mexican borate and lithium projects, intends to list its stock on the London Stock Exchanges Alternative Investment Market in July, which is expected to be the only new mining issuer to start trading on the platform in recent months.
Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the initiation of a Copper Mineral Asset Acquisition Program. Adam Carter, the President & CEO stated that Amarium’s net-earnings over the previous 12 months have significantly exceeded projections, therefore generating cash reserves for reinvestment. Due to the capital surplus and the ongoing relationship with Anglo-Asia Resource Partners’ demand to purchase additional copper, the Company is instituting the MAAP to increase value for shareholders.
Morro Bay Resources Ltd. is pleased to announce the completion of the recent drilling campaign on the Penoles Project which is owned by Riverside Resources Inc. From February to May, 2014 Morro Bay completed twenty three HQ sized core holes on the property, for a total of 2,143 meters. The majority of the drilling was focused in and around the Jesus Maria mine workings stepping out from the previous exploration drilling that had been conducted in the area.
El Tigre Silver Corp. is pleased to announce additional strong assay results of a recently completed extensive underground and surface sampling exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the historic mine levels 3.5 and 4 in the Espuelas Canyon area (Figure 1) that include 2.0 metres of 702 g/t Ag. A total of 173 underground and 393 surface samples were collected as channel samples from outcrops, as well as 25 stream samples and 27 regional samples from the main El Tigre Vein district.
Capstone Mining Corp.reports that production has resumed at its Cozamin Mine in Zacatecas, Mexicofollowing a brief stand down after an accident which occurred on June 5th.
Aurcana Corporation is pleased to announce the results of its Annual and Special Meeting of Shareholders held on June 5, 2014.
FIRST MAJESTIC SILVER CORP. is pleased to announce that on June 5, 2014, the Court of Appeal dismissed the appeal filed by Hector Davila Santos and Minerales y Minas Mexicanas, S.A. de C.V.
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