Cayden Resources Inc. is pleased to announce results for 14 additional drill holes from the Pena de Oro target at the Company’s El Barqueno Gold Property in Jalisco State, Mexico. Highlights include 54 meters of 1.36 g/t Au with 0.52% Cu in hole 72 and 68 meters of 0.91 g/t Au with 0.27% Cu in hole 65.
Cortez Gold Corp. is pleased to report on the progress of construction at its gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver S.A. de C.V.
GoGold Resources Inc. is pleased to announce an early warrant exercise incentive program designed to encourage the exercise of the common share purchase warrants exercisable for common shares of the Company which were issued on July 27, 2012 in connection with the Company’s acquisition of Absolute Gold Holdings Incorporated. There are an aggregate of 12,150,000 Warrants outstanding as of today’s date, all of which have an exercise price of $1.50 per common share and expire on January 24, 2015.
Osisko Mining Corporation, Yamana Gold Inc. and Agnico Eagle Mines Limited are pleased to announce that they have received final court approval for the joint acquisition of 100% of the outstanding shares of Osisko by Agnico Eagle and Yamana pursuant to a plan of arrangement. Subject to the satisfaction of remaining closing conditions, the effective date of the Arrangement will occur on June 16, 2014.
Galore Resources Inc. is pleased to announce it has signed an Option Agreement to acquire the 5,603 hectare San Onesimo property, located south of the Dos Santos property in northern Zacatecas State, Mexico. Previous work on the San Onesimo property confirmed that the favourable host rocks the Company is exploring on Dos Santos, underlie the San Onesimo property. This is an early stage, underexplored property and a suitable target for applying Galore’s exploration model developed at Dos Santos.
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.
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.
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.
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