Month: June 2014

While exploring ways to finance its tailings processing facility in Mexico to production, El Tigre Silver (CVE:ELS) is working steadfast to deliver value for shareholders, developing its nearby flagship resource where sampling results so far are promising.

Avino Silver & Gold Mines Ltd. is pleased to announce that by a share purchase agreement dated June 25, 2014, it has agreed to privately acquire 9,500,000 common shares of Bralorne Gold Mines Ltd. for a purchase price of CAD$0.28 per share, representing approximately 33.3% of Bralorne’s total issued and outstanding shares. The Proposed Transaction will proceed by way of an exempt take-over bid, after the vendor provides the required statutory 7 days’ notice of intent to distribute securities of Bralorne. Other than 179,149 common shares of Bralorne previously held by Avino, neither Avino, nor any other persons acting jointly or in concert with Avino, previously held any other securities of Bralorne. Accordingly, Avino will own upon completion of the Proposed Transaction, a total of 9,679,149 common shares of Bralorne, representing approximately 34% of the total issued and outstanding shares of Bralorne.

BACANORA MINERALS LTD. is pleased to announce the filing of a Technical Report in respect of its Ventana and Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is entitled, Updated and Reclassified Lithium Resources, – Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report summarizes increases to the resources tonnage and classification that were announced by the Company in its press release dated June 3, 2014. For a summary of those increases, readers are encouraged to refer to the prior press release or directly to the Report, which has been filed on SEDAR and is also available for download on the Company’s website.

Tonogold Resources Inc. is pleased to advise that it has received requisite approval of all resolutions submitted to shareholders at its Annual Meeting held on Monday, June 23rd 2014 in La Jolla, California.