Grupo México, que cuenta con la concesión de la mina subterránea en Angangueo, Michoacán, en la zona de la Reserva Ecológica de la Mariposa Monarca, aún no tiene otorgada la autorización ambiental para ponerla en operación, afirmó Luis Fueyo.
Gold Resource Corp reached a major milestone for a junior precious metals producer earlier this week, having returned more than $100 million back to its shareholders in just over four years since beginning production at its El Aguila mine in Mexico.
SilverCrest Mines Inc. is pleased to provide an update for the transition of the Santa Elena Mine in Sonora, Mexico from open pit heap leach to underground mining and milling operations. Activities at the mine are now moving from capital intensive expenditures for the overall Expansion Plan to operating costs and sustaining capital expenditures for underground development with emphasis on generating free cash flow through continued strict cost controls. The most significant transition activities are outlined below. For additional information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.
Mammoth Resources Corp. is pleased to announce that it has closed a second and the final tranche of its previously announced Unit offering private placement for a total of 9,320,285 Units for gross proceeds of $326,209.99. Proceeds of the private placement will be used for working capital, general corporate expenses, property taxes and vendor payments, to undertake further exploration work and costs associated with the drill permit application. The private placement has been approved by the TSX Venture Exchange.
Tonogold Resources Inc. is pleased to announce that completion of the acquisition of Mil-ler Resources and Energy SA de CV, owner of the Nevmex Iron Ore project located near Hermosillo, Sonora, Mexico, occurred today with the execution of a Closing Agreement between Tonogold and the Mil-ler shareholders, with 54.1 million new Tonogold shares being issued as full and final consideration.
Silver Bull Resources, Inc. is pleased to provide a corporate update to its shareholders and outline the company’s intention to better define the economics of the high grade zinc mineralization seen at Sierra Mojada.
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