Precipitate Gold Corp. announces it has notified Gunpoint Exploration Ltd. of the Company’s election not to proceed with its option to earn a 100% interest in the Cecilia Project in Sonora, Mexico.
The Board of Directors of San Marco Resources Inc. reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares. Subsequent to this consolidation, which is subject to regulatory and shareholder approval, San Marco intends to raise approximately $500,000 by way of a private placement financing on the terms set out below.
Levon Resources Ltd. is pleased to announce it is undertaking a USD $1 million private placement.
Alamos Gold Inc. today reported its financial results for the third quarter ended September 30, 2014 and reviewed its operating, exploration and development activities.
Sierra Metals Inc.reports production for the quarter ended September 30, 2014 (“Q3 2014”) from its three underground mines in Latin America, the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines inMexico.
McEwen Mining Inc. is pleased to announce production results as of Sept. 30, 2014. For the quarter,30,642 gold eq. oz and for the nine months, 93,987 gold eq. oz were produced. Production guidance for the year remains unchanged at 135,000-140,000 gold eq. oz. Production is expected to increase in Q4, due to higher grades and processing capacity at El Gallo 1 and higher grades at San José. Production costs will be reported in November 2014 with Q3 financials.
Paramount Gold and Silver Corp. announced today that the second drill hole on the newly discovered Dana structure at its 100%-owned San Miguel Project in northern Mexico has intersected high gold grades in addition to the significant silver grades found in the discovery hole released last week.
Garibaldi Resources Corp. is pleased to report further expansion of near-surface mineralization similar to high-grade silicified rock discovered at the Silver Eagle target, part of its Rodadero Silver-Gold Project in Sonora State, Mexico. Phase 2 drilling continues at Silver Eagle in addition to extensive mapping and sampling along trend immediately north and south of the discovery zone and throughout the multiple target project area. Rodadero North stretches 10 km north-south and nearly 5 km east-west.
Santacruz Silver Mining Ltd. is pleased to announce third quarter 2014 production of 184,900 silver equivalent ounces from the Company’s Rosario Mine in San Luis Potosi, Mexico. This production represents a 9.9% quarter over quarter increase as compared with Q2 2014 silver equivalent ounces.
El presidente municipal, Alejandro López Caballero detalló que en total son más de 600 familias que recibirán un cheque de remediación del daño
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