Month: March 2015

Azure Minerals Ltd. – Letter to Shareholders

On behalf of the Board of Directors of Azure Minerals Limited, I am pleased to provide you with an update of the Company’s recent activities at our projects in Mexico, as well as some of the exciting milestones scheduled for 2015.

Vista Gold Corp. Announces 2014 Results and Provides Update on Recent Activities

Received $3.0 million to complete the sale of the Los Cardones gold project;
Completed an agreement to sell up to 8 million of our shares in Midas Gold Corp. for aggregate net proceeds of approximately $2.8 million;
Received $0.5 million option payment from Cangold Limited; and
Continued to bring costs down while meeting environmental, safety and regulatory requirements…

Bacanora Announces New Board Member

BACANORA MINERALS LTD. is pleased to announce that the board of directors of the Company has unanimously approved the appointment of David Lenigas as a non-executive director of the Company, subject to and effective upon completion of standard regulatory clearances with the AIM and TSX-V.

Oceanus Reports Exploration Results for its La Lajita Property in Mexico

Oceanus Resources Corporation is pleased to announce the results of its Phase 3 exploration program on the La Lajita Property in Durango State, Mexico. Four diamond drill holes were completed at the Santo Nino prospect. Geological mapping, prospecting and sampling were completed along the La Lajita fault system. Stream sediment sampling was completed in the north-western area of the property to assess the gold potential along the north-west extension of the La Lajita fault system.

Cyprium Mining Corporation Announces US$4.5 Million in Debt Financing and Secures Right of First Refusal for an Additional US$3.5 Million

Cyprium Mining Corporation, a Canadian-based mining company with operations located in the state of Chihuahua, Mexico, is pleased to announce that it intends to complete a non-brokered private placement of bonds in the aggregate amount of US$4,500,000. In addition, the subscriber of the Bond Financing will have the right of first refusal to purchase up to US$3,500,000 in future debt or equity financings of the Corporation for a period of twelve months from the initial closing of the Bond Financing.

Gold Resource Co. Announces Monthly Dividend of $0.01

Gold Resource announced a monthly dividend on Monday, March 2nd, Analyst Ratings Net reports. Stockholders of record on Wednesday, March 11th will be paid a dividend of 0.01 per share on Monday, March 23rd. This represents a $0.12 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend is Monday, March 9th.

War Eagle Receives Cash from Sale of Tres Marias Project, Mexico

War Eagle Mining Company Inc. is pleased to report that it has received a further US$300,000 (approximately Cdn$375,000) installment of the proceeds of the sale in 2014 of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico to Contratista y Operaciones Mineras SA de CV, a private Mexican mining company. Total consideration for the sale was…

New Copper Zones at Alacrán

Azure Minerals Limited is pleased to announce that it has found several extensive zones of visible copper mineralization and historical mine workings at the La Morita prospect, located at the Alacrán Copper Project.

All News