Radius Gold Inc. is pleased to announce that at the annual and special meeting of the Company held today, the shareholders voted in favour of all matters brought before the meeting including the proposed change of business of the Company from a Tier 2 Mining Issuer to a Tier 1 Investment Issuer on the TSX Venture Exchange.
Dr. Peter Megaw, the Company’s Chief Exploration Officer, added that “the appearance of copper and strong skarn alteration in this area, combined with the later cross-cutting silver-gold rich veining suggests that we may have hit an ore-fluid upwelling zone, which could open up a new exploration target zone along the Valdecañas vein system.”
Azures Managing Director, Tony Rovira, stated: We are very pleased with current progress at Alacrán. Through our on-ground exploration activities and the ongoing historical research and data recovery programs, were building a comprehensive picture of the potential of this project and its looking good.
Alamos Gold announced a semiannual dividend on Wednesday, April 22nd, StockRatingsNetwork reports. Investors of record on Friday, May 15th will be paid a dividend of 0.03 per share on Friday, May 29th. This represents a dividend yield of 0.89%. The ex-dividend date is Wednesday, May 13th.
Sierra Metals Inc. today announces that the Company has appointed Mike McAllister as Director of Corporate Development effective April 22, 2015.
The Board of Directors believes that the proposed share consolidation will better position the Company to raise the funds it requires to finance continuing business activities and advance its El Tejon Flake Graphite project.
Golden Minerals Company announces the results of Canadian National Instrument 43-101 compliant mineral resource estimates for deposits at the Santa Maria Mine and the Los Azules Mine properties. Both properties are located in southern Chihuahua State,Mexico within 30 kilometers of the town of Hidalgo del Parral near the Parral mining district.
El Colectivo GeoComunes, que se dedica a la cartografía colaborativa de denuncia de mega proyectos y conflictos socio-ambientales en México, realizó una cartografía de la región del Istmo de Tehuantepec con, al menos, 30 zonas concesionadas a empresas para la explotación minera no metálica como arena sílica, azufre, grafito, sal, sulfato de sodio, sulfato de magnesio, granito, mármol, yeso, entre otros.
Minera Alamos Inc. is pleased to announce that it is re-initiating the development of its Los Verdes copper-molybdenum project in Sonora, Mexico. Development plans for the project were detailed in the Company’s Preliminary Economic Assessment issued January 12, 2012. Recent work by Minera Alamos has identified the potential for a phased approach that would begin with an initial small-scale production operation followed by an expansion towards the full project scope. Internal estimates currently target project construction to be initiated in 2016.
The Company’s first quarter production of approximately 19,300 ounces AuEq (actual 72:1 silver-to-gold ratio) maintains the Company’s 2015 Outlook to produce 80,000 to 90,000 ounces AuEq (64.1:1 silver-to-gold ratio).
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