Day: May 26, 2015

Exigen en Colima que minera repare daños ocasionados en carretera

A casi un año de los derrumbes sobre la carretera Villa de Álvarez-Minatitlán, en el área de explotación del yacimiento de hierro El Artillero, el gobierno estatal se ha negado a exigir a la empresa minera que repare los daños ocasionados y tampoco ha tomado medidas en la zona afectada para prevenir riesgos a la población ante al periodo de lluvias que se avecina.

Warren Rehn Named President Of Golden Minerals Company

Golden Minerals Company announced today that Warren Rehn has been promoted to President of Golden Minerals Company. Jeffrey G. Clevenger continues to serve as Chairman and Chief Executive Officer of Golden Minerals.

First Mexican Financing and Debt Reduction

First Mexican Gold Corp. continues to search for the right partner to bring its Guadalupe project to production. A number of possibly partners are presently reviewing corporate documents under confidentiality agreements, and we hope to find a suitable go forward partner in the near future. Review previously released assay results to get a better understanding of production potential.

Source Expands El Dorado/ Juan Bran Zone and Drills 1.73 G/T Gold Equivalent Over 90.1 Metres at Santa Cruz

Source Exploration Corp. is pleased to announce additional step-out drilling results from the El Dorado / Juan Bran zone at its Las Minas property. These results continue to expand the down-dip and strike extensions with strong grades and widths within the zone. Additionally, infill drilling at the Santa Cruz target returned a 90.1 metre interval of gold, silver and copper mineralization grading 1.73 g/t Au Eq and containing high-grade intercepts, including3.57 g/t Au Eq over 20 metres and 2.46 g/t Au Eq over 30 metres.

Timmins Gold Completes Acquisition of Newstrike Capital

Timmins Gold Corp. and Newstrike Capital Inc. are pleased to announce the completion of the previously announced plan of arrangement pursuant to which Timmins Gold has acquired ownership of all of the issued and outstanding common shares of Newstrike, being 116,786,781 shares. Newstrike is now a wholly-owned subsidiary of Timmins Gold.

Cangold Obtains Final Order for Arrangement with Great Panther

CANGOLD LIMITED is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving its previously announced plan of arrangement with Great Panther Silver Limited to which Great Panther will acquire all of the issued and outstanding common shares of Cangold. Receipt of the final order follows Cangold’s special meeting of shareholders held on May 22, 2015 where the special resolution approving the Arrangement was approved by approximately 99.44% of the votes cast by Cangold shareholders.

Levon Resources Ltd. Announces Additional Proposed Independent Director

Levon Resources Ltd. is pleased to announce that SciVac Ltd. has advised the Company that it intends to nominate David Rector as an additional independent director of the Company upon the closing of the previously announced plan of arrangement involving SciVac, Levon and 1027949 B.C. Ltd.

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