Goldgroup Mining Inc. is pleased to announce two recent developments: the signing of a letter of intent and credit agreement with Monarch Gold Corp. and the appointment of Mr. Javier Montaño to the Company’s Board of Directors.
Silver Spruce Resources Inc. is pleased to announce that it has executed a binding Letter of Agreement to purchase a 100 percent interest in the Pino de Plata project, an epithermal silver/lead/zinc property in Mexico from its current owner, a mining engineer and Mexican national. The property is located in the well-established Temoris/Guazapares/Palmarejo mineralized region in the heart of the Sierra Madre Occidental of northern Mexico in western Chihuahua State.
“This is a major milestone for McEwen Mining. We have progressed to a point where we have strong enough cash flow to pay a dividend. As the major shareowner, I will be reinvesting my dividend in our company as I believe our current share price represents excellent value!” said Rob McEwen, Chief Owner.
Torex Gold Resources Inc. is pleased to announce the results of its step out drilling program at its Media Luna deposit. The results of this program will be incorporated in an updated mineral resource estimate which will be the foundation for the Preliminary Economic Assessment expected to be completed in July of this year…
PREMIER GOLD MINES LIMITED is pleased to announce that it has completed its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share for aggregate gross proceeds of $20 million, including a subscription by Goldcorp Inc. in the amount of $12.5 million…
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