Azures Managing Director, Tony Rovira, stated: In the six months we have been involved with Alacrán, great progress has been made in advancing the project. Our exploration has focused on areas of historical mining but where no modern exploration has been undertaken, and weve identified numerous high quality targets.”
Morro Bay Resources Ltd. announces that it is arranging a non-brokered private placement for a minimum of 1,000,000 and a maximum of 40,000,000 units. Each unit will be comprised of one common share of the Company and one common share purchase warrant.
“With continued strong operating performance, favourable local currency foreign exchange rates, and near-term opportunities to increase production at several of our mines, we remain well-positioned to manage the current price volatility in the gold market”, said Sean Boyd , Agnico Eagle’s Chief Executive Officer. “In these challenging times, we will continue to focus on reducing costs and we will remain measured in our approach to managing and growing our business”, added Mr. Boyd.
Keith Neumeyer, Chairman of First Mining stated, We welcome Derek as a new member of our management team. His experience, contacts, and knowledge with leading investor relations initiatives in the mining sector will be important as we continue to build our team and grow shareholder value through mineral asset acquisitions.
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