Month: July 2015

Mexus Gold US Signs Option/Joint Venture Agreement

Mexus Gold US announced today that after months of negotiating with several mining companies an agreement has been reached. President Paul Thompson is proud to announce that Mexus has signed an option/joint venture agreement with Minera Real del Oro S.A. de C.V., a Mexican corporation, which is wholly owned by Argonaut Gold Inc. Argonaut has the knowledge and experience along with the necessary capital to plan, drill, and bring the Julio/Martha Elena project into production..

Capstone Mining 2015 Second Quarter Production Results

“We are pleased to report good results from our operational improvements at Pinto Valley with respect to mill reliability, and we approached our targeted run rate by the end of the second quarter,” said Darren Pylot, President and CEO of Capstone. “In total, second quarter production met our expectations, which called for lower grade at Pinto Valley. Improving performance at Pinto Valley and strong results from Minto offset the production short-fall at Cozamin.”

Avino Q2 2015 Production Up 167% Compared to Q2 2014

“I’m pleased to report another record quarter and a record half-year of production. During the first half of 2015, we produced almost 1.5 million silver equivalent ounces which exceeds the entire output for 2014 and puts us on pace to more than double production in 2015…” – David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Cortez Gold Securityholders Approve Plan Of Arrangement

Starcore International Mines Ltd. and Cortez Gold Corp. are pleased to announce that the Cortez securityholders have approved the previously announced proposed acquisition of Cortez by Starcore, pursuant to a plan of arrangement
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Goldgroup Provides Update on DynaResource, Inc. Injunction

Goldgroup Mining Inc. announces that on June 29, 2015 a Mazatlán Judge denied DynaResources de México, S.A. de C.V the request for an “amparo” ,which is, by Mexican Law, an appeal to the injunction obtained by Goldgroup against DynaMex regarding the 300 new shares of DynaMex issued in favor of DynaResource, Inc. The issuance of the DynaMex shares to DynaUSA diluted Goldgroup’s ownership interest in DynaMex with DynaUSA purporting to be an owner of 80% of DynaMex…

Airborne Geophysical Survey Completed at Promontorio

Azure Minerals Limited is pleased to announce that the first phase of airborne geophysical surveying program at Promontorio has been completed. This program is part of the Earn-In and Joint Venture Agreement with Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group.

Environmental groups call for regulation as world dives into deep sea mining

Deep sea mining is one of those long-held commercial dreams that just decades ago seemed to be a sci-fi fantasy. But now that firms and international groups are preparing to shift their very costly exploratory projects into lucrative operations, environmental groups are pushing to get the right international regulations in place to protect deep sea ecosystems.

DynaResource, Inc. Closes $ 4 M USD Direct Private Placement of Series C Senior Convertible Preferred Stock and Provides Corporate Update

DynaResource, Inc., a minerals investment, management, and exploration company based in Irving, Texas, with a current focus on the San Jose de Gracia high grade gold project in northern Sinaloa State, Mexico, is pleased to announce that on June 30, 2015, the Company closed a financing agreement with Golden Post Rail, LLC, a Texas limited liability company…

Levon Announces Completion of Arrangement

Levon Resources Ltd. (formerly 1027949 B.C. Ltd.) is pleased to announce the completion of the previously announced plan of arrangement pursuant to which, among other things, SciVac Ltd. completed a reverse takeover of SciVac Therapeutics Inc. (formerly Levon Resources Ltd.) …

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