United States Antimony Corporation reported record antimony sales for Q2 of 2015 of 637,825 pounds, which is up 92% from Q2 2014 sales of 332,106 pounds, and is an increase of 22% from Q1 2015 sales of 521,956 pounds…
Argonaut Gold Inc. is pleased to provide a drilling update for its 100% owned San Agustin project. The project is located just 10 kilometres southwest from the Companys El Castillo Mine in Durango, Mexico. The Company completed a Preliminary Economic Assessment on the project in February, 2015. The San Agustin PEA resulted in a pit-constrained indicated resource of 845,000 gold ounces and 28 million silver ounces contained in 82.2 million tonnes of material at a grade of 0.32 grams per tonne gold and 10.7 g/t silver, for a total of 1,280,000 gold equivalent ounces…
Bradford Cooke, Chairman and Founder of Canarc,commented: “Today’s announcement marks an important step forward for Canarc in that the El Compass property is an advanced stage mining project fully permitted for mining. Appropriate plant and tailings sites on the property were part of the permitting process. Oro Silver represents a great opportunity for Canarc to take advantage of our extensive management and board operating experience to build and operate a high grade mine in Mexico.”
Marlin Gold Mining Ltd. announces the signing of a letter of intent with Canarc Resource Corp. whereby Canarc may acquire 100% of the shares in Marlin’s wholly owned subsidiary company, Oro Silver Resources Ltd., which owns the fully permitted El Compas Gold-Silver Mining Project in Zacatecas, Mexico.
Alta Vista Ventures Ltd. is pleased to announce that it has signed a consulting agreement with Shaxon Enterprises Ltd. The two principals of Shaxon Enterprises, Messrs. Don Shaxon and Jason Springett, bring more than 10 years of experience in the Canadian medical marijuana sector to the Alta Vista.
BIG NORTH GRAPHITE CORP. announces that further to its news release issued on June 5, 2015, the Company has decided that it will not proceed with its option on the El Tejon property. As a result of falling graphite prices, currently at a four year low, and current market conditions, the Company is unable to maintain property payments and to move the El Tejon project forward. Pursuant to the terms of the acquisition agreement, the Company is in the process of returning the El Tejon property to the vendors, at which time, Big North will have no further obligations or liabilities with respect to the El Tejon project.
Alamos Gold Inc. y AuRico Metals Inc. se complacen al anunciar la finalización del acuerdo anunciado anteriormente que implica a Alamos Gold Inc. (predecesor de Alamos) y AuRico Gold Inc. (predecesor de Alamos). Tras el acuerdo, la antigua Alamos y la antigua AuRico se amalgamaron en Alamos, y algunos activos de la antigua AuRico, incluyendo el proyecto Kemess, algunos derechos de uso y activos, que se han transferido a AuRico Metals. Aproximadamente el 95,1% de las acciones ordinarias de AuRico Metals se han distribuido a los accionistas de la antigua Alamos y de la antigua AuRico. Tras la finalización del acuerdo, Alamos mantiene los intereses de los valores de aproximadamente un 4,9% en AuRico Metals.
McEwen Mining Inc. announced today that it has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company’s common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was advised by the NYSEon July 1, 2015 that the average price of our common stock for the previous 30 trading days was below US$1.00 per share
Alamos Gold Inc. and AuRico Metals Inc. are pleased to announce the completion of the previously announced arrangement involving Alamos Gold Inc. (a predecessor to Alamos) and AuRico Gold Inc. Pursuant to the Arrangement, Former Alamos and Former AuRico amalgamated to form Alamos, and certain assets of Former AuRico, including the Kemess project, certain royalties and cash, were transferred to AuRico Metals. Approximately 95.1% of the common shares of AuRico Metals (“AuRico Metals Shares”) were distributed to Former Alamos and Former AuRico shareholders. Following completion of the Arrangement, Alamos holds an equity interest of approximately 4.9% in AuRico Metals.
Baja Mining Corp. reports that further to its news release dated April 30, 2015, and details of the amended cash call notice dated May 17, 2015, as previously described in the Company’s Management Discussion & Analysis for the quarter ended March 31, 2015 (available on www.sedar.com), Baja has received from Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. a defaulting notice in respect of the Amended Cash Call. Pursuant to the Amended Cash Call, Baja was required to contribute US$7,600,000 no later than June 16, 2015, by way of either shareholder loans or subscriptions for new shares, with which it was unable to comply.
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