Month: August 2015

El precio del cobre caía un 2.5% hoy, borrando las ganancias de la sesión anterior, en medio de preocupaciones de que los recortes a las tasas de interés en Pekín puedan no ser suficientes para evitar la desaceleración en la economía global liderada por China.

Comex Grade 1 Copper cathodes production of 360 tonnes for the three months ended June 30, 2015.

Copper sales of $2,247,410 for the three months ended June 30, 2015 at an average realized price of $2.83 per copper pound.

Total cash costs per copper pound of $1.61 and average realized margin of $1.22 per copper pound for the three months ended June 30, 2015.

Net loss of $1,935,638 or $0.02 per share for the three months ended June 30, 2015.

The Company’s strategy of focusing on higher grade mill feed on both the exploration and production fronts is proving effective. The Cuchara-Oscar Mine is now providing 48% and the San Ramon Deeps Mine, discovered and opened in 2014, is contributing 40% of the total mill feed to the Guadalupe Production Centre, which is now averaging for the six months 185 grams per tonne (“g/t”) silver. The Company’s objective continues to be to increase the overall silver head grade in the Zacualpan District in 2015 while controlling operating and exploration costs at the site.

Dr. Melamede earned his Ph.D. in Molecular Biochemistry in 1980. In 2013 he retired from University of Colorado at Colorado Springs as a tenured Associate Professor. He is very well known as a leader in the advancement of medical cannabis internationally. He has authored or co-authored numerous scientific papers and articles with his focus being cannabinoids and their effects on illnesses and human health. In 2002, until his retirement, he taught the world’s first college level course on Endocannabinoids and Medical Marijuana.

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

Colibri Resource Corporation announces the resignation of Dr. Jon A. Nourse from the Board of Directors effective April 1, 2014. “Jon was instrumental in all of our exploration programs of Colibri claim sites in Sonora, Mexico” commented Lance Geselbracht, Colibri’s President. “We wish him well in his continued role as Chairman, Department of Geological Sciences, California State Polytechnic University.”

Las mineras de origen canadiense Chilean Metals, Colombus Gold, El Tigre Silver Corp., Gold Reserve, Inca Gold, Puma Exploration, Red Eagle Mining, Santa Cruz Silver Mining, U3O8 Corp. y Wealth Minerals son las primeras compañías que han iniciado transacciones en este nuevo mercado, cuyo objetivo es proveer de una nueva plataforma de financiamiento a proyectos en etapa temprana de desarrollo.

In October 2014, as a result of a review of its disclosure record as of that date by staff of the British Columbia Securities Commission, War Eagle concluded that clarification of certain aspects of its previous disclosure is required to clarify prior disclosure made by it respecting mineral properties then held by the Company in Mexico and Canada. This was in reference to previous Company statements related to the Tres Marias former producing zinc-lead-germanium mine in Chihuahua, Mexico, and the MAC rare earth exploration project in the Northwest Territories, Canada. Since that disclosure was made the Company has disposed of the Tres Marias mine and has dropped the MAC claims.