Day: September 21, 2015

NWM Announces Court Approval of Amendments to Arrangement Agreement

NWM Mining Corporation announces that today it has received Court approval to the two amendments to the Arrangement Agreement dated June 6, 2015 with SFM Holding, S.A.P.I. DE C.V, GFM Minería, S.A.P.I. DE C.V and Global Resource Fund. The arrangement is expected to close the week of September 21, 2015 at which time GFMM will acquire all of the issued and outstanding common shares of NWM for cash consideration of C$0.005.

Agnico Eagle provides Mexican exploration update – El Barqueno mineralized zones continue to expand – Potential for reserve and resource additions at Creston Mascota and La India

Agnico Eagle Mines Limited is pleased to provide an update on exploration drilling results at its El Barqueno gold project in Jalisco State, west-central Mexico, and an update on exploration activities at the Creston Mascota deposit at Pinos Altos (“Creston Mascota”) and the La India mine in northern Mexico.

Alamos Announces Discovery of New Zones of Mineralization at Cerro Pelón and La Yaqui

“We are very pleased with the early results from our exploration programs at Cerro Pelon and La Yaqui with step-out drilling indicating the potential to expand the mineral reserve and resource base at both deposits. These satellite deposits are expected to provide our lowest cost production at Mulatos and are a significant source of near term production growth. These remain our highest priority exploration targets at Mulatos. Following up on the strong results to date, we are adding additional rigs to target these new zones of mineralization through the end of this year,” said John A. McCluskey, President and Chief Executive Officer.

Torex Signs an Agreement with the State Government for Permanent Police Presence

Torex Gold Resources Inc. is pleased to announce that its 100% owned subsidiary Minera Media Luna, S.A. de C.V. has signed a letter of intent with the Ministry of Public Safety of the State Government of Guerrero, endorsed by the Federal Government, for the provision of permanent police presence in the areas adjacent to the Company’s Morelos Gold Property in southwest Mexico.

All News