Mr Mark Creasy increases shareholding in Azure via A$1 million share placement
Additional A$500,000 in funding secured from New York-based resources fund
Funding will allow Azure to rapidly progress Mesa de Plata silver discovery
First Mexican Gold Corp. is pleased to announce that it has signed a non-binding letter agreement with Link Natural Resources FZC, a private entity in the United Arab Emirates (Dubai), to enter into a 50/50 Joint-Venture with the intent of putting the Karen zone into production at the Companys Guadalupe property in Sonora, Mexico. The agreement is subject to a 30 day exclusive due diligence period.
With the close of this equity financing, the Company is now working to complete the definitive agreement with Marlin Gold Mining Ltd. whereby Canarc will acquire 100% of the shares in Marlins wholly owned subsidiary company, Oro Silver Resources Ltd., which owns the fully permitted El Compas Gold-Silver Mine Project in Zacatecas, Mexico.
Endeavour Silver Corp. announces that infill drilling on the Terronera property in Jalisco State, Mexico continues to define high grade, silver-gold mineralization within the Terronera vein system. The main mineralized zone extends over 1,400 metres in length, and is still open along strike to the southeast and down dip.
Arian Silver Corporation, a silver mining company focused on silver projects in the silver belt of Zacatecas, Mexico, announces today the positive advancement of its financing discussions and the signing of a letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC , approved by the independent directors of the Company.
Marlin Gold Mining Ltd. announces that as a result of heavy rains in September, the La Trinidad gold mine has sustained damages. Among them was the dewatering equipment located within the pit, including pumps, electrical equipment and generator power source to the pump. As a result of the damage to our dewatering equipment within the pit, the pit has taken on water. All other equipment and infrastructure at the mine remains operational.
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