Mexus Gold US reaffirmed that the agreement with Argonaut Gold Inc. has been completed in both the US and Mexico. “Relinquishing control of the Julio/Martha Elena property to Argonaut has allowed Mexus to focus on its other properties and ventures,” added CEO Paul Thompson. The company is currently reviewing all of its Mexican properties and is considering offers to do a Joint Venture similar to the deal at the Santa Elena/Julio.
“As copper prices continue to deteriorate, we have looked at a range of actions to preserve our financial flexibility. We have taken the steps we outlined with our initial 2015 guidance to reduce our overall capital expenditures and have reduced operating costs in order to enhance our financial position and provide sufficient liquidity to execute our operating plan in the current market environment. This includes reducing and deferring capital expenditures at our operating mines, suspending all work on the Santo Domingo project, eliminating non-essential operating and general and administrative expenses and reducing exploration expenditures,” said Darren Pylot, President and CEO of Capstone.
De 2004 a 2011 las áreas controladas por extractoras pasaron de 6.01% a 18.49%
Hay 23 proyectos de explotación con capital extranjero en el estado y un total de mil 109 títulos de concesión
J. David Lowell, Chairman and CEO, stated Given the state of the market we are reducing our exploration activity and will focus our efforts on our Warintza project in Ecuador where conditions are improving. As part of the initial option agreement transaction we became a shareholder of Minaurum and will benefit from any future success at Santa Marta from these holdings.
GOLDCORP INC. is pleased to declare its ninth monthly dividend payment for 2015 of $0.02 per share. Shareholders of record at the close of business on Thursday, September 17, 2015 will be entitled to receive payment of this dividend on Friday, September 25, 2015.
Maiden drilling program comprising 14 holes for 2,073m completed
Precious metals (silver-gold) targets were tested at Mesa de Plata, San Simon, Puerto del Oro and Palo Seco
Copper target tested at La Morita
Samples have been submitted to the laboratory and assays are awaited
Quaterra Resources Inc. today announced that Steven Dischler has resigned as President and CEO and as a director of the Company for personal reasons. Thomas Patton, Chairman of the Board of Directors, will assume the role of President and CEO of the Company.
Further to its press release of August 11, 2015 announcing a proposed debt settlement through the issuance of shares, Starcore International Mines Ltd. announces that it has issued 15,972,810 Subscription Receipts, in full and complete settlement of outstanding debt as at July 31, 2015 in the aggregate amount of US$1,725,371.91 owed to certain creditors. The Receipts were issued at a deemed price of $0.14 per Receipt.
Riverside Resources Inc. is pleased with recent exploration work at the Companys Glor Gold Project, located approximately 8 km west of Alamos Golds El Chanate Gold Mine in Sonora, Mexico. Riversides recent work included geologic mapping, 44-line kilometers of ground magnetics and rock geochemical sampling. Five drill-ready target zones have been identified. The targets include Alamo, Alamo South, Joya, Pitaya, San Pedro, and Poblado. The targets have key characteristics similar to other major known gold mines in the region and being adjacent to the active operations at Chanate with similar geologic stratigraphy and structure makes Glor a priority district that warrants additional work.
Torex Gold Resources Inc. is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 in support of the Company’s news releases issued on July 21, 2015, entitled “Torex announces Updated Mine Plan for its Fully Funded El Limón-Guajes Gold Mine” and “Torex Announces a Positive ‘PEA” for its Media Luna Project including a New Inferred Resources Estimate of 7.4 million Gold Equivalent Ounces”.
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