“This credit facility provides the Company with the time and flexibility required to continue pursuing all available options to build a solid financial foundation,” stated Mark Backens, Interim CEO. “We are committed to unlocking and realizing the true value of our asset base to benefit all shareholders.”
Goldgroup Mining Inc. announces it has entered into a binding letter of intent with Aptus Resources LLC where Aptus will acquire Goldgroup’s rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014.
Gold Resource Corporation today announced new Switchback drill highlights from its El Aguila Project’s Arista Mine including 6.32 meters of 5.87 grams per tonne (g/t) gold, 139 g/t silver, 0.58% copper, 5.00% lead and 8.14% zinc. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $108 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Riverside Resources Inc. is pleased to announce that exploration work continues with partner Centerra Gold Inc. at the Companys Tajitos Gold Project in Sonora, Mexico. The initial exploration program funded by Centerra Gold over the past two months included extensive continuous rock chip channel sampling and stream sediment sampling. Drill targets are being defined with further work now underway and up to 4,500 metres in drilling expected to follow.
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