Month: September 2016

Mexus gives an update on its Santa Elena mine

Mexus Gold US today gave an update on the progress at its Santa Elena mine. The recent rains resulted in a small delay at the mine but the crew onsite did an excellent job of keeping the impact to a minimum. The crushing of the heap leach pad filter material continues and should be completed shortly. Mexus President, Paul Thompson, remains confident that nothing will stop our partner from bringing the property into production. Mr. Thompson closed, “I appreciate the continued patience and trust of our shareholders. I now believe that we will be in full production during the month of October.”

Argentum Completes Private Placement

Argentum Silver Corp. is pleased to announce that, further to its news release of September 1, 2016, it has closed its private placement with Sprott Mining Inc. for 15,000,000 Units at a price of $0.07 per unit. Each Unit consists of one common share of the Company and one share purchase warrant. Each Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.11 per share until September 2, 2019.

DynaResource de Mexico SA de CV Issues Clarifying Statements Regarding an Arbitration Ruling Dated August 25, 2016; and, Regarding Goldgroup Mining Inc.’s News Release Dated August 31, 2016

DynaResource de México SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, is providing clarifying statements and a number of updates with respect to an arbitration ruling, and an October 5, 2015 Order issued by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of México, which awarded $48 million USD in damages to DynaMéxico against Goldgroup Resources Inc.:

Goldgroup Appoints Anthony Balic as Chief Financial Officer

Goldgroup Mining Inc. announces the appointment of Anthony Balic as the Company’s Chief Financial Officer and Corporate Secretary effectively immediately. Sam Wong, the previous CFO and Corporate Secretary, will take on the position of Director of Finance during a transition period.

Golden Minerals Provides Initial Results From Rodeo Drill Program

The partial results from our first round of drilling at Rodeo show a gold and silver bearing epithermal vein and breccia system with encouraging gold and silver values over an approximate 50 to 70 meter true width. The system is exposed at the top of a northwesterly striking ridge and dips steeply to the northeast. This could provide the possibility of open pit mining if we discover a deposit with sufficient tonnage of an appropriate grade and other characteristics to justify mining.

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