Month: May 2017

Capstone Mining Reports on 2016 Sustainability Performance

“Sustainability reporting is now a well-embedded practice at Capstone,” said Darren Pylot, President and CEO. “The 2016 report provides insight into how we are working to develop a culture of innovation where new ideas lead to meaningful change in the way we think, work and plan for the future.”

Inaugura Trinity Industries en Dallas Escultura Donada por AHMSA

Destacan Timothy Wallace y Alonso Ancira relación empresarial de 25 años. Donada por Altos Hornos de México con motivo de cumplirse 25 años de relación comercial, una escultura en acero del artista torreonense David Madero recibe desde esta semana a los visitantes del edificio corporativo de Trinity Industries, Inc., en Dallas Texas.

Mexican Gold Corp. Announces Increase to Size of Non-Brokered Private Placement

MEXICAN GOLD CORP. is pleased to announce that its previously announced non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $1,500,000 has been oversubscribed and the Company will increase the size of the Private Placement by up to 1,000,000 Units for additional gross proceeds of up to $300,000. Each Unit will consist of one common share of the Company and one transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of $0.45 per Common Share for a period of twenty-four months from the closing date of the Private Placement.

Consolidated Zinc Ltd. – New Discoveries Highlight Plomosas’ Potential

“This confirms our view there may be more significant untapped mineralisation at Plomosas,” said Mr Dix. “Results from Tres Amigos North were higher than could be assayed using the ore grade analysis method meaning samples had to be resubmitted for ‘concentrate grade’ analytical methods.”

Almaden Files Pre-Feasibility Study of the Ixtaca Gold-Silver Project, Mexico

Almaden Minerals Ltd. announces that the independent NI 43-101 Pre-Feasibility Study of the Ixtaca Gold-Silver Project located in Puebla State, Mexico, has been filed on SEDAR. A summary of findings from the PFS was announced in Almaden’s press release issued April 3rd, 2017. The full report, prepared by Moose Mountain Technical Services, can be viewed under the Company’s profile on www.sedar.com.

Top Mexican miners owe $180 mln in 2015 royalties -govt study

Mexico’s tax authority SAT and Grupo Mexico declined to comment. Fresnillo said it fully complied with its tax and royalty obligations while Penoles cited a letter from Mexico’s mining chamber rejecting allegations its members avoided taxes and questioned government calculations.

Gainey Adds Mark Bailey to Advisory Board

David Coburn, CEO of Gainey Capital, commented, “I am excited to add Mark Bailey to our Advisory Board, his experience within Mexico as well as his relationships within the investment community will be a major asset for Gainey Capital as we move the company forward and continue exploration on the El Colomo project.”

Mexican Gold Infill/Extension Drilling Expands El Dorado-Juan Bran Zone on Strike and Intersects High-Grade

Brian Robertson, Chairman and CEO, commented: “We are excited about the expansion of the El Dorado / Juan Bran zone on strike as well as the number of high-grade intersections. The Cinco Senores zone, which is the site of extensive historical mining, is located approximately 670 metres to the west of the El Dorado / Juan Bran zone. The objective of the drilling program, which included infill/extension and step-out drilling, is to advance the Las Minas project to an initial mineral resource estimate, planned for Q2. The resource estimate will focus on the El Dorado / Juan Bran and Santa Cruz zones, two of six known mineralized zones at the property. The extension of the El Dorado / Juan Bran zone on strike to the west plus the previous drill results and sampling at the Cinco Senores zone – see news releases February 2, 2011 and August 8, 2011 and May 15, 2017 – is indicative of the extent of the mineralization at Las Minas.”

Defiance Commences Drilling at San Acacio

“We are excited to commence drilling at the San Acacio deposit and to follow up on the many targets that exhibit the potential to dramatically increase the size of the current resource. The current focus continues to be on the portion of the San Acacio project that has returned strong results, namely beneath the 1.2 km of historic workings on the vein along with the newly defined Quartz-Pyrite Breccia target.” said Bruce Winfield, President and CEO of Defiance Silver Corp.

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