We are honored to welcome Sheri and Molly to our Board as valued advisors and acknowledged technology and operational leaders. Their experience will build on the deep and diverse expertise of our current Board of Directors, said Noreen Doyle, Chair of Newmonts Board of Directors.
Westminster Resources Ltd. is pleased to announce that it has arranged a non-brokered private placement of up to 7.5 million units at a price of $0.20 per unit for gross proceeds of up to $1,500,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from the closing of the private placement. A finder’s fee commensurate with TSX Venture Exchange policies will be paid where applicable.
“I am very excited and pleased to take on the role of President and CEO of Corex Gold,” stated Mr. Ramshaw. “Corex boasts a world class operating team as well as a significant industry partner in Alamos Gold. I look forward to joining Corex and leading them into this exciting transition period as the Santana gold property transitions from a development stage project into a gold producing company.”
During the June Quarter Azure has continued its strategy of identifying and assessing opportunities to acquire precious and base metals projects in Mexico. As a high priority, the Company has sought advanced stage projects where previous work outlined mineral resources or demonstrated, by drilling, continuous zones of mineralisation.
En un comunicado, Alejandra Carlos, gerente de evidencias y manejo de la Coespris, señaló que la planta de osmosis inversa, instalada para obtener agua potable para el consumo humano, al igual que las fuentes de agua que abastecen a la población, en ningún momento se encontraron comprometidas y de acuerdo con las revisiones de campo, presentan condiciones aceptables para su consumo.
J.D. Poliquin, chairman of Almaden stated, “When low sulphidation epithermal precious metal deposits are formed, metal bearing fluid rises from depth, filling fractures with quartz, calcite and precious metal minerals. In the highest mineralised areas of the system, the same fluids can be dispersed through multiple smaller fractures to form a sheeted vein zone or swarm such as we have at the Main Ixtaca Zone. The veinlets that comprise the Main Ixtaca Zone individually carry very elevated gold and silver grades, but as they are spread out within a broad area of limestone host rock, the overall average grade is lower. To have a completely preserved system as at Ixtaca is exciting but unusual as many epithermal vein systems in Mexico have been eroded down to the feeder veins where base metals are often abundant, making them by metal content lead and zinc deposits with high precious metal credits. The intercepts reported today further demonstrate the potential for large tonnage sheeted vein zones, as well as bonanza feeder vein zones below. Our 2017 exploration drill program is targeting both.”
Gold Resource Corporation reports preliminary production results for the second quarter ended June 30, 2017 of approximately 5,696 ounces of gold, 397,670 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $110 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.
Southern Silver Exploration Corp reported today on its surface float sampling program for the newly acquired Biznagas and Los Lencho claims located contiguous to the larger Cerro Las Minitas property, Durango State, Mexico.
Neil Woodyer, CEO stated When we acquired Los Filos three months ago, we anticipated that it would take us approximately six months – Q2 and Q3 to transition the mine and to operate it in the way we believed it should be. We also expected, that during this transition phase, we would plan the development of the Bermejal Underground mine expansion project. We are now half-way through this period and we have made very good progress. Furthermore, we now expect significant production and cost improvements will be reflected in the results of Q4 and onwards.
Igor Gonzales, President and CEO of Sierra Metals commented “Sierra Metals continues to see solid metals production and tonnage processed at our flagship Yauricocha Mine. We are working to increase tonnage at Bolivar with the procurement of new equipment and through the exploration and development of higher grade ore sources which are expected to come into the mine plan early next year.”
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