Day: August 17, 2017

Minera Alamos Announces Initiation of Resource Expansion Program for La Fortuna Gold Project in Durango, Mexico

“We are excited to commence this extensive exploration program to quantify the resource potential of the entire La Fortuna project area,” said Miguel Cardona, Vice President of Exploration for Minera Alamos. “Over the last number of months, we have substantially increased our understanding of the significant mineralizing events that occurred in the La Fortuna area and why this was the site of so much historical gold mining activity. The ability to bring in someone with the experience and capabilities of Robelsis to directly manage our exploration efforts is a significant opportunity for the Company and we are pleased to welcome him to our expanding team”.

Galore Resources Announces Results From Sampling Program at El Alamo Project

Galore Resources Inc. is pleased to announce gold results from samples taken in July, 2017 by consulting geologist, Tony Adkins, P. Geo. Galore employed the services of Mr. Adkins to evaluate the El Alamo project and to determine if the property warranted further work. His review of the existing Galore data coupled with a field examination, showed that additional work, particularly a drill program of adequate size, is definitely merited. Mr. Adkins brings over thirty-five years of comprehensive exploration, project management and mine experience as a geologist and engineer. He has experience with the geological features present at El Alamo.

Santacruz Silver Completes Gavilanes Property Sale to Marlin Gold

Akiba Leisman, Executive Chairman and Interim CEO of Marlin states that “we are excited to have completed the purchase of an extraordinary exploration asset in one of the world’s most prolific silver mining districts. To have bought this project at an attractive price is a testament to Marlin’s ability to grow on an accretive basis.”

Santacruz Silver Closes Final Tranche of Non-Brokered Private Placement

Santacruz Silver Mining Ltd. reports that further to its news release dated July 28, 2017, the Company announces the closing of a second and final tranche of its non-brokered private placement. The second tranche closing consisted of the issuance of 200,000 units at a price of $0.20 per unit.

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