Month: November 2017

Starcore Enters into Letter of Intent to Acquire the Santa Fe Project

“This project is synergistic with Starcore’s goals and presents us with a tremendous opportunity,” said Robert Eadie, President & CEO of the Company. “Not only do we have a huge concession area for expansive exploration, but the project also comes with various permits already in place, including an explosives permit and an environmental impact survey permit. The power line is already installed; social footholds have been initiated in the communities; and the project positions Starcore in another Mexican mining district with great potential for gold and silver. We’re excited!”

Dos muertos en mina de Guerrero por conflicto laboral

Al menos dos trabajadores paristas de la empresa minera Media Luna, ubicada en el municipio de Cocula, fueron asesinados el sábado por la noche, denunció el Sindicato Nacional de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Similares de la República Mexicana.

Mexico gold mine killings jolt NAFTA talks

The fatal shooting of two workers in an apparent clash between unions at a Canadian-owned mine in Mexico angered labor activists at NAFTA talks on Monday who said the violence was an example of poor labor conditions in the country.

Stroud Resources Announces 71% Increase in Measured and Indicated Resources at Santo Domingo, Mexico

“Santo Domingo was first discovered in the 16th century and although there have been several periods of small-scale mining over the last 400 years, little modern exploration was ever carried out on the Property,” said Mirsad Jakubovic, CEO of Stroud, “We have now defined a significant silver deposit and believe we have merely scratched the surface. The strike length of the La Raya and Guadalupe zones have been drilled to a depth of approximately 150 metres, leaving considerable room to expand by drilling. With the technical sophistication available today, the opportunity exists to more sensitively and expertly extract these resources with the least amount of disruption and cost. The sites proximity to Guadalajara provides excellent access to roads and facilities, with power and water supply on-site.”

Telson Resources Reports All Warrants Expiring November 17, 2017 Have Been Exercised

Telson Resources Inc. advises that all warrants issued as part of a unit private placement on November 17, 2015 have been exercised resulting in proceeds to the Company of CAD$1,000,000. “We appreciate the dedicated support of our shareholders”, commented Antonio Berlanga, Chief Executive Officer, Telson Resources Inc. “This is an exciting time for our Company as we expand our production efforts advancing both of our Mexican gold, silver and base metal projects thereby increasing the value for all of our shareholders”.

Leagold Reports Additional Drill Results, Including High-Grade Intercepts Along Western Flank of Bermejal Underground

Leagold CEO Neil Woodyer stated: “The results of the drill program at Bermejal Underground have exceeded our expectations to date, with several areas of high-grade mineralization already defined. We continue to see excellent results as we focus the remainder of the drilling on the Central and Western side of the deposit. We have 15 rigs on site and will complete the drill program in November.”

Aztec Minerals Begins Trading On OTCQB Symbol AZZTF

Neil MacRae, Vice President of Investor Relations for Aztec Minerals commented, “This new OTCQB listing for Aztec Minerals gives us greater access to American investors, it should help boost our trading liquidity and expand our market awareness in the United States. We look forward to building our US shareholder base as the Company advances its exploration projects towards making new mineral discoveries. “

Marlin Gold Provides Corporate Update

Akiba Leisman, Executive Chairman and Interim CEO states that, “now is a very exciting time for Marlin. We are continuously mining and processing high grade material at La Trinidad, drilling very prospective targets at both La Trinidad and Commonwealth, and in the process of spinning off Sailfish. We are excited to be ending 2017 on a strong note and look forward to executing on growth opportunities in 2018 and beyond.”

Soleil Capital Corp. Proceeding with QT – Enters into Amalgamation Agreement with Goldplay Exploration

Soleil Capital Corp., a capital pool company, is pleased to announce that further to its press release of September 21, 2017, it has entered into an amalgamation agreement dated November 17, 2017 with Goldplay Exploration Ltd. in respect of an arm’s length business combination transaction. Goldplay is a private mineral exploration company incorporated under the laws of British Columbia and active in gold exploration in the Rosario Gold District, Sinaloa, Mexico.

Silver Bull Intersects 9 Meters of Sulphide Mineralization Grading 20.7% Zinc, 1% Lead and 98g/t Silver

Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased with the results from this batch of drill core. The new sulphide zone is proving to be very productive for high grade sulphide mineralization. The drilling summarized in this news release targeted the second of three steeply dipping, discreet structures we have identified in the sulphide zone…”

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