Starcore International Mines Ltd. (TSX:SAM) announces that it has completed its due diligence and review of the Santa Fe Project in Sinaloa, Mexico and will not be proceeding with the proposed acquisition, subject of the Letter of Intent entered into in November, 2017. The Company has given notice to the property owners of its disengagement from the project and Starcore has no further obligations on Santa Fe.
Mexus Gold US (OTCQB: MXSG) announced today that it has begun mining at the 8 Brothers/370 mining project. The company has mined 1000 tons of material containing an average of 9 grams Au and 50 grams Ag per ton. This material is currently being run through a crushing system and placed into an aerated VAT holding tank. The loading of the VAT, which has a 100 ton capacity, is expected to be completed by Wednesday, June 13th. The leaching time for this material will be 48 to 72 hours. Mexus has installed and successfully tested its portable Merrill Crowe gold recovery system. Running of the pregnant solution through this system will produce a concentrate which will be shipped to the U.S. to be refined and sold.
All of the director nominees were duly elected by shareholders present or represented by proxy.
Almaden intends to use the net proceeds of the Offering for exploration and development activities relating to the Ixtaca project, and for general corporate purposes.
Tuve una reunión con gente de la empresa Fresnillo, me comentan que hubo un platica que se tuvo hace semanas con la delegada y con habitantes de El Cedro, y simplemente él quiere aclarar que ellos de acuerdo al portal de transparencia de la Secretaría de Transparencia del Gobierno de la República, tienen un permiso de explotación de la minería en ese lugar, en donde bajo ningún motivo hay el desplazamiento de quienes viven en ese lugar, hubo una plática más no afirmaron.
“Our report this year focuses on how we are building value as the foundation for our future,” said Darren Pylot, President and CEO. “The 2017 report provides insight into how we are working to continuously create and preserve both internal and external value as an organization for our employees, local communities, shareholders and society as a whole through the production of copper.”
“We are extremely pleased to have Doug join our management team,” said Greg McCunn, Chief Executive Officer. “His experience, knowledge and operational leadership skills will enhance our ability to deliver consistent results at our operating mines. I look forward to working with him to build Alio into a mid-tier precious metals company.”
First Mining Gold Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) is pleased to announce the results of its annual general meeting of shareholders held on June 12, 2018.
With our current expansion nearly complete at the Avino property, we are very excited to add Mill Circuit 4 to our production profile. The new state of the art circuit effectively increases our throughput capacity by 70%, and we expect it to be online full time in early January 2019 said David Wolfin, President and CEO. I would like to thank our team in Mexico for their hard work, dedication and resourcefulness to get this major project completed.
Esto luego de que habitantes de El Cedro denunciaron que al parecer la empresa minera Fresnillo PLC, encargada de los trabajos en la mina Las Torres, pretende desalojarlos para explorar los minerales que hay debajo de las viviendas, por lo que solicitaron ayuda de las autoridades municipales para evitarlo.
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