Month: June 2018

San Marco Report Results of Annual General Meeting & Executive Appointments

San Marco Resources Inc. (SMN: TSX-V) is pleased to announce approval of all matters at the Company’s Annual General Meeting held June 1st, 2018, including the re-election of all current directors for the ensuing year. In addition San Marco announces that Christian Grijalva, B.Sc. has been appointed as the CEO of the Company; he previously was the Company’s Vice President. Tookie Angus and Robert Willis have been appointed as Co-Chairmen of the Board of Directors. All appointments were effective June 1, 2018.

Capstone Mining Announces Significant Increase to Cozamin Resource Estimate

“We are extremely pleased with our recent drilling success in the MNFWZ at Cozamin,” said Brad Mercer, Senior Vice President of Exploration at Capstone. “This new resource estimate, the culmination of over a year of intensive drilling, nearly triples the ore tonnes and doubles the contained copper in the MNFWZ M&I classification.”

Sierra Metals Announces Results of Annual General Meeting of Shareholders

A total of 130,767,844 common shares were represented at the meeting, being 80.02% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the re-appointment of PricewaterhouseCoopers as auditors for the ensuing year, and the election of management’s nominees as directors.

Pan American Silver emite una actualización sobre la mina Dolores

“Nos gustaría expresar nuestro agradecimiento a las autoridades federales y del estado de Chihuahua en México por su apoyo y rápido despliegue de recursos para asegurar los caminos de acceso a nuestra mina Dolores y continuaremos trabajando estrechamente con ellos a medida que avanzamos”, afirmó Michael Steinmann, presidente y director ejecutivo de la Compañía.

Monarca Minerals Inc. Announces Management Restructuring

Monarca Minerals Inc. (TSXV: MMN) reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued support. The Board of Directors has appointed Mr. Carlos Espinosa as CEO and he will remain as President and Director.

Sonoro Appoints Mel Herdrick a V.P., Exploration

Sonoro Metals Corp., (TSXV: SMO) (OTCQB: SMOFF), announces the appointment of Mel Herdrick as Vice-President, Exploration. Mr. Herdrick is a professional geologist with 45 years of exploration and mine related experience in the United States and Mexico. His experience includes 10 years as Chief Geologist for Phelps Dodge, Mexico and 7 years as Vice President, Exploration for Pediment Gold in Mexico until its takeover by Argonaut Gold in 2011.

U.S. Antimony Reports Testing of Los Juarez Concentrates

CEO John Lawrence said “We are excited to start the shakedown of the Los Juarez pilot plant in Q4 2018 and to continue construction of the 400-ton mill. We expect to announce our progress on several additional strategic and financial opportunities that do not involve dilution of any kind.”

Megastar to Acquire 100% of two additional Epithermal Au-Ag Projects in Oaxaca, Mexico

“This deal continues us on our path towards establishing a strong presence in the Oaxaca region of Mexico,” said Dusan Berka, CEO of Megastar Development. “Coupled with our earlier announced deal, Megastar has put together a strong portfolio of prospective exploration assets situated in between two currently producing mines. As well, working with David Jones, a geologist with a long history of success in Mexico, gives us a strong technical base upon which to commence our activities down there.”

Silver Bull Grants An Option Entitling South32 To Form A 70/30 Joint Venture In The Sierra Mojada Project For An Aggregate Investment Of Us$100 Million

Tim Barry, President, CEO and director of Silver Bull states, “This validates the significant success we have had in identifying high grade sulphide zones at the Sierra Mojada project. South32 is a globally diversified metals and mining company that will bring funding and significant technical expertise to the project. We believe this agreement recognizes the significant potential at the Sierra Mojada project.”

Pan American Silver Provides Update on the Dolores Mine

“We would like to express our gratitude to the Federal and Chihuahua State authorities in Mexico for their support and rapid deployment of resources to secure the access roads to our Dolores mine, and we will continue to work closely with them as we move forward,” said Michael Steinmann, President and Chief Executive Officer of the Company.

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