Day: October 25, 2018

Minera Alamos Inc. – New Discovery Hole – 95.7 Metres of 1.47 Gold Equivalent at the Santana Project, Sonora, Mexico

“This new discovery hole is an extremely exciting development for the Company” stated Darren Koningen, CEO of Minera Alamos. “One of the driving factors behind the merger between Minera Alamos and Corex earlier this year was the significant untapped potential we believed we could unlock once the two Companies’ contiguous land packages were combined. As our knowledge base grows and we continue to better understand the regional geology we should continue to find additional mineralization. The discovery of the Divisadero area provides further evidence that the mineralizing events that occurred in the Nicho area are present at shallow depths elsewhere on our extensive property holdings.”

Odyssey Marine Exploration Provides Update on Legal Filing for Mexican Phosphate Project

“We have full faith and confidence in our Mexican legal team and the rule of law in Mexico. We believe that justice will prevail in the near future,” stated Mark Gordon, Odyssey CEO. “We remain confident in the extensive scientific testing and modeling conducted by subject matter experts that demonstrate the ability to safely and cost effectively recover phosphate from this offshore deposit.”

Oroco Announces Increase in Private Placement

Oroco Resource Corp. is pleased to announce that, due to the private placement previously announced on October 9, 2018 being oversubscribed, it is increasing the Private Placement by an additional 750,000 units. The increased private placement will now comprise up to 3,750,000 units at a price of $0.20 per unit to raise gross proceeds of up to $750,000.

Gold Resource Corporation Declares Milestone 100th Consecutive Monthly Dividend with October Announcement

Mr. Reid continued, “I want to personally thank our shareholders, our team members, and all who have supported us along the way making this one hundredth consecutive monthly dividend possible. Our current operations in Mexico continue to deliver consistent production results, and we look forward to commissioning our first mine in Nevada mid-2019. We believe both mining units have the potential to contribute to future monthly dividends. On behalf of Gold Resource Corporation’s Board of Directors, management and team, we thank you for your continued support as we note this major milestone.”

Torex Reports Initial Results from the Media Luna In-Fill Diamond Drilling Program

Fred Stanford, President & CEO of Torex stated: “Media Luna is our next planned growth project and it is being advanced on a number of fronts. One of those fronts was the recently refreshed PEA, which illustrated an after-tax IRR of 27% using conventional mining technologies and 46% utilizing the proprietary, but untested, Muckahi Mining System1. Engineering optimization work is ongoing after the publication of the PEA.

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