Camrova Resources Inc., is pleased to report that two Camrova board members, Tom Ogryzlo (Interim CEO) and Wolf Seidler, attended both a Shareholders Meeting and a Board Meeting of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. at site on January 25, 2019. They were presented with an update on operations for 2018 and projections for 2019 and had the opportunity to tour the underground mines.
This small initial program follows our successful 2018 sampling program and allows IMPACT to test potential continuity of veins we first encountered over a decade ago at much lower gold prices. Given the proximity of the project to IMPACT’s operation mills, potential large enough tonnage of gold and copper could warrant near-term production prospects.
Douglas Coleman, Founding Director of Mexico Mining Center and organizer of the Discoveries Conference stated, “Our goal is to provide a high-level technical conference that showcases the excellent professional work being performed in Mexico by first-class mining professionals.”
Dennis Edmonds, Chairman of Alien commented The results of this recent work in Mexico validate the investment in the Mexican portfolio and provide exciting prospects for future work. At the same time, we continue to explore opportunities in other jurisdictions and commodities and look forward to updating investors in this regard during 2019.
Evrim Resources Corp. announces that it has granted 200,000 incentive stock options to employees under the terms of the Companys stock option plan. The stock options are exercisable at a price of $0.32 per share for a period of five years.
Westminster Resources Ltd. announces that it proposes to undertake a private placement to raise gross proceeds of up to $200,000 through the sale of up to 4,000,000 common shares priced at $0.05.
Tahoe Resources Inc. is pleased to announce that earlier today the Mexican Federal Economic Competition Commission approved the proposed transaction whereby Pan American Silver Corp. will acquire all of the issued and outstanding shares of Tahoe. All required regulatory, shareholder and court approvals have been received at this time and the Arrangement is anticipated to be completed on or about February 22, 2019.
Silver Viper’s President and CEO Steve Cope states, “We are very pleased with the success of our first drilling campaign at La Virginia. Of the areas tested in this program, the discovery at El Rubi clearly stands out and it is the prospect area where the next phase of drilling will be focused. The 100m long portion of El Rubi we have drilled is only a small segment of the larger target area which lies north of La Virginia. El Rubi is located on a discrete mesa, generally along trend from La Virginia, and has seen very little previous exploration work. Our field crews are actively following up geochemical anomalies, both along trend and along parallel structures identified in 2018.”
The Company has requested that the TSX Venture Exchange extend the expiry date of the warrants for a term of six months, to September 3, 2019. All other terms and conditions of the warrants, including the acceleration clause, remain the same.
“From an operational standpoint, 2018 was another strong year as we exceeded production forecasts at lower than expected unit costs for a seventh consecutive year while growing gold reserves and successfully advancing our Nunavut development projects”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.
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