Vangold intends to use the net proceeds from the private placement for general working capital and corporate purposes. The proposed increase in the private placement remains subject to acceptance by the TSX Venture Exchange.
Torq Resources Inc. announces the appointment of Stacy Rowa as Chief Financial Officer and the resignation of Peter Rees as Chief Financial Officer and Corporate Secretary, effective April 1, 2019. Mr. Rees is resigning to pursue a new opportunity.
GREAT PANTHER MINING LIMITED reports that Dr. Nicole Adshead-Bell has resigned from the Company’s Board of Directors effective today.
Igor Gonzales, President, and CEO of Sierra Metals stated: I am very pleased with the Companys performance during Q4 and full year 2018. Despite challenges such as harsh weather events in Q3 at the Bolivar Mine, the Company generated positive cash flow at its three operating Mines, realizing a 13% increase over 2017, and our production results were solid with year over year increases to the consolidated production of all metals except lead. The Company continues to realize positive returns on the capital investments and operational improvement efforts at all our Mines.This is best demonstrated through our improving operating performance, strengthening of our asset base, significantly lower all-in sustaining costs and continued strong cash flow.
:Fortuna Silver Mines Inc. reports that the Company has filed today updated technical reports on its San Jose Mine and Caylloma Mine dated effective February 22, 2019 and March 8, 2019, respectively. The technical reports are available on the Company’s website, on SEDAR, and on the SEC’s website.
This is an exciting development for the Pino de Plata project, stated Karl Boltz, the Company’s CEO. Field observations and historical data indicate that areas no focussed on during the preparation of the NI 43-101 report merit detailed field work and sampling prior to final selection of drill hole collar locations.
Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission (CONAGUA) has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains. CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company received a fine of approximately US$42,000 related to the incident.
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico.
Gobierno del Estado anuncia Conferencia Minera Discovery que se llevará a cabo en Mazatlán del 2 al 4 de abril, con la presencia de más de mil participantes, entre contratistas, productores, proveedores y estudiantes
El Director General de la compañía Mexico Mining Center, Ing., Douglas Coleman dijo que, Estamos orgullosos de esta hermosa sede y anticipamos una excelente conferencia con una gran asistencia proveniente de diferentes partes del mundo.
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