Kootenay Silver Inc. is pleased to report that Aztec Minerals Corp. today announced positive bottle roll gold recoveries from metallurgical test-work conducted by Bureau Veritas on the California porphyry gold-copper drill core from the Cervantes property in Sonora, Mexico.
Xtierra Inc. announces that it intends to raise up to $1,000,000 by way of a non-brokered private placement of common shares.
We are pleased to announce the next phase of exploration at our high grade Manto Negro Copper Property said Michael McPhie, President and CEO of Prize. In our recently completed Phase 1 drilling program we tested just a small part of our wholly owned 18,000 hectare property that contains 35 meaningful surface copper showings over a 45 kilometer trend. Building on encouraging Phase 1 results, the next phase of exploration is intended to further define the scale, grade and potential of this district scale property said McPhie. With the increased interest in copper and other metals used in sustainable energy sources by investors and major mining companies globally, we believe Manto Negro stands out as a unique opportunity to create value for our shareholders in the near term.
Ridgestone Mining Inc. is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,120,000 which is expected to consist of units with each Unit comprised of one common share and one-half of one common share purchase warrant at a price of $0.14 per Unit, or such other price per unit determined by Ridgestone Mining management in compliance with TSX Venture Exchange pricing regulations. Each Warrant will be exercisable for one additional common share of Ridgestone Mining at a price of $0.25 per share for a period of eighteen months following the closing of the Financing.
We are pleased to report these very positive early stage metallurgical tests which indicate that the California oxide, mixed oxide/sulfide, and sulfide gold zones should be amenable to cyanide heap leach or agitated leach processing methods. More detailed test-work is needed to draw any definitive conclusions but these results are a great start, commented Joey Wilkins, President and CEO.
Orla Mining Ltd. is pleased to announce that it has filed a final short form base shelf prospectus in order to maintain financial flexibility as Orla continues to advance the Camino Rojo Oxide Project towards a construction decision later this year and ensuring the Company remains on track with the development of its first mine. The Shelf Prospectus has been filed with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has no immediate intentions to undertake an offering of securities under the Shelf Prospectus.
Vangold Mining Corp announces that upon the recommencement of trading of the Company’s common shares, the shares will trade on two old for one new share consolidated basis. The Company’s name and trading symbol will remain unchanged. The record date for the consolidation is March 12, 2019.
En épocas antiguas, las mujeres no podían entrar a una mina porque se creía que era de mala suerte; que su presencia ahuyentaría a los minerales o que la veta se escondería porque las minas eran celosas, pero ese mito se erradicó y la presencia de la mujer en la minería crece día con día.
Este lunes por la mañana amanece restablecido el acarreo de mineral de hierro de la mina de Ternium a Tecomán, y con ello se reactiva la economía en toda la ruta “Desde donde nace el aceero”, misma que desde el domingo por la noche empezó a ver movimiento de tractocamiones.
With the closing of the first tranche, Defiance has strengthened its balance sheet and significantly reduced its outstanding liabilities. Defiance intends to use the proceeds of the financing to permit and complete an aggressive drill program at its San Acacio Silver project that will drill test the recently defined silver-copper anomaly that starts at a depth of 200m and continues to over 1km in depth and measures 400m in wide and 300m in long.
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