Month: April 2019

El director de Telson Mining Corporation, José Antonio Berlanga Balderas, informó que Campo Morado de Arcelia, una mina marginal y pequeña, genera una derrama económica de 100 millones de pesos mensuales.

First Mining Gold Corp. is pleased to announce the appointment of Mal Karwowska as the Company’s Vice President, Corporate Development and Investor Relations, effective April 1, 2019.

Thomas A. Doyle, President, CEO, stated, I am very pleased that Aloro’s Environmental Consultant and her team were able to prepare and submit the new permit in relatively short period once we received the new Ejido agreement. I look forward to get the drill rig back on the property and follow up on what we have discovered in LVRC 12 in the south east portion of the property.

Americas Silver Corporation and Pershing Gold Corporation are pleased to announce that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the companies’ previously announced business combination transaction and that CFIUS has determined that there are no unresolved national security concerns with respect to the Transaction. Americas Silver and Pershing Gold expect to complete their business combination transaction on or about April 3, 2019, subject to customary closing matters.

A total of four transactions have resulted in eight properties and one subsidiary being sold and/or optioned for total consideration of US$2.1 million. The related properties include the Geisler Property, located in the Red Lake district of Ontario, the Faymar Property in Timmins, Ontario and the Santa Teresa Property, located in Baja, Mexico. The Company also entered into an option agreement for the sale of Goldstone Resources Limited, the subsidiary that holds the historic Northern Empire, Leitch and Sand River Mines, as well as other exploration-staged projects in the Beardmore, Ontario region.

For most of the quarter, the Company was focused on hurricane recovery at the La Trinidad mine in Mexico, and exploration and preconstruction activities at the San Albino project in Nicaragua.

Westminster Resources Ltd. announces that further to its news release dated February 15, 2019, the Company’s proposed private placement (the “Offering”) is continuing and an extension of 30 days to close the Offering has been granted by the TSX Venture Exchange.

The portfolio of 18 royalties being sold are all on assets not owned by Alamos. This includes a 2% NSR royalty on the El Realito property, adjacent to the La India mine in Sonora, Mexico and a 1.5% NSR royalty on the Wasamac project, and 1.0% NSR royalty on the Beaufor Mine, both located in Quebec, Canada. The majority of the remaining royalties being sold are on exploration stage properties.