PREMIER GOLD MINES LIMITED is pleased to announce the results of its 2019 annual meeting of shareholders held in Toronto, Ontario on June 25, 2019.
Gold Resource Corporation declares its monthly instituted dividend of 1/6 of a cent per common share for June 2019 payable on July 23, 2019 to shareholders of record as of July 11, 2019.
Minera Alamos Inc. is pleased to announced that it has entered into a definitive assignment and assumption agreement dated June 25th, 2019, with ePower Metals Inc., Vista Gold Corp., and the Mexican subsidiaries of each of ePower and the Company, pursuant to which the Company will assign the rights to an option to earn a 100% interest in the Guadalupe de los Reyes gold project in Sinaloa State, Mexico. Minera Alamos currently has the right to acquire a 100% interest in Guadalupe, pursuant to an option agreement entered into with Vista Gold. The Assignment Agreement replaces the previously announced binding letter of intent entered into between the Company and ePower effective April 22, 2019.
Por mayoría, diputados locales recomendaron a las 18 empresas mineras instaladas en la entidad que cambien sus domicilios fiscales a Zacatecas y destinen un porcentaje de sus cargos directivos a trabajadores y pobladores de la región donde operan.
Millrock President & CEO Gregory Beischer commented: ‘We are pleased to have sold these projects to Riverside. We are bringing greater focus back to Alaska, and Riverside should be able to make good use of the database we have transferred to them. Ultimately we feel confident that Riverside will be able to find funding partners for the projects. If exploration on those projects is successful, Millrock shareholders will benefit from the portfolio of retained royalty interests.’
Carlos Silva, Chief Operating Officer of Santacruz, commented, ‘We are pleased with the progress of Phase 1 of the diamond drilling campaign. These drill results, in addition to those previously announced, confirm the continuation of the targeted mineralized veins along strike and at depth.’ Mr. Silva continued, ‘We have just started to realize the potential of this Zacatecas historical mining district where we control over 9,000 hectares covering a significant number of known veins and mineralized areas. Our plan is to build in Zacatecas a solid silver producing asset.’
Galore Resources Inc. is pleased to report that its 2,500- meter diamond core drilling program at Galores 100% owned El Alamo target and part of the larger Dos Santos project continues to progress well. Drill hole EA-001 was completed to a depth of 251m and EA-002 is underway. Senior geologists onsite are enthusiastic about what the drilling has encountered in the way of alteration and rock types. Logging of EA-001 has been completed and the core is currently being sawed and sampled for delivery to ALS Geochemistry laboratory in Zacatecas.
Prize Mining has two highly prospective assets in great jurisdictions with the Kena Gold Project in British Columbia and the Manto Negro Copper Project in Mexico said Michael McPhie, President and CEO of Prize. We have an active exploration program underway in Mexico and, with the recent strength in the gold market and our exploration success over the past year, we are looking at opportunities to advance and create further value at Kena. With a 1.8 million ounce NI 43-101 indicated and inferred gold resource in a historical mining district of BC, our goal of this work is to better understand and evaluate the economic and development potential of this project.
The Companys former Executive Chairman, Dennis Edmonds, set a strategy of reducing corporate overheads, value accretion of the Mexican asset portfolio and acquiring or entering into joint ventures for additional projects in Mexico or other jurisdictions with an established mining community, stable political background, and where we can be assured of strong operational control.
Riversides President and CEO, John-Mark Staude, stated: ‘Riverside has followed some of these Projects for many years now. Acquiring these Projects in one cost-effective transaction is a very nice step for the Company to further expand on years of data compilation and previous work with additional exploration and joint-venture opportunities moving.’
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