Mako Mining Corp. today announced that it will conduct an offering of rights to acquire common shares of the Company to raise gross proceeds of C$27,000,000.
Finnish industrial machinery company Metso has announced its acquisition of McCloskey International, a Canadian mobile crushing and screening equipment manufacturer.
Ethos Gold Corp. is pleased to announce the commencement of its maiden drill program at the La Purisima gold project in north-west Chihuahua State, Mexico. The initial program will comprise approximately 3,000 meters of reverse circulation drilling in a planned 15 RC holes. The drilling will target near surface, bulk tonnage, oxide gold mineralization.
Oroco Resource Corp. is pleased to announce the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa, Mexico. The Technical Report has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for use by the Company and by Altamura Copper Corp. for filing as a Technical Report with Canadian securities authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, per the NI 43-101F guidelines.
Galore Resources Inc. announces that further to its news release of May 27, 2019 which advised the Company had received a USD $100,000 loan from an officer of the Company in order to pay expenses related to its current 2,500-meter diamond core drilling program at Galore’s 100% owned El Alamo target, the Company has now agreed to issue 2,000,000 bonus warrants to the Lender as further consideration for the loan. The bonus warrants will be exercisable for a period of one year from the date of issuance at a deemed price of $0.05. The issuance of these bonus warrants will be subject to the acceptance by the TSX Venture Exchange.
Kootenay President and CEO, James McDonald stated: ‘We thank Pan American for the considerable work they have done on the Project, in particular the extensive drilling completed at the La Negra high-grade silver discovery. Combined with the existing large resource base of Promontorio and over US$3.6million in exploration expenditures funded by Pan American in advancing the Project, we are regaining control of 100% of what we consider to be very valuable assets.’
Global miners BHP Group, Anglo American Plc and Glencore Plc revealed details on tailings dams, months after ethical investors sought the information following a second deadly dam disaster in Brazil.
Jourdan Resources Inc. announces today that Deborah Battiston was appointed as the Chief Financial Officer of the Company, effective as of June 1, 2019, following the resignation of Stephen Woodhead, effective May 31, 2019.
Goldgroup Mining Inc. announces it will hold its Annual General Meeting of shareholders on Wednesday, July 31, 2019 at 10:00am (PST).
We saw activity pick up in the second half of the quarter after getting off to a slow start with many of our rigs only restarting by mid-February, said Denis Larocque, President and CEO of Major Drilling Group International Inc. Our Canadian operations did particularly well at the end of the quarter as we grew our market share in specialized drilling.
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