Month: September 2019

Bacanora Lithium plc – Directorate Change

Bacanora Lithium plc, the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.

Programa Comunitario de Alamos Gold es Reconocido como Mejor Práctica de RSE 2019

El comunicado firmado por el Lic. Jorge G. Villalobos, Presidente de Cemefi, señala: “Nos da mucho gusto constatar que gracias al compromiso y liderazgo de empresas como Minas de Oro Nacional – Alamos Gold, sigue creciendo en nuestro país la cultura de la responsabilidad social empresarial, para beneficio de todos.”

Defiance Announces Correction To Warrant Extension

Defiance Silver Corp. announces that it has applied for TSX Venture Exchange approval to extend by one year the expiry date of an aggregate of 5,750,001 outstanding warrants (not 6,187,201 warrants as announced September 4, 2019) exercisable at $0.45 per share.

Silver Spruce Samples More High Grade Gold Surface Mineralization at Cocula Advanced Gold Project

The recent work indicates that past drilling may have inadequately explored the geometry of the mineralization over several targets. The previous drilling was done by the reverse circulation method and no structural information was obtained. Many of the drill holes in the main structure are vertical and do not cross structures interpreted as steeply dipping whereas drill holes to the west are angled, though too short to intersect the main mineralization tested by the vertical holes. The Company intends to test these areas during its first drill program.

Sonoro Prepares to Launch Phase 3 Drilling Program at Cerro Caliche

Sonoro Metals Corp. reports that a comprehensive program of 3D modeling, mapping and sampling is currently underway at the Company’s Cerro Caliche gold project in Sonora State, Mexico. The program is a continuation of the Company’s strategy of systematically exploring Cerro Caliche as it concurrently advances its proposed heap leach pilot operation. Drilling to date continues to outline shallow, bulk tonnage gold mineralized zones with grades similar to operating heap leach mines in the region.

Millrock Completes Sales of Certain Mexico Assets

Millrock has retained two projects in Mexico. The first, El Batamote, targets porphyry copper deposits and is situated in a prime belt which also contains two exceptionally large copper deposits, La Caridad and Cananea. The second project, Guadalcazar, is an oxidized, precious metal-bearing polymetallic skarn deposit located in central Mexico.

Iron Ore Glory Days Seen Numbered as China Demand Rolls Over

Iron ore faces a long, slow slide over the coming half-decade. Prices are poised to decline over the long term as the impact of weakening demand in biggest buyer China will more than offset gains in consumption seen in other emerging markets including India, according to Citigroup Inc.

Impact Silver Rallies on High Grade Results

Impact Silver Corp. [IPT-TSXV; IKL-FSE] shares rallied Wednesday September 11 after the company announced high-grade silver results from underground drilling at the San Ramon Mine in the Royal Mines of Zacualpan District, central Mexico.

All News