Month: December 2019

Mammoth Provides Update on Activities at its Tenoriba Gold Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on activities at Tenoriba, stating: “Centerra returned to the area in mid-October to renew its consultation efforts with the objective of formalizing surface access agreements with both of the two ejidos and the re-initiation of exploration activities on the property as soon as possible. Two additional meetings are scheduled this year to advance this process with the two ejidos.”

Teck Announces New Collective Agreement at Carmen de Andacollo Operations

Teck Resources Limited announced today that the Teck Carmen de Andacollo Workers Union, which represents 473 workers at Teck Carmen de Andacollo Operations (CdA) in Chile, has ratified a new 36-month collective agreement. The benefits of the agreement are effective as of December 5, 2019, and operations have now resumed at CdA.

Tocvan Ventures Corp. shares listed on the Frankfurt Stock Exchange

Having recently completed a transaction with Colibri Resource Corp. to earn up to a 100% interest in the Pilar Gold property located in The Sonora State of Mexico, the company is pleased to be listed on the FSE, and is undertaking a number of initiatives to explain the company’s potential for large economic discoveries to wider base of potential retail and institutional investors.

Megastar Identifies Multiple High Potential Epithermal Targets at Magdalena Project, Mexico

Exploration manager and Director David Jones states: “Our experienced and highly motivated team has generated multiple high-potential epithermal targets in only two short months. We have mapped a principal 300 by 285 meter area of surface gold mineralization defined by 58 samples above 0.20 g/t, which include two samples above 3.00 g/t gold, and 12 samples above 1.00 g/t gold. This main zone, along with other prominent outliers, constitute easy-to-access and drill-ready targets. We look forward to rapidly advancing and expanding the potential of the Magdalena project.”

San Marco Retains Momentum Public Relations Inc. for Strategic Business Development

Momentum, a Montreal, Quebec based public relations firm, will assist the Company in increasing public awareness by managing the Company’s corporate communications and marketing activities and facilitating dialogue with the Company’s shareholders, finance professionals, analysts and media contacts within the North American investment community.

Invertirá Grupo México 250 MDD en Energía Renovable

Como parte de su estrategia de crecimiento en inversiones en energías renovables, Grupo México Infraestructura realizará una inversión de 250 millones de dólares para construir el parque eólico Fenicias en el estado de Nuevo León. Este proyecto será desarrollado por Invenergy, la empresa independiente de energía renovable más grande de Norteamérica.

First Mining Announces $2.0 Million Flow-Through Equity Financing

The gross proceeds raised from the sale of the Offering will be used by First Mining to fund exploration programs that qualify as “Canadian Exploration Expenses” and “flow-through mining expenditures”, as those terms are defined in the Income Tax Act (Canada).

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