This payment confirms Barksdale’s intention to continue with its existing option agreement on the 760-acre Four Metals project, located 3km south of the Company’s flagship Sunnyside project and 2km west of the 100% owned San Antonio project.
The amended terms will allow Tarachi to continue focusing exploration efforts and expenditures on the most favorable concessions including Jabali, San Javier, Juliana and La Texana while reducing both near- and medium-term cash obligations.
Con la reforma a la Ley Minera en México se le dio el tiro de gracia a la intención de la empresa canadiense Organimax Nutient Corporation de explotar litio en Coahuila; tenía en trámite la cuarta concesión más grande del país con 303 mil hectáreas.
The net proceeds from the Units will be used by the Company for working capital purposes related to the ramp-up of mining and milling operations at the Tahuehueto Mine and for general working capital purposes.
Magna Gold Corp. announces that, further to its news release dated March 18, 2022, the Company has issued an aggregate of 1,660,132 common shares in the capital of the Company at a deemed price of $0.76 per Common Share to PEAL de Mexico S.A. de C.V. in settlement of outstanding debt in the aggregate amount of US$1,000,000.
El Estado será el único autorizado para explotar litio en México. La ley fue aprobada en tiempo récord tras dos días de ser enviada por el presidente Andrés Manuel López Obrador y proyecta la creación de una empresa nacional: Asociación Mexicana Litio (AMLITIO).
“Management is very pleased to see the targeted mineralization intersected at the anticipated depths in the North Zone, with significant intervals existing in all holes. Drilling results have established wide, near-surface intersections of good grade Cu-Mo-Au mineralization, confirming the primary target of this drill program.”
“The HotBx property is located in the heart of the Laramide-aged Arizona Copper Belt, one of the most prolific copper producing districts in the world. HotBx has an address that is second to none with well established, world-class copper deposits in all directions from this central location” stated Steve Robertson, President & CEO of Infinitum Copper.
“These are great initial results we are really pleased to have hit a substantial vein at Pique Viejo with the first two drill holes there and to have hit high-grade gold from surface at Big Pit.” Michael Wood CEO of Reyna Gold commented.
Senadores de las comisiones unidas de Minería y Desarrollo Regional y de Estudios Legislativos, aprobaron este martes la reforma a la Ley Minera que envió el presidente Andrés Manuel López Obrador, la cual establece que el el litio es patrimonio de la Nación.
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