Day: February 24, 2012

Colibri updates activities on Ramard Silver property, Sonora, Mexico

Colibri Resource Corporation is pleased to announce progress on its Ramard silver project located near the municipality of Carbo, State of Sonora, Mexico. Colibri recently completed a comprehensive exploration program over the Ramard property, which included geologic mapping, a systematic rock and soil geochemical sampling program, and a ground-based 3D Induced Polarization geophysical survey.

Newstrike Capital, Inc. Announces $24.8 Million Bought Deal Private Placement

Newstrike Capital, Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Scotia Capital Inc., Euro Pacific Canada Inc., Desjardins Securities Inc., Macquarie Capital Markets Canada Ltd. and Raymond James Limited pursuant to which the Underwriters have agreed to purchase 8,000,000 common shares of the Company on a bought deal private placement basis at a price of $3.10 per Common Share.

ABOT Mining Estimates Potential Asset Value in Excess of $1 Billion on Mexican Gold Property

ABOT Mining is pleased to announce potential production of up to 900,000 ounces of Au from processing of approximately 400,000 tons ores available on our JV Partner Mexican gold property. As reported earlier, initial flotation engineering results from the surface of the ore indicated a recovery value of 89.00% of the Au and showed 2.51 ounces of Au per metric ton of ore. This cumulative ore tonnage represents possible production of over $1.5 billion in today’s gold prices.

Gold Resource Corporation Declares February Monthly Dividend

Gold Resource Corporation declares its instituted monthly dividend of $0.05 per common share for February 2012 payable on March 23, 2012 to shareholders of record as of March 12, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Azure launches PFS in Mexico

ASX-listed Azure Minerals has started a prefeasibility study (PFS) on its Promontorio copper-gold-silver project, in Mexico.

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.