Month: June 2013

Goldgroup Announces Appointment of Keith Piggott as President & CEO

Goldgroup Mining Inc. announced today that its Board of Directors has appointed Chairman & Director, Mr. Keith Piggott, as President and Chief Executive Officer, replacing Dr. Hans von Michaelis. Dr. von Michaelis has resigned as the Company’s President and CEO to pursue other business interests but remains a committed member of its Board of Directors. Mr. Piggott has a proven track-record of operating companies efficiently through difficult economic times and is also the Company’s largest shareholder.

Aurcana Announces $50 million Loan Facility

Aurcana Corporation is pleased to announce that it has accepted an indicative terms sheet from RK Mine Finance, part of the Red Kite Group, one of the largest metal merchants in the world, for an unsecured 3 year loan facility of $50 million and silver Offtake Agreement for the silver produced at the Shafter mine.

Guerrero Exploration Inc. (TSX: V.GEX) was up 4.4% to 12 cents.

The stock is reacting to news that the junior explorer had received the title certificates for its 100% owned Cibola and Coatepec concessions, and expects the Olinala concession to be granted in the coming months. Collectively, the three concessions overlap a combined surface area of 137,546 hectares in the Mixteca Terrane of eastern Guerrero State, Mexico. The company expects that exploration of these concessions will start in the fall of 2013.

Baja Mining Signs Option Agreement

Baja Mining Corp. is pleased to announce that it has entered into an option agreement whereby it can earn up to an 80% interest in Cinto Colorado S. de R.L. de C.V., a private Mexican company. Cinto’s main asset is a surface lease which entitles Cinto to process and/or sell tailings and slag now stored on the lands subject to the Lease. Baja’s preliminary due diligence review indicates the tailings and slag contain significant residual copper and cobalt.

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.

All News
MMC Banners Q4 2022_Cerro Casale_02 (1)

PhotoSat uses proprietary deep learning algorithms to produce elevation surveys and alteration mineral maps from satellite imagery.
Our methods are fast, safe, and reliable, with no need for ground access. Since 2005, we have delivered more than 1300 mine site surveys and over 300 alteration projects in over 75 countries..