Day: October 24, 2013

Mammoth Resources Begins Geophysics Survey on Its Tenoriba Project, Mexico

Mammoth Resources Corp. is pleased to announcethat is has begun a ground Induced Polarization (IP) and Magnetometer(Mag) geophysical survey over select areas of the company’s Tenoribaproperty, located in the prolific Sierra Madre precious metal belt insouth western Chihuahua state, Mexico.

Oremex Silver Options Chalchihuites Project to First Majestic

Oremex Silver Inc. announces that the Company and its wholly-owned Mexican subsidiary, Minera Mantos S. de R.L. de C.V., have entered into an agreement with First Majestic Silver Corp. pursuant to which the Company and Minera Mantos will grant to First Majestic an option to acquire, through a wholly-owned Mexican subsidiary, each of (i) an undivided 100% registered and beneficial title to the Company’s Chalchihuites mineral exploration property and (ii) all of the right, title and interest of the Company in the Navidad mineral exploration property as at the time of the exercise of the Company’s option in relation thereto in exchange for the aggregate option payment of $1,500,000. Oremex considers the Properties to be non-core assets of the Company.

Goldcorp reports 2013 third quarter results

Goldcorp Inc. today reported adjusted quarterly revenues1 of $1.2 billion, generating adjusted net earnings1,2 of $190 million, or $0.23 per share, compared to $441 million, or $0.54 per share, in the third quarter of 2012. Revenues were $929 million and net earnings were $5 million in the quarter compared to net earnings of $498 million in the third quarter of 2012. Adjusted operating cash flow1,3 was $375 million, or $0.46 per share, compared to $686 million, or $0.85 per share, in the third quarter of 2012.

Appeal Against First Majestic Dismissed

First Majestic Silver Corp. is pleased to announce that further to its news release on September 30, 2013, the Court of Appeal has dismissed the appeal of Hector Davila Santos and Minerales y Minas Mexicanas, S.A. de C.V.

ALS is a global leader in providing laboratory testing, inspection, certification and verification solutions. Assuring our community by providing high quality, innovative, professional testing services to help our clients make informed decisions.

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.