Vista Gold Corp. today announced that it has signed a binding agreement to sell its debt and equity participation in the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group for US$13 million.
Radius Gold Inc. is pleased to report that drilling has started at the Santa Brigida epithermal silver-gold property located approximately 80 kilometres east-northeast of the city of Guanajuato in Mexico.
Orex Minerals Inc. is pleased to announce that additional trenching and reconnaissance channel sampling have extended the target for over 1.6 kilometres strike-length on the Impulsora structures of the Coneto Gold-Silver Project in Durango, Mexico. Results from the northernmost 380 metres were released on 20 August 2013. The following results are in addition to the previously released results and are all to the southeast. A technical committee, with representation of Orex and its project partner Fresnillo plc (LSE:FRES) (“Fresnillo”), is managing the Coneto exploration program.
Azure Minerals Limited hereby advises that Fat Prophets, a Sydney-based financial services and investment research company, has released an independent research report on Azures recent discovery of the Cascada high grade copper-gold-silver deposit. Cascada is part of the Companys Promontorio Project located in the Mexican state of Chihuahua.
La Semarnat recibió seis proyectos entre el 19 de diciembre de 2012 y el 4 de octubre de este año, pero sólo aprobó a Minera Frisco
For the first time in 75 years Mexico is ready to allow foreign oil extraction for finding its rich natural resources.
Kimber Resources Inc. is pleased to announce the closing of the private placement with Invecture Group, S.A. de C.V. which was announced in its news release of September 25, 2013.
Precipitate Gold Corp. is pleased to report results from ongoing due diligence work related to the Cecilia Project in Northeastern Sonora state, Mexico. Precipitate has the right to elect to proceed with an option to earn a 100% interest in the project. Due diligence work completed to date has included, but is not limited to: bottle roll test work, the acquisition and evaluation of previously unattainable historic drill core and reports from prior operators, review of the property’s concession and surface title rights, environmental/archeological evaluation, and surface and underground channel and grab sampling programs. The due diligence period expires October 24, 2013.
VVC Exploration Corporation is pleased to announce that further to its news release of September 5, 2013, the Share Purchase Agreement between VVC, Camex Mining Development Group Inc. and the shareholders of Camex has been signed by all parties. Pursuant to the terms of the Agreement, VVC will purchase all of the 6,649,200 issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of the Company (the “Issued Shares”) to the Vendors at closing. The Issued Shares will represent approximately 39.9% of all issued and outstanding common shares of the Company on a non-diluted basis, and approximately 33.0% on a fully-diluted basis. The Issued Shares will be subject to resale restrictions imposed by the TSX Venture Exchange for a period of 4 months from closing.
Agave Silver Corp. (formerly Cream Minerals Ltd.) is pleased to announce the following:
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