Month: June 2014

Avino Proposes to Acquire Common Shares of Bralorne Gold Mines Ltd.

Avino Silver & Gold Mines Ltd. is pleased to announce that by a share purchase agreement dated June 25, 2014, it has agreed to privately acquire 9,500,000 common shares of Bralorne Gold Mines Ltd. for a purchase price of CAD$0.28 per share, representing approximately 33.3% of Bralorne’s total issued and outstanding shares. The Proposed Transaction will proceed by way of an exempt take-over bid, after the vendor provides the required statutory 7 days’ notice of intent to distribute securities of Bralorne. Other than 179,149 common shares of Bralorne previously held by Avino, neither Avino, nor any other persons acting jointly or in concert with Avino, previously held any other securities of Bralorne. Accordingly, Avino will own upon completion of the Proposed Transaction, a total of 9,679,149 common shares of Bralorne, representing approximately 34% of the total issued and outstanding shares of Bralorne.

Cayden drills 45 meters of 4.06 g/t gold and 19 meters of 4.98 g/t gold at Pena de Oro

Cayden Resources Inc. is pleased to announce results for 11 additional drill holes from the Pena de Oro target at the Company’s El Barqueno Gold Property in Jalisco State, Mexico. Highlights include 45 meters of 4.06 g/t Au with 0.39% Cu in hole 76, 19 meters of 4.98 g/t Au with 0.26% Cu in hole 80, 20 meters of 2.58 g/t Au with 0.36% Cu in hole 73 and 30 meters of 1.70 g/t Au with 0.88% Cu in hole 78.

Cayden drills 45 meters of 4.06 g/t gold and 19 meters of 4.98 g/t gold at Pena de Oro

Cayden Resources Inc. is pleased to announce results for 11 additional drill holes from the Pena de Oro target at the Company’s El Barqueno Gold Property in Jalisco State, Mexico. Highlights include 45 meters of 4.06 g/t Au with 0.39% Cu in hole 76, 19 meters of 4.98 g/t Au with 0.26% Cu in hole 80, 20 meters of 2.58 g/t Au with 0.36% Cu in hole 73 and 30 meters of 1.70 g/t Au with 0.88% Cu in hole 78.

Avanza GMéxico pese a ambientalistas

Pese a las críticas de grupos ambientalistas, la construcción de la mina de cobre “El Arco”, propiedad de Grupo México, estará a finales de este año, aseguró el director de minería de Baja California, Víctor Nuza Montaño.

Avanza GMéxico pese a ambientalistas

Pese a las críticas de grupos ambientalistas, la construcción de la mina de cobre “El Arco”, propiedad de Grupo México, estará a finales de este año, aseguró el director de minería de Baja California, Víctor Nuza Montaño.

Bacanora Announces Filing of Technical Report and New Option Agreement with Rare Earth Minerals Plc

BACANORA MINERALS LTD. is pleased to announce the filing of a Technical Report in respect of its Ventana and Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is entitled, Updated and Reclassified Lithium Resources, – Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report summarizes increases to the resources tonnage and classification that were announced by the Company in its press release dated June 3, 2014. For a summary of those increases, readers are encouraged to refer to the prior press release or directly to the Report, which has been filed on SEDAR and is also available for download on the Company’s website.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.