Morro Bay Resources Ltd. is pleased to announce drilling has commenced on the Penoles Project, an Epithermal Type Gold-Silver target in Mexico’s prolific Durango Silver Belt. The current 3,000 meter drilling campaign is targeted on expanding the mineralization area identified by previous drilling campaigns.
Rare Earth Minerals PLC said Tuesday that it had increased its interest in Bacanora Minerals Ltd to 5% from 3.17%.
Assay results from 13 samples taken in the Northern Extension deliver results of up to 4.52% copper and 32.7 g/t silver. The 13 samples averaged 0.969% copper and 11.2 g/t silver. Northern Extension mineralized section length increased from 300 meters to 450 meters.
AuRico Gold Inc. reports financial results for the three and twelve months ended December 31, 2013. The Company will host a conference call on Tuesday, March 4, 2014 beginning at 8:30 a.m. Eastern Time.
Highvista Gold Inc. reports that it has released its unaudited condensed interim consolidated financial statements for the three and nine months ended December 31, 2013 and the related management’s discussion and analysis of financial position and results of operations.
GOLDCORP INC. is pleased to declare its third monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, March 13, 2014 will be entitled to receive payment of this dividend on Friday, March 21, 2014.
GOLDCORP INC. announced today that the legal action commenced by Osisko Mining Corporation in the Quebec Superior Court has been resolved based on an agreement reached between Goldcorp and Osisko. Pursuant to the agreement, Osisko has agreed to provide Goldcorp full due diligence access to its business and assets immediately following the announcement of any transaction outside the normal course of its business, or in any event, no later than April 1, 2014. Osisko has also agreed to waive its shareholder rights plan no later than April 14, 2014. Goldcorp has agreed not to take up and pay for any Osisko shares under its offer until April 15, 2014.
BIG NORTH GRAPHITE CORP. is pleased to announce the appointment of Mr. Daniel R. Bleak as a Director and Chairman of its Board of Directors. Mr. Bleak has over 30 years of experience in mineral exploration and has developed and managed a broad range of exploration projects throughout North America and Mexico. He has been instrumental in the discovery of several producing mineral deposits and has developed decorative rock and industrial materials businesses in the Southwest United States and Mexico.
Riverside Resources Inc. is pleased to announce that the Company has staked and is in the process of acquiring title to the Compuerta Copper Project in Sonora, Mexico. The Project will now be advanced under the terms of the Company’s copper porphyry exploration alliance with a wholly owned subsidiary of Antofagasta plc. The Project is located 6 km south of the Washington Cu-Mo deposit and 75 km SW of the La Caridad Cu-Mo Mine, part of the most productive portion of the NW Mexico Laramide Copper Belt. Early results from initial rock chip sampling conducted by Riverside have returned up to 0.7% copper (Cu) from outcrops and the Company has received initial approvals from Antofagasta for additional funding to carry out further exploration and target definition at Compuerta, subject to execution of an earn-in and option agreement.
Freyja Resources Inc. is pleased to announce that on February 28, 2014 it completed its previously announced $1,020,000 share exchange pursuant to a share exchange arrangement entered into with Global Resources Investment Ltd., an equity private placement of 1,827,100 units at a price of $0.17 per Unit for aggregate gross proceeds to the Corporation of $$310,517 and a private placement of 750 units at a price of $820 per Debenture Unit for gross proceeds of $615,000.
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