Soltoro Ltd. is pleased to announce it has closed a non-brokered private placement of an aggregate of 9,750,000 units at a price of $0.10 per Unit for total gross proceeds of $975,000.
Cayden Resources Inc. is pleased to announce that it has received results from its ongoing surface exploration program at its El Barqueño property located in Jalisco State, Mexico. The trenches are from the Angostura, Poncho West and Zapote target areas. Highlights include 17 meters of 3.18 g/t Au,13 meters of 3.56 g/t Au,14 meters of 2.18, and 4 meters of 5.58 g/t Au (please see Table 1 for a full presentation of results).
Source Exploration Corp. is pleased to announce the commencement of a 2,800 metre diamond drilling program at its Las Minas property. The drilling will focus on delineating higher-grade zones of skarn mineralization outlined by earlier drilling programs at the Eldorado and Santa Cruz discovery areas in preparation for an initial resource calculation.
The Company’s exploration drilling programs in Mexico enjoyed continued success in 2013, highlighted by the discovery of two areas of high-grade, silver-gold vein mineralization at the Bolañitos and El Cubo mines respectively in Guanajuato State, and the extension of a thick, high-grade, silver-gold vein discovery within the Terronera vein on the San Sebastián property in Jalisco State.
Avino Silver and Gold Mines Ltd. is pleased to announce the January 2014 production results from its San Gonzalo mine and Avino Mine surface stockpile operations located on the Avino property near Durango, Mexico.
El Tigre Silver Corp. President and CEO, Stuart Ross, discusses with Proactive Investors El Tigres recent developments & upcoming catalysts. El Tigre Silver currently owns 100% of 9 mining concessions, 8 comprising 21,500 hectares (215 square kilometres) located in the Sierra El Tigre, northeastern Sonora State in Mexico. El Tigre currently has 55,697,109 shares outstanding and 71,558,609 shares fully diluted. El Tigres business plan has two key components. The first is to continue toward the development of a production facility to recover silver and gold from a large tailings pile resulting from 35 years of production at the original El Tigre mine, and the second is to reinvest the revenue from the processing of the tailings towards the exploration and development of the in-situ mineral resource and the historical waste dumps.
Source Exploration Corp. today announced that its board of directors has approved an amendment to the by-laws of the Corporation (By-Law No. 1) to include mandatory procedures for nominations of persons for election to the Board, including an advance notice requirement for nominations of directors by shareholders in certain circumstances.
GOLDCORP INC. is pleased to declare its second monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, February 13, 2014 will be entitled to receive payment of this dividend on Friday, February 21, 2014.
Riverside Resources Inc. is pleased to announce that it has signed a Definitive Agreement with a private Mexican company to acquire an undivided 100% interest in the Cajon Gold Project. The 94 km2 Project is located approximately 7 km east of the Cerro Colorado Mine and approximately 55 km west of the San Francisco Mine, within the Sonora Megashear Gold Belt, and in the source area of the Boludo placer gold fields, one of northern Mexico’s most productive placer districts. Recent exploration work completed by the private company, and its past option partner, demonstrates excellent potential with a number of historically sampled high-grade mineralized systems covering 10 separate target areas.
Further to its press release of December 2, 2013, Cortez Gold Corp. announces that it has entered into agreements with various lenders for a debt facility in the aggregate amount of US$2 million, which funds have now been advanced to the Company. No payments are required on the Loan, which has a 24-month term, until after the 18th month following the effective date of disbursement of the Loan funds. After the 18th month, a payment of interest only will be due and payable (covering interest for the 18 months that the Loan will have been outstanding), and interest payments shall continue thereafter on a monthly basis until the end of the term. At the end of the term, the principal amount plus any outstanding interest will be due and payable.
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