Levon Resources Ltd. is pleased to announce it has agreed to make an investment into Pershing Gold Corporation in the amount of US$9.85 million, acquiring 35,178,572 shares of common stock of Pershing, representing an approximate 9.9% interest in Pershing. The transaction is expected to close on or about October 17, 2014. Pershing’s common stock is traded on the OTCQB under the symbol PGLC.
SilverCrest Mines Inc. is pleased to announce silver and gold production results for the third quarter of 2014 from its 100% owned Santa Elena Mine located in Sonora, Mexico. The Santa Elena Mine is in the process of finalizing the transition from an open pit heap leach to underground mining and milling operations. For additional information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.
Argonaut Gold Inc., announced today that the Company produced 32,122 gold equivalent ounces during the third quarter ended September 30, 2014. This included 22,980 GEOs at its 100% owned El Castillo Mine located in Durango, Mexico and 9,142 GEOs at its 100% owned La Colorada Mine located near Hermosillo, Mexico. Additionally, the Company reported record GEOs loaded to the pads in Q3, which will be reflected in the fourth quarter production numbers.
Quarterly and year to date attributable silver production (including the Silverstream) remained at similar levels to the comparable periods of 2013, mainly due to higher ore volumes processed at Saucito and increased production from the Silverstream, which compensated for the lower ore grade at the Fresnillo mine.
Orex Minerals Inc. has awarded a 5,000 metre diamond drilling contract to Kluane Mexico S.A. de C.V., a subsidiary of Kluane Drilling Ltd., for the Los Crestones Gold-Silver-Copper Project, 100 km north of Culiacan in Sinaloa, Mexico.
Arian Silver Corporation announces the execution of a $32 million joint financing package with Quintana AGQ Holding Co. LLC and Quintana San Jose Streaming Co. LLC. The new financing arrangements should complete the Company’s funding requirements for the project and take the company to full-scale commercial production.
Igneous Capital Limited issues this press release pursuant to Part 3 – Early Warning Requirements of National Instrument 62-103 with respect to Bacanora Minerals Ltd.
Gold Resource Corporation announces the appointment of Mr. Oscar Zelaya as General Manager of its El Aguila Project, succeeding Mr. Jesus Rivera who will pursue other interests. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $100 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
BACANORA MINERALS LTD. is pleased to provide an update on progress with activities underway for the purpose of advancing the Magdalena Borate Project toward feasibility of boric acid production. The Company has retained the services of Process Engineering LLC to design a plant capable of producing up to 25,000 tonnes of boric acid per year from borate minerals to be mined from the El Cajon deposit. The Company also continues performing metallurgical tests in order to refine and optimise the boric acid production at pilot scale.
Sierra Metals Inc. is pleased to announce that Audra Walsh has joined the Company’s Board of Directors effective October 14, 2014. Ms. Walsh replaced Daniel Tellechea as the Company’s President and CEO on July 28, 2014 and is now replacing Mr. Tellechea on the Board of Directors. Mr. Tellechea has retired after serving as President, CEO and a Director of the Company since 2007.
Mexico Mining Center © 2021 / All Rights Reserved
