Day: May 6, 2015

Capstone Mining Protects 2015 Capital Program

Capstone Mining Corp. today announced that it has entered into zero-cost collars for 36,000 tonnes of copper production between now and September 30, 2015 (with pricing periods from June 2015 to February 2016) at a minimum of US$2.60 and a maximum of US$3.10 per pound of copper. There was no cost to Capstone to put this protection in place.

Silver Standard Receives Final Cash Payment for the Sale of the San Agustin Project

Silver Standard Resources Inc. has received the final cash payment in the amount of $20 million from the sale of the San Agustin project in Durango, Mexico to Argonaut Gold Inc., which was completed in December 2013. As part of the consideration, Silver Standard retains a 2% net smelter return royalty on sulphide ore produced from San Agustin.

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.