Month: July 2015

Golden Minerals Announces CEO Retirement

Golden Minerals Company announced that Jeffrey G. Clevenger, the Company’s Chief Executive Officer, will retire effective September 1, 2015. Mr. Clevenger, who has served as Chairman and Chief Executive Officer since the Company’s inception in 2009, will continue to serve as Chairman of the Board of Directors.

Morro Bay Closes First Tranche of Financing

Morro Bay Resources Ltd. is pleased to announce it has closed the first tranche of the non-brokered private placement announced July 29, 2015. The First Tranche consisted of the issuance of a total of 2,000,000 Units at a price of $0.05 per unit for gross proceeds of $100,000. The Private Placement remains open for further subscriptions.

Torex Announces Second Quarter 2015 Results

Fred Stanford, President and CEO of Torex said: “With construction currently 80% completed, and with mining ahead of schedule with over one million tonnes of ore in stock pile, we are well on track for our first gold pour by the end of this year. Engineering and procurement are effectively completed and a workforce of over 3000 is rapidly turning that engineering and material into a productive asset. The processing buildings have been erected and the major pieces of equipment have been placed within the buildings…”

Yamana Gold Declares Third Quarter Dividend

YAMANA GOLD INC. declared a third quarter 2015 dividend of $0.015 per share. Shareholders of record at the close of business on September 30, 2015 will be entitled to receive payment of this dividend on October 14, 2015. The dividend is an “eligible dividend” for Canadian tax purposes.

Southern Silver Reports on Corporate Matters

Southern Silver Exploration Corp. reports that at the Company’s extraordinary general meeting held on July 29, 2015 shareholders voted to approve an earn-in agreement with an insider shareholder. Voting by disinterested shareholders was unanimous in favour of the resolution which was required on the basis that the shareholder has the right to acquire a 60% interest in the Company’s Cerro Las Minitas mineral property as detailed below and such shareholder approval was required to comply with TSX-V policy.

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.