Day: August 10, 2015

Sierra Metals successfully refinances US$48 million Corona Acquisition Credit Facility providing the company with increased financial flexibility

Mark Brennan, President and CEO commented: “The new facility provides the Company with increased financial flexibility during these difficult times of continued declining metal prices and allows for the completion of the Company’s capital expenditure programs which will benefit the company with potential production increases and reduced risk exposure.”

Levon Resources’ Ron Tremblay on the investment leap from mining to biotech

Tracy Weslosky, Editor-in-Chief and Publisher of InvestorIntel speaks to Ron Tremblay, the CEO, President and Director for Levon Resources, about Levon’s investment in the new SciVac Therapeutics Inc. Levon, which has a poly-metallic flagship silver, gold, lead and zinc Cordero project in Mexico, discusses how the investment in Pershing Gold, lead to the investment in a hepatitis vaccine. He says when asked about the leap from resources to biotech: “That’s how people get rich is by doing deals that are out of the box instead of doing the same thing as everyone else.”

Goldcorp declares eighth monthly dividend payment for 2015

GOLDCORP INC. is pleased to declare its eighth monthly dividend payment for 2015 of $0.02 per share. Shareholders of record at the close of business on Thursday, August 20, 2015 will be entitled to receive payment of this dividend on Friday, August 28, 2015.

Multiple Structures Yield High Grade Gold-Silver in Step Out Drilling on the Coneto Project, Durango, Mexico

Orex Minerals Inc, in conjunction with their project partner Fresnillo PLC, have completed a Phase-IV exploration diamond drilling program, consisting of 4,656 metres in 11 holes on the Coneto Gold-Silver Project in Durango, Mexico. The program was designed to test multiple structures in approximately 100 to 200 metres step-outs. Highlights include mineralized intercepts in Loma Verde, Durazno, Durazno Alta, La Bufa Alta, Santo Niño, and Promontorio.

Starcore International – Closing Of Plan Of Arrangement

Further to the joint press release of June 12, 2015, Starcore International Mines Ltd. and Cortez Gold Corp. announce the closing of their previously announced plan of arrangement whereby Starcore was to acquire all of the outstanding common shares of Cortez. The transaction was completed pursuant to a plan of arrangement in accordance with the Business Corporations Act (British Columbia), which was approved by the British Columbia Supreme Court on August 5, 2015. Shareholders of Cortez approved the Arrangement on July 9, 2015.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.