Day: November 11, 2015

Alix and Lithium Australia Sign Proposal for Joint Development of Lithium Extraction Technology

ALIX RESOURCES CORP. is pleased to announce it has executed a memorandum of understanding with global lithium developer Lithium Australia NL, whereby it is anticipated the two companies will work jointly to develop certain technologies pertaining to commercially viable lithium extraction solutions as well as progress Alix’s newly acquired lithium concessions (the Electra project) located in Sonora, Mexico.

Alamos Announces Changes to its Board of Directors

Alamos Gold Inc. today announced that Alan Edwards has resigned from the Company’s Board of Directors and consequently from his position as Chair of the Board. Paul Murphy has been appointed by his fellow directors to serve as Chair of the Board. In addition, Alamos is pleased to announce that Claire Kennedy has joined the Board of Alamos.

Santacruz Silver Reports Third Quarter 2015 Financial Results

“During the third quarter the Rosario Mine made significant steps towards continued improvements in operational performance. Over the quarter we transitioned from third party contract mining to our in-house mining operations team, which carried additional costs for third quarter, but benefits will be reflected in the following quarters and years to come. With this move we will be able to continue to reduce the mining costs at the Rosario Mine. In addition, the Company commenced using a new permanent tailings disposal system that utilizes dry-stacking technology in conjunction with the prior existing tailings structure. Operating costs are also expected to decrease as a result of the implementation of this system.” said Arturo Préstamo, President and CEO.

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