Month: November 2015

Bacanora Announces New Director Appointment

BACANORA MINERALS LTD. The Board of Directors of Bacanora is pleased to announce the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalization of the terms of his appointment.

Millrock Purchases Batamote Copper Project, Sonora Mexico

Millrock Resources Inc. announces that it has entered into an agreement under which it has purchased the Batamote copper project from Minera Teck S.A. de C.V., ultimately a subsidiary of Teck Resources Limited. The property is located approximately 100km northeast of the city of Hermosillo. It is situated between the La Caridad and the Cananea porphyry copper – molybdenum mines, both of which are owned by Grupo Mexico. The property, which is in close proximity to Millrock’s Rio Sonora and Los Cuarentas copper projects, is comprised of three mining concessions that cover a surface area of 5,796 hectares.

Bacterias, nuevos mineros que facilitan la extracción de cobre

“Se está acabando el gigantismo de la minería, la biotecnología podría ser el futuro y con la biolixiviación estamos hablando de optimizar procesos naturales, con menor impacto ambiental y mayor eficiencia”, comentó a la AFP Pilar Parada, gerente general de Biosigma.

McEwen Mining Provides Update on NYSE Listing

“We’ve made good progress in a difficult market. This year we strengthened our balance sheet, increased production, and decreased our costs,” said Rob McEwen, Chief Owner. “I’m not going to take this lying down, I have no intention of being delisted from the world’s premier stock exchange.”

Bearing Provides Update on Proposed Reorganization

Bearing Resources Ltd. is pleased to provide an update on its previously announced corporate reorganization that will transform it from a mineral exploration company to a film, television and digital media company. As announced on May 5, 2015, the Reorganization will include the acquisition by the Company of all of the shares of Odyssey Media Inc., a Vancouver based private company involved in the production and sale of motion pictures. The Company also intends to dispose of all of its mineral assets.

US Precious Metals, Inc. (USPR) Enters into Agreements with J. Streicher Capital, LLC and J. Streicher Advisory, LLC

US Precious Metals Inc., an exploration stage company engaged in the acquisition, exploration and development of mineral properties in the State of Michoacán, Mexico announces the Company has entered into an “Investment Banking” agreement with J. Streicher Capital, LLC, a FINRA registered broker dealer, located in New York City, New York. It also entered into an “Advisory Agreement” with J. Streicher Advisory, LLC, a corporate finance entity.

IIROC Trade Resumption – Yamana Gold Inc.

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

IMPACT Silver Announces Third Quarter 2015 Financial and Production Results

Fred Davidson, President and CEO, stated, “Our production performance during the third quarter 2015 continues to demonstrate IMPACT Silver’s success and viability as a proven explorer and producer. With nearly a decade of production history, this quarter we generated some of the highest grades in the Company’s history at 214 g/t silver. In combination with stringent cost controls and improving grades, we achieved positive operational cash flow and positive EBITDA of $0.6 million this quarter. Despite lower silver prices persisting in 2015, our focus on profitability and higher grade zones of silver at San Ramon and Mirasol continue to keep IMPACT as a self-sufficient and enviable producer in the Mexican silver space….”

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