Month: November 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.

Baja Corporate Update — Boleo Ramp-up and Revised MMB Shareholders’ Agreement

Baja Mining Corp. is pleased to report that its Executive Management (Tom Ogryzlo – Interim CEO, Nigel Kirkwood – CFO and David Dreisinger – VP Metallurgy ) visited the Boleo Project on October 30 and 31, 2015, and met with operations management of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. to discuss progress at Boleo, including the process plant production ramp-up and both the underground and open pit mining.

Silver Spruce Finalizes Purchase Agreement for Pino de Plata Property

Silver Spruce Resources Inc. wishes to announce that, as contemplated in its news releases dated June 18, 2015 and based on the results of its maiden NI 43-101 exploration report, the Company has finalized a Purchase Agreement for the Pino de Plata epithermal silver/base metal/gold property located in the Sierra Madre Occidental gold/silver belt in western Chihuahua state, Mexico. The NI 43-101 report was filed on SEDAR and summarized in a news release dated August 12, 2015.

Almaden Files Amended 2014 Technical Report

Almaden Minerals Ltd. announces that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The review identified filing and disclosure issues with the technical report titled, NI 43-101 Technical Report Preliminary Economic Assessment of the Ixtaca Project, Mexico filed on October 9th, 2014. The Company has amended the report accordingly, which has now been refiled on SEDAR as an amended report. The Company wishes to clarify that the amendments are not material changes and the Report’s data, inputs, interpretation, conclusions and results all remain unchanged. The items amended according to NI 43-101 guidelines are listed below in order of appearance in the original report.

Baja Class Action Settlement Agreement Finalized

Baja Mining Corp. is pleased to report that further to its news release on October 6, 2015 announcing settlement of the Donohue class action litigation, a final settlement agreement has been executed by all parties. The Settlement remains subject to the approval of the Ontario Superior Court as described below. The Settlement is made without any admission of liability and the parties have agreed to a settlement amount of CDN $11,000,000.00, inclusive of administration and legal cost of the class, and any other costs or expenses related to the Action or the Settlement. The settlement amount will be covered by Baja’s insurers.

Goldcorp Declares Eleventh Monthly Dividend Payment For 2015

GOLDCORP INC. is pleased to declare its eleventh monthly dividend payment for 2015 of $0.02 per share. Shareholders of record at the close of business on Thursday, November 19, 2015 will be entitled to receive payment of this dividend on Friday, November 27, 2015.

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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.