Timmins Gold Corp. is pleased to report preliminary production results for the Companys fourth quarter ended December 31, 2014. The Company achieved record production of 121,573 gold equivalent ounces for the year and 25,304 gold equivalent ounces* for the fourth quarter.
El Tigre Silver Corp. is pleased to announce that it has completed the shares for debt transaction announced on January 9, 2015 after receiving the approval of the TSX Venture Exchange to settle indebtedness to the Company’s former Chief Financial Officer. Pursuant to the Transaction, the Company issued 168,000 common shares of the Company at a deemed price of $0.25 per Share in settlement of debt in the amount of $42,000. The Shares issued by the Company pursuant to the Transaction are subject to a four month hold period expiring on May 23, 2015.
Mexus Gold US gave an update on its flagship property and its plans for 2015. For the past several months, Mexus has been in discussions with multiple companies on the potential to joint venture the project. Unfortunately, the offers that were received fell short of what the company and shareholders would expect. These offers, if accepted, would have tied the property up for years while the partner company did exploratory drilling with an unknown timeline on production. In addition, the initial investment being asked by Mexus was not being met. Mexus will continue to be open to any joint venture possibilities that arise.
Northair Silver Corp. is pleased to announce that a third phase of metallurgical test work is scheduled to start in February on its La Cigarra silver project, located in Chihuahua State Mexico.
A la luz de vivencias como la de los pobladores de Carrizalillo, Guerrero; pero también del resultados de investigaciones científicas, más de un centenar de personas, incluido el alcalde Eleazar Hernández Arroyo y su cabildo, se reunieron en un salón del Palacio Municipal de la cabecera para analizar los efectos de la minería y continuar documentando las violaciones a los derechos humanos que se han producido en esta demarcación de la Sierra Norte del estado.
VENDOME RESOURCES CORP., a Toronto, Canada based minerals exploration company with key exploration assets in Guerrero State, Mexico and the Borden Lake Gold District, Ontario, Canada, announces that it has cancelled its agreement with Camsim Minas S.A. de C.V., of Mexico City, Mexico, which would have acquired 100% of the La Diana concession. The agreement was previously announced on September 22, 2014. All other agreements with Camsim remain in effect.
La nueva Ley Federal de Responsabilidad Ambiental, rebasa la capacidad de las autoridades para entenderla y aplicarla, expresó Rafael Cereceres Ronquillo, moderador del Foro de Responsabilidad Ambiental, Fortaleza o Debilidad, organizado por la Asociación de Ingenieros en Minas, Metalurgistas y Geólogos de México, Distrito Zacatecas.
Excellon Resources Inc, Mexicos highest grade silver producer, reports fourth quarter and annual 2014 production results from the La Platosa Mine in Durango, Mexico.
Mammoth Resources Corp. would like to announce the appointment of Richard Simpson as a director of the Company replacing Marshall Farris, Guy Le Bel and Nigel Kirkwood who have resigned as directors of the Company effective January 21, 2015. The Company thanks Messrs. Farris, Le Bel and Kirkwood for their assistance in directing the activities of the Company during their tenure.
Starcore International Mines Ltd. announces that it has entered into an agreement to acquire all of the shares of Creston Moly Corp. from Deloitte Restructuring Inc, in its capacity as trustee in bankruptcy of Mercator Minerals Ltd., at a purchase price of Cdn$2 million.
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