Year: 2015

Canarc Signs Definitive Agreement to Acquire Oro Silver and its El Compas Gold-Silver Mining Project in Zacatecas, Mexico from Marlin Gold

Mr. Catalin Chiloflischi, CEO of Canarc, stated: “Today’s acquisition marks a major step forward for Canarc to transition into a successful producing gold-silver mining company during 2016. This transaction adds a second advanced asset to Canarc’s portfolio located in one of the world’s most prolific gold-silver districts. This fully permitted mining project in Mexico should not only provide Canarc with near term cash flow to help facilitate future growth, it is also a district scale exploration project with many prospective targets that have never been drilled.”

SilverCrest Metals Announces Completion of Arrangement and TSX Venture Exchange Listing

SilverCrest Metals Inc. is pleased to announce the completion of an arrangement that established SilverCrest Metals as a separate company spun off from SilverCrest Mines Inc. SilverCrest Metals has now received final approval for the listing of the common shares of SilverCrest Metals on the TSX Venture Exchange with trading to commence at market opening on October 9, 2015 under the symbol “SIL”. The CUSIP number for SilverCrest Metals Shares is 828363101 and the ISIN number is CA8283631015.

Almadex Minerals Options Gold Project in Mulatos Camp, Mexico

Almadex Minerals Limited is pleased to announce that it has acquired an option to purchase a 100% interest in the Los Venados project in Sonora State Mexico, located immediately adjacent to the operating La India and Mulatos gold mines. Alteration mapping and geochemical sampling indicates that the alteration is high-sulphidation epithermal in nature, similar to that on the adjacent Mulatos and La India Mine projects.

IMPACT Silver Provides Update on New Capire Mineral Resource Study

IMPACT Silver Corp. is providing an update on progress on a new NI 43-101 compliant technical report on mineral resources in the Capire Zone in central Mexico in follow up to previous news releases dated January 22, 2015 and July 23, 2015. The report is being written by an independent consultancy and will include an additional 25,000 meters of drilling carried out at Capire since completion of the original 2011 open pit mine plan. To date work on the revised geological model, updated extensive database and quality assurance/quality control of the database has been completed for the new report. The next stage of work being started includes metal domain modelling and statistical variograms which will lead to mineral resource estimates…

Goldgroup Provides Cerro Prieto Update

Goldgroup Mining Inc. today announced production and sales results for January to September 2015 for the Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico , which is comprised of the San Felix (205 ha), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro Prieto “North ” (2,508 ha) and Argonauta 6 (4,120 ha) mineral concessions. Cerro Prieto is 52 road kilometers from the regional center of Magdalena de Kino (population 40,000) and 150 kilometers northeast of the city of Hermosillo .

Coeur Reports Third Quarter Production Results

Coeur Mining, Inc. today announced preliminary third quarter production of 3.8 million ounces of silver and 85,658 ounces of gold, or 9.0 million silver equivalent ounces. Coeur is maintaining its 2015 total production guidance of 33.1 – 35.9 million silver equivalent ounces.

Timmins Gold Corp. Announces Leadership Change

Timmins Gold Corp. reports today that Bruce Bragagnolo has ceased to be the Chief Executive Officer and a Director of Timmins, and that Mark Backens has been appointed as Interim Chief Executive Officer of the Company effective immediately. Arturo Bonillas will continue in his role as President of the Company and the Company’s lead executive in Mexico.

San Marco’s Warrant Exercise Incentive Program Approved

San Marco Resources Inc. is pleased to announce that the TSX Venture Exchange has approved its warrant exercise incentive program respecting warrants issued under two non-brokered private placements completed in 2014 and 2015. The Exchange also approved the amendment of the warrants issued in the 2014 placement so that their terms now match the terms of the warrants issued in the 2015 placement.

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