Year: 2015

First Mexican Closes First Tranche of Financing and Shares for Debt

The Company has closed a first tranche of $105,300 from the best efforts non-brokered $350,000 financing announced in May 26, 2015 press release, at $0.03 per unit, with each unit consisting of one common share and one transferable share purchase warrant being exercisable until June 29th, 2017, and subject to a four month and one day hold period expiring October 30, 2015. FMG plans further closings in the near future.

Source Preliminary Metallurgical Test Work Yields Excellent Recoveries for Las Minas Project

Source Exploration Corp. is pleased to report results for preliminary metallurgical test work, indicating recoveries of 95% copper, 89% gold and 84% silver for its Las Minas gold -silver – copper project located in, Veracruz State, Mexico. The metallurgical test work, included flotation testing and was undertaken by ALS Metallurgy of Kamloops, British Columbia, Canada.

Exploraciones Oceanicas Environmental Completes Filing of Documentation for the “Don Diego” Project

Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, reported that Exploraciones Oceanicas, the Mexican company that controls the “Don Diego” offshore phosphate resource, has submitted the necessary documentation to continue the environmental evaluation process for the proposed dredging of phosphate sands as planned. Odyssey controls ExO through the company’s 54% ownership in Oceanica Resources.

Forman mineros sección 72 El Saucito

Integrantes del Sindicato Nacional Minero Metalúrgico Don Napoleón Gómez Sada consolidaron la sección 72 en la empresa Minera Saucito de Fresnillo PLC.

Americas Silver Corporation and Lenders to Amend Terms of Debt and Warrants

Americas Silver Corporation today announced that, subject to standard conditions including definitive documentation, the Company will amend the terms of its C$8.5 million credit agreement between U.S. Silver & Gold Inc. and Royal Capital Management Corporation and certain lenders, executed on August 7, 2013…

Minaurum Gold Closes Second Tranche of Non Brokered Private Placement

Minaurum Gold Inc. is pleased to announce that further to its News Release dated June 24 2015, it has completed a second tranche closing on $450,000. With its second tranche closed, Minaurum has now raised a total of $2,638,750. A finder’s fee of 420,000 shares and 220,000 broker warrants was paid in connection with the second tranche.

Northair Increases Overall Silver Recoveries and Optimizes Process Flow Sheet at La Cigarra; Phase 3 Metallurgical Test Results Reported

“Results from this latest phase of metallurgical testing on representative samples from the San Gregorio and Las Carolinas resource areas show a significant improvement in overall silver recoveries compared with the Phase 2 program completed in 2012. The latest work indicates the possibility of producing both lead-silver and zinc-silver concentrates and silver dore” said Andrea Zaradic, President & CEO of Northair…

El Tigre Announces Shares for Debt Transaction

El Tigre Silver Corp. wishes to announce that it has entered into debt settlement agreements with creditors of the Company pursuant to which the Company has agreed to issue an aggregate of 12,494,118 common shares at a deemed price of $0.085 per Share.

Bacanora Announces Filing of Technical Report on Updated Mineral Resource Estimate for the Sonora Lithium Project, Mexico

BACANORA MINERALS LTD., the Canadian and London listed lithium and borates company focused on Mexico, is pleased to announce the filing of a Technical Report in respect of its Ventana, Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is entitled, NI 43-101 Mineral Resource Estimate for Sonora Lithium Project, Mexico, May 2015. The lead author of the Technical Report is Mr. Martin Pittuck (M.Sc., C.Eng., MIMMM), who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company’s website.

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