Year: 2015

Fortuna Reports Results of Annual General Meeting

A total of 90,779,420 common shares were represented at the meeting, being 70.4% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors for the ensuing year, and the election of management’s nominees as directors.

Goldgroup Provides Corporate Update

Goldgroup Mining Inc. is pleased to announce two recent developments: the signing of a letter of intent and credit agreement with Monarch Gold Corp. and the appointment of Mr. Javier Montaño to the Company’s Board of Directors.

Silver Spruce Signs Letter of Agreement to Purchase Epithermal Silver/Lead/Zinc Property in Mexico

Silver Spruce Resources Inc. is pleased to announce that it has executed a binding Letter of Agreement to purchase a 100 percent interest in the Pino de Plata project, an epithermal silver/lead/zinc property in Mexico from its current owner, a mining engineer and Mexican national. The property is located in the well-established Temoris/Guazapares/Palmarejo mineralized region in the heart of the Sierra Madre Occidental of northern Mexico in western Chihuahua State.

McEwen Mining Initiates Dividend Distribution

“This is a major milestone for McEwen Mining. We have progressed to a point where we have strong enough cash flow to pay a dividend. As the major shareowner, I will be reinvesting my dividend in our company as I believe our current share price represents excellent value!” said Rob McEwen, Chief Owner.

Torex Reports Assay Results of Step Out Drilling Program at Media Luna

Torex Gold Resources Inc. is pleased to announce the results of its step out drilling program at its Media Luna deposit. The results of this program will be incorporated in an updated mineral resource estimate which will be the foundation for the Preliminary Economic Assessment expected to be completed in July of this year…

Premier Closes Non-Brokered Private Placement

PREMIER GOLD MINES LIMITED is pleased to announce that it has completed its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share for aggregate gross proceeds of $20 million, including a subscription by Goldcorp Inc. in the amount of $12.5 million…

Cortez Arranges Loan Financing

Cortez Gold Corp. has arranged a loan facility with Starcore International Mines Ltd. to purchase equipment required to commence operations at Cortez’s Altiplano gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver, S.A. de C.V.

Starcore Advances Funds to Cortez Gold

Starcore International Mines Ltd. has arranged a loan facility for Cortez Gold Corp. to enable Cortez to purchase the equipment required for Cortez to commence operations at its Altiplano gold and silver processing plant in Matehuala, Mexico.

Silver Bull Identifies New Massive Sulphide Mineralization Grading 690g/t Silver, 1% Copper, 4.8% Lead and 15.25% Zinc at the Sierra Mojada Project, Coahuila, Mexico

The new sulphide mineralization lies within a 1.4 kilometer long east-west trending chargeability anomaly identified in a “Gradient Array IP survey” completed by Zonge Engineering and Research Organization, Inc. in 2010. The chargeability highs are interpreted as representing “pods” of sulphide mineralization at depth and in places correspond to areas that have historically been mined for copper, lead, and zinc massive sulphide mineralization up to 10 meters thick…

All News