Month: May 2016

IMPACT Silver Announces Private Placement

IMPACT Silver Corp. is pleased to announce a brokered private placement of a minimum of $3,000,000 worth of units, at a price of $0.57 per Unit (a minimum of 5,263,158 units). Each Unit consists of one common share and one-half of one warrant. Each whole warrant entitles the holder to purchase one common share per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance.

The net proceeds of the Offering will be used to fund the Corporation’s continued exploration and development of its silver assets in Mexico, and for general working capital purposes.

Avino Announces Proceeds to Date from the At-The-Market Offering

Avino Silver and Gold Mines Ltd. is pleased to announce that through May 18, 2016, it has sold 3,000,149 common shares in the aggregate through its previously announced At-the-Market offering for gross proceeds of USD$3,985,891. The funds have been and will be used to advance the development of the Company’s Avino mine property and its mining operations in Mexico, to develop the Bralorne mine, and for general working capital.

Silver Standard Announces Voting Results

Silver Standard Resources Inc. announces that each of the 7 nominees listed in the management proxy circular for the 2016 Annual and Special Meeting of Shareholders were elected as directors of Silver Standard at the Annual Meeting held in Vancouver on Wednesday, May 18, 2016.

Marlin Gold Commences Mining at the High Grade HS Zone and Intersects 9.73 g/t Gold Over 7.5 Meters at the La Trinidad Open Pit Heap Leach Gold Mine in Sinaloa, Mexico

Marlin Gold Mining Ltd. is extremely pleased to announce that it has commenced mining at the high grade HS Zone at its wholly owned La Trinidad mine in Sinaloa, Mexico. The past one and a half years of commercial mining has been in preparation for this milestone, and over the course of the next weeks and months, La Trinidad will transition from being a high cost operation to become one of the lowest cost gold mines in the world.

Americas Silver Corporation Announces Results of Shareholder Meeting

Americas Silver Corporation is pleased to report that shareholders voted in favour of all items of business including the election of each of the nominees listed in its management information circular dated April 7, 2016 at its annual and special meeting of shareholders held on May 17, 2016.

Compensan la caída del oro con una mayor producción

A partir de 2013 y hasta el cierre de 2015, la cotización internacional del oro había ido a la baja: el año pasado cayó 10.42 por ciento a un valor de mil 61 dólares por onza; y al inicio de este periodo retrocedió 28.04 por ciento, evento que las empresas productoras del metal precioso compensarón con un incremento en su producción.

Riverside Reports Drill Results And Provides Exploration Update For Tajitos Gold Project In Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “The Sonora Orogenic Gold Deposits commonly have lenses of gold and often require several drilling campaigns and several dozen drill holes for a discovery. We are encouraged with the results of this initial phase of 8 core holes, which will help us establish a better understanding of controls on mineralization and guide future drilling and exploration efforts at Tajitos.”

Azure Acquires San Agustin Gold-Silver Project

Azure Managing Director Mr Tony Rovira said, “It’s very exciting that we were approached and offered this exciting new prospect. While our focus is clearly on advancing our Alacrán silver and gold discoveries, this new project provides us with an unexplored foothold in the middle of the hottest silver district in Mexico. Recent silver and gold discoveries and current mine developments within this district are major reasons for Azure to take a presence here.

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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.