Month: July 2016

First Mining Announces Private Placement Financing

First Mining Finance Corp. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units at a price of $0.80 per unit to raise gross proceeds of up to $16,000,000.

Paget Minerals appoints interim CEO

Paget Minerals Corp. announces that the Board of Directors has appointed Mark T. Brown, CPA, CA, as the interim CEO of Paget Minerals Corp. and accepted the resignation of David Volkert. Mr. Volkert has accepted a position with a larger company that was tailor made for his geological experience.

Candente Gold Announces Non-Brokered Financing

Candente Gold Corp. is pleased to announce, subject to regulatory approval, that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn$500,000. Approximately $250,000 of the gross proceeds of the Private Placement are to be used to further define drill targets on the El Oro gold-silver project and approximately $250,000 will be used for working capital and general corporate purposes.

Promueve minera fresnillense ciencia ambiental

A través del Programa Colectivos para la Enseñanza Vivencial e Indagatoria de la Ciencia (Cevic), se han atendido a más de 2 mil 400 menores de entre 4 y 12 años. El proyecto es implementado por la empresa Fresnillo PLC, en coordinación con la Secretaría de Educación de Zacatecas (Seduzac).

Kootenay Announces Increase to Equity Financing and Pan American Silver’s Intention to Exercise Participation Right

Kootenay Silver Inc. is pleased to report that, in connection with its previously announced private placement offering of units at a price of $0.40 per Unit, it has amended its agreement with Haywood Securities Inc. to increase the amount of the Offering from 10,000,000 Units to up to 11,250,000 Units for aggregate gross proceeds of up to $4,500,000. In addition, the Company is pleased to announce that Pan American Siver Corp. has indicated it intends to exercise its participation right in full to maintain its pro-rata 10% interest in the Company. As a result, Pan American will subscribe for up to an additional 1,250,000 Units at the Offering Price for aggregate gross proceeds of up to $500,000.

DynaResource, Inc. Reports June 2016 Gold Production and Results of Operations at San Jose de Gracia

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gràcia Property in northern Sinaloa, México, is reporting the delivery for sale, on June 30, 2016, of an approximate 425 Oz gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement).

“Corre por el Oro” – Carrera 5K

Con lluvia y mucho ánimo, así empezó la carrera de cinco kilómetros, “Corre por el ORO.” El Sábado, 02 de Julio las familias Duranguenses, incluyendo sus mascotas, se dieron cita desde muy temprano en el puente El Baluartito. Algunos solo para brindar apoyo a los competidores y disfrutar el día como familia, otros listos para iniciar con la carrera.

Coeur Reports Second Quarter 2016 Production Results

Coeur Mining, Inc. today announced second quarter production of 4.0 million ounces of silver and 92,726 ounces of gold, or 9.6 million silver equivalent ounces. Coeur is maintaining 2016 production guidance of 33.8 – 36.8 million silver equivalent ounces.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.