Month: December 2016

Golden Minerals Announces US$5 Million At-the-Market Offering

Golden Minerals Company has entered into an At-the-Market Offering Agreement dated December 20, 2016 with H.C. Wainwright & Co., LLC as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its discretion and from time to time, shares of its common stock through Wainwright, with such sales having an aggregate gross sales price of up to US$5.0 million.

Excellon Strengthens Board with New Appointments

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce the appointment of Ms. Daniella Dimitrov and Dr. Laurence (Laurie) Curtis to its Board of Directors.

Arian Silver – Two major vein systems identified at Los Campos project

Jim Williams, Chief Executive Officer of Arian commented: “We are pleased that our preliminary exploration work has identified several high-quality targets at Los Campos, where evidence of the presence of two major vein systems has been identified. The Board is confident its exploration properties have the potential to host significant mineralisation.

Bacanora Announces Off-Take Negotiations and Project Update

BACANORA MINERALS LTD., the Canadian and London listed company focused on developing the Sonora Lithium Project in Mexico into a world class lithium carbonate operation, announces that it is continuing to develop a long term marketing relationship and off-take strategy and is now in advanced discussions with a significant Asian offtake partner for the supply of battery grade lithium carbonate (Li2CO3).

New Gold Announces Senior Management Changes

New Gold Inc. is pleased to announce that Hannes Portmann has been named President of New Gold. Randall Oliphant will continue in his role of Executive Chairman and Brian Penny will continue as Executive Vice President and Chief Financial Officer. David Schummer, Executive Vice President and Chief Operating Officer, is leaving New Gold and Raymond Threlkeld, currently a member of the company’s Board of Directors, will become Interim Chief Operating Officer.

Arian Silver – Extension of Exclusive Option

Arian Silver Corporation is pleased to announce that further to the Company’s press release dated 27 October 2016 regarding the extension of the exclusivity agreement with Tierra Nuevo Mining Ltd over the Noche Buena gold and silver tailings project in Mexico, the period of exclusivity has been extended by a further 60 days to 25 February 2017 at no additional cost whilst the final results of metallurgical testwork are awaited.

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.

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