Year: 2016

Canarc Appoints General Manager for El Compas Gold-Silver Mine

Canarc Resource Corp. is pleased to announce that it has appointed Mr. Alfonso Canseco as Interim General Manager for Canarc’s fully permitted El Compas Gold-Silver Mine in Zacatecas, Mexico, effective immediately. Based in our Zacatecas office, Mr. Canseco will be responsible for directing our efforts to bring the El Compas mine into production in 2016.

GoGold Appoints Brad Langille as President and CEO

GoGold Resources Inc. is pleased to announce that Brad Langille moves from Strategic Advisor to replace Terry Coughlan as President and CEO effective today. Mr. Coughlan will continue his role as Chairman of the Board of Directors.

“Brad is the right person to take GoGold to the next level,” said Coughlan. “His experience in building and operating mines in Mexico is instrumental in executing GoGold’s growth plan.”

Aurcana Voluntarily Delists From OTCQX

The Board of Directors of Aurcana Corporation reports that upon reviewing the trading volume, costs and administrative requirements related to the Company’s listing on the OTCQX International, it has voluntarily delisted its common shares from the OTCQX International effective tomorrow, January 6, 2016. Aurcana’s common shares continue to be listed on the TSX Venture Exchange.

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

The Report provides detail in relation to the Company’s Mineral Resource Statement for its lithium properties as detailed in the Company’s press release dated November 23, 2015. These properties consist of its 100 percent owned La Ventana lithium concession and El Sauz, El Sauz 1, Fleur concessions which are held by Mexilit S.A. de C.V. Mexilit is owned 70 percent by Bacanora and 30 percent by Rare Earth Minerals PLC.

Mexus Gold US Update on Julio Property and Assays From Ures Project

Mexus Gold US announced today that it anticipates that in the first part of 2016 one of several mining companies currently reviewing the Julio/Martha Elena property will pick up and continue where Argonaut left off. The company believes that this property has tremendous potential and that a well-funded company will use the significant work already completed to further the project. President Paul Thompson added, “This is an important time for Mexus. We have a major mining company looking at the Julio/Martha Elena and our hope is to complete a deal that is fair for all given the challenges within the mining industry.”

Paget Minerals Completes Financing

Paget Minerals Corp. is pleased to announce that the $100,000 financing announced on November 16, 2015 has been increased to $150,000 and is fully subscribed. The financing includes $47,500 from Pacific Opportunity Capital Ltd., a private company in which Mark T. Brown, CPA, CA, a director of the Company, is the President.

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