Year: 2016

Minaurum Identifies New Bulk-Tonnage Silver Target at La Quintera

“Minas Nuevas represents the first of a number of drill targets that we are progressing to the drill stage at La Quintera,” stated Darrell Rader, President and CEO of Minaurum Gold. “Our exploration program has thus far delineated multiple high-grade silver targets and we expect to identify more as we complete the first systematic mapping and sampling program undertaken in this historic district.”

Sandstorm Gold Announces 2016 Third Quarter Results

“The first three quarters of 2016 have demonstrated the strength of the Sandstorm business model as our ever increasing asset diversification has led to strong revenue and cash flow growth,” said Sandstorm’s President & CEO Nolan Watson. “Our Q3 net income figures have again been bolstered by the strong performance of the Company’s equity and debt investments which we intend to liquidate in due course. With no debt on the balance sheet, we have over $130 million in available capital to pursue acquisitions.”

Silver Standard Reports Third Quarter 2016 Results

Paul Benson, President and CEO said, “In the third quarter of 2016 we demonstrated increased scale and healthy margin with our record quarterly production, among other operating records. We produced nearly 113,000 gold equivalent ounces at all-in sustaining costs of $940 per ounce, and have improved guidance at our Marigold and Pirquitas mines. Importantly, we continued to drive our Operational Excellence programs, which delivered tangible results at all operations, including our updated five-year outlook at Marigold, a successful plant trial at Seabee and record production and quarterly throughput at Pirquitas.”

Colibri Announces the Closing of its Oversubscribed Private Placement

Colibri Resource Corporation is pleased to announce that further to its press releases dated Oct. 25th and Oct. 26th, it has closed on Nov. 3rd, a non-brokered private placement of 2,667,166 units for gross proceeds of $400,074.90. Each unit consists of one common share and one whole non-transferable warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.25 for a period of 24 months from the closing date. The Company has paid a commission of 8% of the proceeds and has issued 205,373 Brokers warrants exercisable at $0.25 for 24 months from closing.

Firma Holdings is pleased to announce the signing of a Joint Venture partnership on its new acquired Cobriza Groupings Project

Firma Holdings Corp. is pleased to announce that through its subsidiary GracePoint Mining Corp, it has entered into a binding option agreement with Hawkeye Gold and Diamond INC. to acquire a 50% interest in its Cobriza Groupings Project. The Property is a Gold and Silver project located 125 kilometers Northeast of Mazatlan and 150 km West Northwest of Durango City, Durango Mexico, and is next to the Tayoltita mine of Primero Mining Corp. The Temehuaya claim which forms part of the Cobriza Groupings Project is located approximately 25 kilometers East of La Cobriza.

Alset Files for Final Approval of Private Placement

Alset Energy Corp. announces that it has filed with the TSX Venture Exchange documents for final approval of its private placement financing. Gross proceeds total $460,240 consisting of 288,334 flow-through units for $34,600 and 4,256,400 non flow-through units for $425,640.

Arian Silver Corporation – Application to Cease to be a Reporting Issuer

Arian Silver Corporation announces that further to its voluntary delisting from the Toronto Venture Stock Exchange with effect from 1 December 2015 it has applied to the British Columbia Securities Commission, as principal regulator, and the securities regulatory authority or regulator in Alberta for a decision that it is no longer a reporting issuer in Canada.

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