Year: 2016

Mexus gives an update on its Santa Elena mine

Mexus Gold US today gave an update on the progress at its Santa Elena mine. The recent rains resulted in a small delay at the mine but the crew onsite did an excellent job of keeping the impact to a minimum. The crushing of the heap leach pad filter material continues and should be completed shortly. Mexus President, Paul Thompson, remains confident that nothing will stop our partner from bringing the property into production. Mr. Thompson closed, “I appreciate the continued patience and trust of our shareholders. I now believe that we will be in full production during the month of October.”

Argentum Completes Private Placement

Argentum Silver Corp. is pleased to announce that, further to its news release of September 1, 2016, it has closed its private placement with Sprott Mining Inc. for 15,000,000 Units at a price of $0.07 per unit. Each Unit consists of one common share of the Company and one share purchase warrant. Each Warrant entitles the holder to purchase one additional common share of the Company at a price of $0.11 per share until September 2, 2019.

DynaResource de Mexico SA de CV Issues Clarifying Statements Regarding an Arbitration Ruling Dated August 25, 2016; and, Regarding Goldgroup Mining Inc.’s News Release Dated August 31, 2016

DynaResource de México SA de C.V., the 100% owner of the San Jose de Gracia Project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, is providing clarifying statements and a number of updates with respect to an arbitration ruling, and an October 5, 2015 Order issued by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of México, which awarded $48 million USD in damages to DynaMéxico against Goldgroup Resources Inc.:

Goldgroup Appoints Anthony Balic as Chief Financial Officer

Goldgroup Mining Inc. announces the appointment of Anthony Balic as the Company’s Chief Financial Officer and Corporate Secretary effectively immediately. Sam Wong, the previous CFO and Corporate Secretary, will take on the position of Director of Finance during a transition period.

Golden Minerals Provides Initial Results From Rodeo Drill Program

The partial results from our first round of drilling at Rodeo show a gold and silver bearing epithermal vein and breccia system with encouraging gold and silver values over an approximate 50 to 70 meter true width. The system is exposed at the top of a northwesterly striking ridge and dips steeply to the northeast. This could provide the possibility of open pit mining if we discover a deposit with sufficient tonnage of an appropriate grade and other characteristics to justify mining.

Goldgroup Announces Favorable Ruling in the Arbitration Against Dyna USA, Inc, and Provides a Legal Update

“After years of legal disputes, we are getting closer to regaining control of San Jose de Gracia,” said Keith Piggott, Chairman, President and CEO of Goldgroup, “We’ll continue to work towards the enforcement through a Federal United States judge to monetize the Award.” Mr. Piggott also commented, “Due to the Award from the Arbitration, Dyna’s award of damages in excess of USD $48 million against Goldgroup, by virtue of a ruling issued on October 5, 2015 by the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of México, is voided.”

Alset Assembles Team of Mexican Technical and Business Professionals for Lithium Salars

Alset Energy Corp. is pleased to announce that it has assembled its team of technical and business professionals from across North America for the exploration and advancement of the Mexican Lithium Salars recently acquired by the Company. The Company felt that it was imperative from the onset to have local expertise familiar with the project and related permitting as well as local business practices and customs. The following professionals have been retained by the Company to assist in moving the project forward:

Cyprium Mining calls special debenture holders meeting for September 21st, 2016

Alain Lambert, Chairman and CEO of Cyprium commented: “Following our successful conversion of $118,000 of secured debt into non-secured convertible debt in April and the extension of USD$813,750 in loans in June, we were approached by several holders of the Debentures expressing an interest in extending the maturity date and rendering the Debentures convertible. It is on that basis that we have called a special Debenture holder meeting for them to consider the matters brought forth at the meeting. We are closely evaluating similar requests from other lenders.”

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