Month: January 2017

VanGold Signs Agreement for 100% Interest In Historic El Pinguico Mine

Vangold Resources Ltd. is pleased to announce that it has entered into an asset acquisition agreement made effective December 16, 2016, with Exploraciones Mineras Del Bajio SA de CV to acquire a 100% interest in the El Pinguico property. The Property consists of two mining concessions covering 71 hectares, located approximately 5km southeast of the City of Guanajuato in Guanajuato State, Mexico, and contains the historic El Pinguico-Carmen silver-gold mine. The acquisition is at arm’s length.

GoGold Production Increases 122% over Previous Quarter

The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and improvements at Parral. The Santa Gertrudis high grade material represented approximately 50% of the quarterly production. The Company continues processing the high grade material during the construction of the vat leach plant.

Torex Intercepts High-Grade Gold Mineralization Under El Limon “Sill”

Torex Gold Resources Inc. is pleased to announce the results of the first portion of its drilling program under the ‘El Limon Sill’. Highlighted intercepts from the El Limon Sill exploration program include 317.8 g/t Au over 3.4m in borehole SST-01, 230.7 g/t Au over 2.4m in borehole SST-19, 19.6 g/t Au over 9.6m in borehole ST-25, 22.6 g/t Au over 13.3m in borehole SST-27 and 83.3 g/t Au over 4.3m in borehole SST-34.

Riverside Resources Provides Corporate Outlook for 2017

Riverside Resources Inc. is pleased to provide an overview of the Company’s goals and growth plans for the coming year. Riverside enters 2017 with approximately $3,500,000 CAD in cash and less than 37,500,000 shares outstanding. The Company will aim to build on the successes achieved during 2016.The list below outlines some of the key catalysts and corporate growth plans for 2017:

SilverCrest Appoints John Wright to Board

N. Eric Fier, President and CEO, stated: “John brings a wealth of technical and corporate expertise from a 40-year career with emphasis on underground mine construction and operations in Mexico and South America. His success on technical, corporate and market matters will further enhance our current Board. As the Company’s successful exploration progresses at the Las Chispas Project in Mexico, Mr. Wright’s skill set in underground mining will be critical for project development.”

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