Ongoing drilling designed to extend and infill the currently defined JORC mineral resource has continued to intersect significant zinc-lead mineralisation where predicted.
Under the second tranche of the Financing, Monarca issued 3,340,000 units at a price of $0.13 per Unit for gross proceeds of $434,200, making the total number of Units issued under the Financing 16,572,182 and the aggregate gross proceeds of the Financing $2,154,383. Each Unit was comprised of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at a price of $0.18 per share for a period of 36 months from the date of issuance.
Red Tiger Mining Inc. announces that it currently continues to produce copper cathodes from the residual leaching of copper inventory on its leach pad. In December of last year, the Company ceased mining operations at the Luz del Cobre copper mine as the tonnage of soluble copper being mined had reached uneconomic levels for continued production.
We are honored to welcome Sheri and Molly to our Board as valued advisors and acknowledged technology and operational leaders. Their experience will build on the deep and diverse expertise of our current Board of Directors, said Noreen Doyle, Chair of Newmonts Board of Directors.
Westminster Resources Ltd. is pleased to announce that it has arranged a non-brokered private placement of up to 7.5 million units at a price of $0.20 per unit for gross proceeds of up to $1,500,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from the closing of the private placement. A finder’s fee commensurate with TSX Venture Exchange policies will be paid where applicable.
“I am very excited and pleased to take on the role of President and CEO of Corex Gold,” stated Mr. Ramshaw. “Corex boasts a world class operating team as well as a significant industry partner in Alamos Gold. I look forward to joining Corex and leading them into this exciting transition period as the Santana gold property transitions from a development stage project into a gold producing company.”
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
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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The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
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The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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