Marlin Gold Mining Ltd. is pleased to report one of the highest grade x thickness intercepts ever drilled at the Company’s wholly owned La Trinidad mine in Sinaloa, Mexico.
Mike England, President of Alix, stated: “Beneficiation is as important a step as discovering the lithium at Agua Fria. These results are extremely encouraging and we applaud the work done by our partners at Lithium Australia.
Altiplano Minerals Ltd. is pleased to announce the appointment of Osbaldo Zamora Vega as VP, Exploration. Mr. Zamora has a B.Sc. in Geology from the Autonomous University of San Luis Potosi, Mexico, an M.Sc. in Geochemistry from the National Autonomous University of Mexico, and is currently a Ph.D. candidate in Economic Geology at the University of Alberta. He is conducting research on ore-formation processes in the Zacatecas Mining District, Mexico, a world-class silver mining district.
We are very pleased to continue finding well-mineralized vein structures in what we now recognize as down-faulted blocks flanking the elevated Quintera block, that provided virtually all of the projects 200 million ounce silver historical production, stated Darrell Rader, Minaurum Golds President and CEO. Our new piano-key structural model indicates that these veins are exposed at a high level and that intact silver shoots may lie at only a few hundred metres depth. We are currently rehabilitating access roads in anticipation of an initial drill program.
Consolidated Zinc Managing Director Will Dix commented This new interpretation represents yet another opportunity for the Company to aggressively push exploration. Its exciting to think that there are potentially significant extensions to the Plomosas mineralisation further along strike to the south and also the opportunity to review the prospectivity for copper and gold mineralisation within the project area.
Argentum Silver Corp. announces that Stephen Gatensbury and David Toyoda have resigned as directors of the Company, Geoff Balderson has resigned as President and CEO of the Company and Carrie Cesarone has resigned as CFO of the Company. The board of directors would like to thank Mr. Gatensbury, Mr. Toyoda and Ms. Cesarone for their contributions to the Company and wish them every success in their future endeavours. Mr. Balderson will remain as a director of the Company.
Goldex Resources Corporation is pleased to announce it has entered into a Letter of Intent with Mingeo International S.A. De C.V. for an option to acquire a fifty-one per cent interest in the Mingeo Property by spending US$500,000 by April 30, 2020 and another US$500,000 by April 30, 2022 or by bringing the property into production and fulfilling certain LOI obligations. The Property consists of six concessions totaling approximately 1947 hectares and is located within the major porphyry belt of Sonora.
MORRO BAY RESOURCES LTD. is pleased to announce that it has made an offer to acquire all of the issued and outstanding shares of a private company operating in the Canadian Medical Marijuana industry sector. The Offer was made on May 15, 2017 and is open for acceptance by the PrivateCo shareholders within thirty days after delivery unless otherwise extended by Morro Bay.
Commissioning of phase 2 of the San Julián mine is on track to conclude by end-Q2, according to a statement by chairman Alberto Bailléres, ahead of the company’s annual general meeting in London, UK.
Evrim Resources Corp. announces that, further to its announcements on April 27 and May 1, 2017, the Company has closed the private placement. The Company has issued 14,349,760 units at a price of $0.30 per Unit for gross proceeds of $4,304,928. Each Unit consisted of one common share and one-half non-transferable share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.50 until May 19, 2020.
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