Day: April 12, 2018

Highvista Gold Inc. Provides Asset Purchase Agreement Update in Connection with its Change of Business Transaction

Highvista Gold Inc. (TSXV: HVV) wishes to announce that its asset purchase agreement with Prince Arthur Capital Corporation has been amended to reflect the extended closing of the transaction to June 29, 2018. PAC is an “affiliated entity” used to facilitate the acquisition of two leased properties and one development property located in Windsor, Ontario. The transaction will constitute a Change of Business from mineral exploration to an investment company and a Reverse Takeover transaction under the rules of the TSX Venture Exchange.

Leagold and Brio Shareholders Vote in Favour of Proposed Transaction

“We are very pleased with the overwhelming support for this transaction by Leagold and Brio shareholders,” said Neil Woodyer, CEO of Leagold. “The acquisition of Brio advances our strategy to create an intermediate Latin American gold producer. With four operating mines and two development projects in Mexico and Brazil, the combined operations have the potential to produce over 700,000 ounces of gold by 2020; this gives Leagold a strong platform for further growth within Latin America.”

Amparo frena explosiones en la mina La Pitalla

El abogado Osvaldo Contreras explicó en el espacio informativo de Vigilia Sonora que el juicio de amparo se interpuso en contra del permiso de compra, almacenamiento, y consumo de explosivos en la industria de la minería expedido por la Secretaría de la Defensa Nacional (Sedena).

Cumple Minera del Toro con normatividad

Referente a la conferencia de prensa que realizó el Movimiento Civil Chalchihuites el pasado 5 de abril, queremos informar que se emitieron declaraciones falsas e imprecisas acerca de la Unidad Del Toro.

GoGold Reports Record Parral Production of 417,191 Silver Equivalent Ounces

GoGold Resources Inc. (TSX: GGD) announces record production for the quarter ended March 31, 2018 of 265,629 ounces of silver and 1,908 ounces of gold for 417,191 silver equivalent ounces at the Parral project, a 6% increase from the prior quarter. The previous record quarter was 408,024 in the quarter ending June 2015. This past quarter has been the sixth consecutive quarter of production growth as the initiatives put in place in previous quarters continue to return positive results.

Argonaut Gold Provides Update at its La Colorada Mine

Argonaut Gold Inc. (TSX: AR) reports that its wholly-owned subsidiary that owns the La Colorada mine has had its permit for the use of explosives at the site temporarily suspended as a result of a pending legal action brought by four individuals against the Secretary of National Defense (“SEDENA”) and the Municipality of La Colorada. Activities at site continue unaffected due to the availability of blasted and stockpiled material adequate to allow for operations to continue normally. Stockpiles are sufficient that operations will continue normally through at least April 16, 2018, at which time there is a hearing scheduled where Argonaut hopes to resolve the issue.

Mammoth Intersects 45.4 Metres Grading 0.63 Grams per Tonne Gold Equivalent in Diamond Drilling at its Tenoriba Precious Metal Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on the drill results stating: “We’re very pleased with these two holes to have intersected gold mineralization in the Los Carneritos area almost one kilometer to the east of any prior drilling on the property and to have extended mineralization by at least 100 metres to the west of prior drilling in the Masuparia area.

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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.