Americas Silver Corporation (TSX: USA) (NYSE American: USAS) is pleased to report that shareholders voted in favour of all items of business including the election of each of the nominees listed in its management information circular dated April 5, 2018 at its annual meeting of shareholders held on May 15, 2018.
George Paspalas, President and CEO, commented, The Juanicipio Project progresses well, with development rates increasing significantly last year and continuing into 2018. With the advanced draft joint venture feasibility study in hand, we look forward to its finalization and formal project approval. On the exploration front, the use of directional drilling is proving to be very beneficial with target accuracy improving at depth as we infill and expand the Deep Zone, while other greenfield exploration targets have been identified, together with Fresnillo, on the Joint Venture Property.
Christian Grijalva, San Marcos Vice President stated, We believe the Espiritu SMR property is highly prospective ground demonstrating significant upside exploration potential. The geological endowment warrants further exploration efforts with modern day vectoring and targeting tools. Preparations are being made to initiate an exploration program to evaluate the overall potential of Espiritu SMR which is the host for both porphyry gold-copper-moly and silver-lead-zinc replacement mineralization.
VVC Exploration Corporation (TSX-V:VVC) is pleased to announce the commencement of the third phase of diamond drilling on its Samalayuca Project in northern Chihuahua State, Mexico. Jim Culver, VVC CEO commented: “We are pleased that the drilling equipment has arrived at Samalayuca this morning and is currently been mobilized to the first drill site. We hope to continue to build on the earlier drilling results.”
This transaction will be beneficial for existing Golden Reign shareholders and stakeholders. The combined entity creates a focussed precious metals exploration and development company with an unencumbered high margin asset in Nicaragua, immediate production and cash flow from La Trinidad, cash flow growth, no debt, geographic diversification and significant exploration potential, stated Kevin Bullock, Golden Reigns Chief Executive Officer and director. We are excited to shortly be able to begin construction of a 500tpd mine at San Albino and grow production and cash flow to fund exploration of the highly prospective 138km2 high-grade gold camp in Nicaragua.
One World Lithium Inc. (CSE: OWLI) (OWL) announces that on May 1, 2018, the British Columbia Securities Commission issued a management cease trade order against the Company and its executives, as opposed to a cease trade order against the Company and all of its securityholders, for failure to file audited annual financial statements and managements discussion and analysis for the year ended December 31, 2017, together with the related certifications, on or before the prescribed filing deadline of April 30, 2018 as required by National Instrument 51-102, Continuous Disclosure Obligations, and NI 52-109, Certification of Disclosure in Issuers Annual and Interim Filings, respectively. Pursuant to the requirements of National Policy 12-203, Management Cease Trade Orders, the Company is required to issue bi-weekly default status reports, in the form of news releases, with respect to its efforts to achieve compliance. The Company announces that it continues to work with its auditors on the completion of the Disclosure Documents and anticipates that it will be in a position to file them on or before May 31, 2018.
Southern Silver Exploration Corp. (TSX.V: SSV) reported today that drill crews have mobilized to the Area of the Cerro project to complete final preparations in advance of the arrival of the drill. The work is part of Southern Silvers $3 million 2018 exploration program on Cerro Las Minitas and will target both systematic resource expansion in the Area of the Cerro which contains the existing Mineral Resource Estimate and drilling of new discoveries in the recently staked CLM West claim group. A second drill will be mobilized for the CLM West Au-Ag epithermal claim area upon completion of the current surface exploration targeting program allowing the company to test both target areas simultaneously.
“Alexander will, we believe, begin to benefit significantly from its technological and market positioning during 2018 and beyond,” said Chairman Alan Clegg.
Harvest Gold Corporation (TSX.V: HVG) is pleased to announce that at the Companys AGM held May 9th in Vancouver, its 5 Directors were reelected with between 90% and 99% of the almost 9 million shares voted. Richard Mark, Christopher Cherry, Edward Zablotny, David Mosher and Joel Matheson will continue as Harvest Golds Board of Directors until the next AGM. The Companys Auditors, DMLC of Vancouver were reappointed, the share option plan was approved, and the shareholders approved the updated and new Articles of the Company. Each of these resolutions passed with over 90% approval.
SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) announces that each of the nine nominees listed in the management proxy circular for the 2018 Annual and Special Meeting of Shareholders were elected as directors of SSR Mining on Thursday, May 10, 2018.
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
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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