Day: July 30, 2018

Equinox Gold Announces Final Court Approval of the Arrangement for the Solaris Copper Spinout

Equinox Gold Corp. is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia dated July 30, 2018 to implement the Company’s previously announced plan of arrangement to reorganize its business, including the spin-off of its wholly-owned subsidiary, Solaris Copper Inc. Substantially all of the terms and conditions of the Transaction have been met, including shareholder approval of the Transaction on July 26, 2018.

Starcore Reports Year End 2018 Results

“The recent release of our 43-101 updating resources to over 267,306 AuEq ounces and 3.1 million tonnes of ore coupled with the improved production in recent months from both the mine and Altiplano represent a turning point for the Company” reported Robert Eadie, President of the company. “We have a renewed optimism and look forward to advancing our operating results.”

Goldplay announces DTC eligibility

Goldplay Exploration Ltd. is pleased to announce that the Company has secured eligibility by The Depository Trust Company for its shares on the OTCQB. DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. DTC eligibility will simplify the process of trading and is expected to enhance liquidity of the Company’s common shares on the OTC marketplace where Goldplay Exploration Ltd. now trades under the symbol “GLYXF”.

Excellon Reports Second Quarter 2018 Financial Results

“We saw strong improvements in all areas of operational and financial performance during the second quarter,” stated Brendan Cahill, President and CEO. “Most importantly, we realized AISC per silver ounce payable of less than $10, greatly improved cash flow and added cash to our balance sheet while internally funding exploration programs on both of our projects. During the second half of the year, we’re looking forward to increasing exploration, increasing cash flow through our milling arrangement with Hecla and continuing to implement operational improvements at Platosa.”

Radius Gold and Pan American Silver to explore Amalia Project, Mexico

Radius has granted to Pan American the option to earn up to an initial 65% interest in the Amalia Project by making cash payments to Radius totaling US$1.5 million (of which US$100,000 has been received) and expending US$2 million on exploration over four years. Pan American may earn an additional 10% by advancing the property to preliminary feasibility. Initially Radius will be the project operator.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

All News

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.