Year: 2018

Additional gold sales reported from Santa Elena project

CEO Paul Thompson added, “It is great to see MarMar increasing the amount of gold being produced. Our shareholders should keep in mind that the amount produced was greater than what was netted due to the discount taken by the broker. MarMar will begin refining its own material which will eliminate the need for this broker. In addition, the mine engineer at the Santa Elena is pleased with the progress and expects a substantial increase in production moving forward.”

Pactan acuerdo ISJ y compañía minera

Para implementar estrategias de prevención de adicciones, el Instituto Sonorense de la Juventud (ISJ) firmó un convenio de colaboración con la minera Argonaut Gold Inc.

Colibri Resource Corporation Closes Second Tranche of Over-Subscribed Private Placement

Colibri Resource Corporation is very pleased to announce that it has closed an over-subscribed second tranche on its previously announced financing. The Company has issued an additional 1,350,000 units at $0.10 per unit for gross proceeds of $135,000. Total gross proceeds raised between the first and second tranches is $1,212,098. The funds raised from this equity issuance will be used for Phase 1 of an infill and exploration drilling program at the Company’s Pilar Project in Sonora State, Mexico as well as for general working capital.

Geologix Announces Issuance Of Stock Options

Geologix Explorations Inc. announces that it has granted incentive stock options to its employees, directors, officers and consultants to acquire an aggregate of 100,000 common shares until March 16, 2020 and 4,850,000 common shares until March 16, 2023, all at an exercise price of $0.05 per share.

Fortuna Reports Consolidated Financial Results for 2017

Jorge A. Ganoza, President and CEO, commented, “Our results in the fourth quarter of 2017 reflect record sales and EBITDA that have contributed to our strongest year to date in financial performance.” Mr. Ganoza continued, “Annual sales of $268.1 million, with EBITDA margins of 46% and strong cash accumulation from our mines attest to the strength of our assets and the positive momentum in our business. Drivers for year over year performance are higher precious metal production, higher base metal prices for our by-products, and improved commercial terms. ” Mr. Ganoza concluded, “Our Lindero gold project in Argentina is in the early stages of construction with on-site activities ramping up during the course of the second quarter”.

Zacatecas establece agenda minera con empresarios

Los empresarios Fernando Alanís Ortega, director general de Peñoles; Jaime Lomelí Guillén y Christopher Ávila Mier, del Corporativo Bal, manifestaron su voluntad de trabajar junto al gobierno en pro de una minería sustentable y exitosa…

Discovery Metals Intersects Near-Surface, High-Grade Zinc and Significantly Expands Prospective Area at La Kika Project, Coahuila, Mexico

Discovery President and CEO, Taj Singh comments: “We are pleased with the results from our Phase I drill program at La Kika, the first-ever drilling at this project. Drilling focused on a very shallow zone around historic workings. We intersected a series of narrow, high-grade mantos, suggesting potential for an extensive mineralized system at depth. Results from a property-wide geochemical sampling program indicate that the prospective area at La Kika may be substantially larger than originally hypothesized. Next steps at La Kika include detailed mapping of the newly identified area, property-wide geophysics and possibly trenching work.”

Geologix Provides Results of 2017 Exploration Program and Identifies New Potential at Tepal

Gillian Kearvell, VP Exploration, added: “While it is not uncommon in today’s market driven environment to seek short cuts to reduce the timeline to discovery, positive exploration results are nevertheless dependent on time, hard work and persistence to succeed. This important new interpretation at Tepal is a direct result of the focused effort and dedication shown by the field exploration team with the support of key stakeholders. We are delighted by the success of the 2017 field program and are very much looking forward to an exciting exploration year ahead.”

Azure Minerals Ltd. – Update on Alacrán Project

Project operator Minera Teck S.A. de C.V., a 100%-owned subsidiary of Canada’s largest diversified resource company, Teck Resources Limited, has advised Azure that all drill core from its 11-hole diamond drilling program completed in December 2017 has been logged and sampled. All samples have been submitted for assaying and receipt of assay results is in progress.

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