Year: 2018

Golden Goliath – Uruachic Option Exercised

Golden Goliath Resources Ltd. is pleased to announce that Desarrollos Mineros El Aguila, S.A. de C.V. a wholly owned subsidiary of Fresnillo plc, has exercised the option agreement for the properties optioned to them by the Company in the Uruachic Mining District in the State of Chihuahua, Mexico.

San Marco Announces Drilling Has Commenced at the Chunibas Cu-Ag Project

San Marco CEO Christian Grijalva stated: “We’re very pleased to announce the start of a maiden drilling program at our Chunibas property. Chunibas represents a typical volcanic-hosted copper-silver stratiform system which was previously unexplored. This kind of mineralization was also previously unknown to Mexico and represents a very unique exploration endeavour. The drilling campaign will target higher-grade areas to confirm down-dip and strike extensions.”

Minera Saucito trabajará la planta tratadora poniente

Autoridades municipales realizaron la entrega de la planta tratadora de aguas residuales poniente a la empresa Minera Saucito que ganó la licitación para la operación de las instalaciones. De esta manera, el Sistema de Agua Potable, Alcantarillado y Saneamiento de Fresnillo (Siapasf), se ahorrará unos 7 millones 85 mil 859 pesos anuales de los costos por la operación de la planta.

Hecla Reports Continued Drilling Success in the Third Quarter

“With the addition of the Nevada assets, Hecla had the largest quarterly exploration program in its history,” said Phillips S. Baker, Jr., President and CEO. “While exploration expense will be less in the fourth quarter, it is not for lack of good results. All of Hecla’s programs this year had success that will justify follow-up in the future. But our focus in the fourth quarter will be at our Nevada operations and San Sebastian as we work towards the sort of mine life that we have at Greens Creek and Casa Berardi.”

IMPACT Silver Announces Financing of up to $1.5 Million

The Company intends to use the proceeds of the Private Placement to explore the Zacualpan land package for additional high potential precious metals as well as gold-copper targets, to improve efficiencies at the Guadalupe production mill, and for general working capital purposes.

Defiance Silver and Valoro Resources Sign Definitive Merger Agreement

The Transaction has the unanimous support of both companies’ Boards of Directors and Officers and will create a leading Mexico focused explorer with an advanced portfolio of silver and gold projects. The combined company will continue under the name of Defiance Silver Corp.

Auxico Closes Private Placement

Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement of 1,575,000 units, issued at a price of $0.20 per Unit, for gross proceeds of $315,000.

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