San José represents one of the largest and highest-grade new vein zones weve found at Alamos, with grades and widths that bode well for the potential at depth and along strike. We expect to test this new target in our current drill program. stated Darrell Rader, President and CEO of Minaurum.
United States Antimony Corporation reported that most of the equipment for the Puerto Blanco leach plant has been built in Montana and is ready to transport. Projects remaining include finishing the tailings pond, wiring, plumbing and completing the building. Hopefully, testing should begin at the end of this year. The Los Juarez gold, silver, and antimony property is regarded as potentially the largest corporate asset and has been on hold due to metallurgical and permitting delays.
New Gold Inc. announces the appointment of Robert J. Chausse as Executive Vice President and Chief Financial Officer, effective immediately. Rob brings with him more than 25 years of international finance experience, exclusively in the mining sector, which will enhance the collective expertise of the leadership team as we reposition New Gold as a leading, Canadian-focused intermediate producer. The Company also announces the departure of Paula Myson, Executive Vice President and Chief Financial Officer.
Despite the operational and weather-related challenges, and the low metal prices experienced in the third quarter, the Company continued to increase mill throughput at San Rafael through the quarter, said Darren Blasutti, President & CEO of Americas Silver. As a result, the San Rafael mill is now consistently achieving over 1,700 tonnes per day. With capital development to reach the Main Zone nearing completion at San Rafael and Galena running smoothly since mid-July, we expect the fourth quarter to achieve the highest silver and silver equivalent production quarter of 2018.
El 31 de octubre de octubre del 2018 en el Hotel Camino Real de la Ciudad de México se realizó el Foro Los Retos de la Minería Mexicana, evento organizado por la Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México (AIMMGM). Ante una audiencia integrada por representantes de los sectores público y privado de la industria minera mexicana se hizo una exposición amplia y detallada del estado que guarda el sector. Como invitado especial al Foro acudió el M.C. Francisco Quiroga, próximo Subsecretario de Minería, nombrado por el Presidente Electo de México, Lic. Andrés Manuel López Obrador.
Oroco Resource Corp. is pleased to announce that it has closed the non-brokered private placement financing previously announced by news releases dated October 9, 2018 and October 25, 2018. The Company has raised gross proceeds of $750,000 through the sale of a total of 3,750,000 units at a price of $0.20 per unit.
Advance Gold Corp. proposes to undertake a non-brokered private placement of units at a price of $0.08 per unit for gross proceeds of up to $300,000.
Canuc Resources Corporation is pleased to announce that it has received final approval from the TSX Venture Exchange for the previously announced acquisition of Full Circle Energy Ltd.
Golden Reign Resources Ltd. and Marlin Gold Mining Ltd. are pleased to announced that Marlin has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which and subject to the terms of the Arrangement Agreement date August 3, 2018, between Golden Reign and Marlin, Golden Reign will acquire all of the issued and outstanding common shares of Marlin on the basis set forth in the Arrangement Agreement which is available under each company’s SEDAR profile at www.sedar.com.
Alamos Gold, Inc. informa que debido al abatimiento de las reservas minerales en su unidad minera El Chanate, a partir del mes de noviembre se da por concluida la extracción de mineral, continuando en el mediano plazo con la producción de oro únicamente mediante el proceso de lixiviación en patios. En sus 12 años de operación, la mina El Chanate extrajo una cantidad importante de toneladas, alcanzando a esta fecha 690,000 onzas de oro y más de un millón de onzas de plata producidas.
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