Camrova Resources Inc. announces that it has closed $53,800 in the first tranche of the previously announced private placement of units of the Company. Each Unit consists of one common share of Camrova and one common share purchase warrant. Each Warrant will be exercisable into one common share for a period of two years at a price of $0.10 per share.
VVC President Jim Culver commented, This updated Resource Estimate is just the beginning. More exploration is required, however the Resource Estimate gives us (i) data leading us toward considering the possibility of a Pilot Mine should the economic viability and technical feasibility be established, (ii) a roadmap for further exploration, and (iii) an idea of the overall prospects of the Samalayuca Project.
Jorge A. Ganoza, President and CEO, commented, Based on the results of the 2018 infill drill program and optimization of our mine plan, we have been able to identify higher grade mineralized areas for mining in Lindero´s first year of commercial production. Mr. Ganoza added, As we conduct additional studies on expanding the leach pad facility, the Company will be in a position to assess the ability to upgrade material from measured and indicated resources to reserves.
Goldcorp Inc. is pleased to announce that Goldcorp’s shareholders have voted overwhelmingly in favour of the plan of arrangement to combine with Newmont Mining Corporation at a special meeting of shareholders held earlier today.
Mr. Brad Langille, President and CEO, stated, Production increased each month during the quarter and the Company expects that there will be continued improvement in the June 30, 2019 quarter.
GREAT PANTHER MINING LIMITED reports, further to its news release dated March 5, 2019, that all holders of the outstanding senior secured debentures maturing on June 30, 2023 issued by Beadell Resources have accepted the Company’s repurchase offer made under the terms of the indenture governing the Debentures. The repurchase was completed today for an aggregate price of US$10,500,000, plus accrued interest.
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.
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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