Day: June 27, 2019

Alien Metals – Brokered placing and appointment of Joint Broker

Peter Taylor, CEO of Alien, commented: “This modest round of strategic funding comes at a premium, underwrites ongoing exploration of the asset portfolio and opens new opportunities to consider complementary projects. I am pleased to welcome and secure the brokerage and research capabilities of SVS alongside those of First Equity.”

Almaden Announces Results of Annual General Meeting; Provides Update on Ixtaca Project

Duane Poliquin, Chairman of Almaden, stated ‘Over the past several years we have worked to build a project with a robust resource, a limited environmental footprint, and a solid base of local community support. We are optimistic that in the near future we will have a fully permitted project and access to the funding necessary to commence construction. Once in operation, Ixtaca will be a robust producer of over 170,000 ozs per year gold equivalent, or almost 13 million ozs per year silver equivalent, over an 11 year mine life. Our aim is that Ixtaca becomes another showcase of how modern mining can deliver positive results for shareholders as well as local communities and host governments. We look forward to working with all groups that share this vision over the coming months and years.’

Se agrava conflicto entre mineros

Gustavo Barrios Serrano, secretario del Trabajo del Sindicato Nacional Minero Metalúrgico (SNMM) Frente, junto a un grupo de mineros, se manifestaron a las afueras del Tiro General de la empresa minera Fresnillo PLC, con la finalidad de no permitir la reinstalación de Mario Márquez Jiménez a sus labores.

Silver Viper Renegotiates Rubi-Esperanza Option Agreement

Renegotiation of the Rubi-Esperanza agreement is part of an ongoing effort by Silver Viper to ensure that maximum expenditures are directed into exploration activities at La Virginia where initial work has provided highly encouraging early results.

Minera Alamos Receives Positive Change of Land Use Notice for its Permit Application at Santana Gold Project

‘The receipt of this notification represents another major milestone for the Company. Despite the anticipated delays related to the changes in the Mexican government in 2018, this notice was received approximately one year following our permitting application for commercial production at Santana’ stated Darren Koningen, CEO of Minera Alamos. ‘Our highly experienced Mexican technical team continues to demonstrate the ability to concurrently advance our full portfolio of late-stage gold development projects. Mexico remains one of the world’s premier mine development locations with respect to the timeframes required for permitting of new operations. We are excited to advance the Company’s Santana gold project which remains our top priority for construction consideration in 2019.’

SilverCrest Announces Decline Has Intersected Babicanora Vein, Confirms New Vein Discovery and Additional High-Grade In-Fill Drill Results:

N. Eric Fier, CPG, P.Eng, and CEO, remarked, ‘As we advance Las Chispas to complete a Feasibility Study, we are diligently working to finish our in-fill drilling program on the Babicanora veins to further de-risk and convert resources to reserves. The discovery of the Babi Vista Vein in the decline provides us with a new target immediately adjacent to already defined vein resources with established underground access. This target can potentially add high margin resources beyond what was included in the Preliminary Economic Assessment announced May 15, 2019.’

Sable Resources Ltd. Announces Grant of Options

Sable Resources Ltd. announces that it has granted a total of 2,800,000 incentive stock options to certain officers, directors, employees and consultants of the Company pursuant to the Company’s Stock Option Plan. Such options are exercisable at a price of $0.15 for a period of five years.

Golden Minerals Enters Into Agreement for the Sale of Velardeña and Other Properties

Golden Minerals’ President and Chief Executive Officer, Warren Rehn, commented, ‘We are very pleased to announce this transaction, as its consummation will enable Golden Minerals to focus on moving our other existing projects forward, including the newly-acquired Sand Canyon gold-silver project in Nevada, the Yoquivo silver-gold project in Chihuahua State, Mexico, and the El Quevar silver project in Argentina.’

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