Month: July 2019

Proceeds from the Private Placement will be used to fund the Company’s exploration programs at the Cervantes porphyry gold-copper project in Sonora, Mexico and the Tombstone CRD silver-lead-gold-copper project in Arizona, as well as for general working capital purposes.

Silver One Resources Inc. is pleased to announce that it will conduct a non-brokered private placement of up 20,000,000 units at a price of $0.125 per Unit for gross proceeds of up to $2,500,000.

Arturo Prestamo, Santacruz’s CEO stated, ‘The acquisition of a 50% interest in Carrizal is an important first step towards returning to 100% ownership rights in the Veta Grande Project, subject to receiving the necessary approvals to complete the purchase of the remaining 50% of Carrizal. It also offers the Company a chance to acquire an indirect interest in an operating mine in a potentially accretive transaction that could enhance Santacruz’s operations.’

Fresnillo plc sigue la construcción de la planta de flotación de jales en Fresnillo para procesar jales históricos y continuos que programa poner en funcionamiento en el segundo semestre de 2020.

Fresnillo has now determined it to be in the Company´s best interests to align its tax treatment across its underground mining operations subsidiaries with the Conclusive Agreement. Accordingly, Fresnillo has voluntarily elected to apply the same criteria regarding the tax treatment of mining works to all its underground mines, retrospectively for the years 2014 to 2018.