Gold Resource Corporation is pleased to announce it has increased its instituted annual dividend from $0.02 per common share to $0.04 per common share.
Oroco Resource Corp. is pleased to announce that it will hold a Special General Meeting of its shareholders at 2:00 p.m. on Thursday, December 19, 2019, at 402 – 1166 Alberni Street, Vancouver, B.C., to consider and vote on a resolution to approve the Company’s option to acquire Altamura Copper Corp. and advance loans to Altamura as described in the Company’s news release of October 9, 2018. The Company will also hold its annual general meeting at that time.
The company is initially targeting a five to ten million tonne, shallow high grade Cu-Au resource localized along the strike length of the exposed skarn zone. Further work will examine the deeper potential of the mineralizing system including a potential Porphyry Cu-Au source for the shallow high-grade mineralization.
“We’ve had a longstanding relationship with NASA,” said Denise Johnson, group president of Caterpillar’s resource industries unit, which produces and markets mining and large construction products and accounted for $10 billion of Cat’s total $54.7 billion in sales and revenues in 2018.
Tamino Minerals may have a solution to advance their exploration project. The company is working on the process of being added to the Mexican Stock Exchange. Big things are afloat, and the company is seeking the support of major shareholders.
Richard C. Adkerson, President and Chief Executive Officer, said, “Our global team has established strong momentum on our three major initiatives to build value for shareholders. We are effectively executing our plans to establish large-scale production from our significant high-grade, low-cost and long-lived underground ore bodies at Grasberg; advance the Lone Star project in Arizona as a new cornerstone asset in the U.S.; and progress our innovation initiatives to enhance productivity and grow our Americas operations with low capital intensity.”
”We are encouraged with these new results in the San Juan ore shoot and we are quickly demonstrating the potential for near surface mineralization and our drilling program will continue to focus on following the ore shoot down dip and along strike,” said Brad Langille, President and CEO.
“We are ahead of where we were after three quarters in 2018, despite lower base metal prices, but we continue to have further work to do at both Platosa and Miguel Auza,” stated Brendan Cahill, President and Chief Executive Officer.
Luis Castro, Vice President, Exploration commented, ”These infill drill holes at the Sierra Plata mine on the Veta Colorada vein continue to outline two significant, parallel mineralized zones over a 400 m length by 300 m depth below mine level 7. These mineralization zones are extensions of the orebodies mined by Grupo Mexico decades ago”
“We appreciate the government’s efforts to uphold the law by assuring ongoing access to and from Peñasquito while continuing to sponsor the dialogue process, should that continue to be needed,” said Tom Palmer, President and Chief Executive Officer. “Our focus is on ensuring a safe start up of operations so our workforce can return to their jobs in an orderly manner.”
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