Gainey Capital Corp. is pleased to announce that it has engaged Ore Drilling S de RL de CV of Hermosillo, Mexico as the contractor for its diamond drilling program at the Las Margaritas gold project in Durango. The Company has finalized the preparation of the infrastructure required including the repair and construction of approximately 39 kilometres of road and a water reservoir system to support the drilling.
Almadex, its predecessors and partners have worked in the Spences Bridge area since about 2002. J. Duane Poliquin, Chairman of Almadex, stated, “We have now optioned all of our Spences Bridge property holdings to partners, and look forward to active exploration on our properties over the coming years”.
We have one of the deepest project pipelines within the Mexican Mining Industry in the Precious Metals Sector, including brownfields projects near existing operations, some of the largest undeveloped gold deposits in the Country of Mexico. Negotiate mutually beneficial Joint Ventures with high-quality junior exploration companies.
Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to have closed the transaction and to be working with our dedicated Mexican team to progress these former mine areas with modern exploration and drilling. The recent success by companies like SilverCrest Metals, Premier Gold Mines, First Majestic, Agnico Eagle and others surrounding our project demonstrates the excellent potential for new discoveries in the district.”
Warren Rehn, Golden Minerals’ President and Chief Executive Officer, commented, “While it is unfortunate we could not come to terms with Autlán, we are now in a position to consider future options for the properties that were included in the Autlán agreement. Due to the recent increases in gold and silver prices, we believe the value of these assets has increased substantially.”
The San Ramon mine has produced for 14 years and continues to yield more silver mineralization. The San Ramon Deeps zone continues down to the southeast extending the known mineralized system to a depth of 1,611 m above sea level. Known mineralization over the total San Ramon workings has a down dip length of over 500m. Further drilling is planned to further test the extent of this prolific zone.
11 September 2019 Dear Shareholder, PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER As announced on 10 September 2019, Consolidated Zinc Limited (“Company”) is seeking to raise up to
The Company has granted 3 million incentive stock options to directors and officer and 400,000 to employees and consultants. The incentive stock options are exercisable for a period of five years at a price of $0.10.
Refrigerant manufacturer and supplier Mexichem Fluor has changed its brand name to Koura, in a move which sees its group company Mexichem adopting the name Orbia Advance Corporation.
The Company will use the net proceeds from the Offering for working capital in relation to the start-up of the Lindero project and for general working capital purposes.
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