Technical Director Bill Brodie Good said: “We are thrilled about the conditional acquisition of this license as it adds considerable exploration potential to the Company’s portfolio, with numerous new and exciting targets to develop.”
“Acquiring La Reyna in the historic high-grade Cusi District gives the Company a foothold in another major mining district in Chihuahua, only 90km from our flagship Guigui Project.”
Redstar CEO, Charles Funk, commented “The AGSM was the final major milestone to complete the transformation of Redstar Gold to Heliostar Metals.”
Silver Dollar Resources Inc. is pleased to announce it has entered into an investor relations consulting agreement with Mr. Joseph Cullen.
Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the continued positive results from the drilling at Rodeo. The drill program has provided us with significant additional information on the details of the high-grade gold zone, expanding the extent of potentially minable material in many areas of the planned open pit.”
Net proceeds of the Offering, if any, together with the Company’s current cash resources and free cash flow, will be used to advance its Terronera project (including preparation of a feasibility study on the project), the Parral project, prospective mergers and acquisitions and for working capital purposes.
The proceeds from the Private Placement are expected to be used by the Company to purchase underground equipment for its Zimapan property and for general working capital and corporate purposes.
Excellon Resources Inc. is pleased to announce the appointment of Paul Keller, P. Eng. as Chief Operating Officer and Alfred Colas, CPA, CA as Chief Financial Officer.
“I’m very pleased to welcome Anna Ladd-Kruger to McEwen Mining. Anna is an experienced and innovative leader with broad global experience and a proven track record of leading strong finance teams,” commented Rob McEwen, Chairman and Chief Owner.
The net proceeds from the IPO will be used for working capital and to carry out exploration of the Company’s Palos Verdes Property located in the southern part of the State of Sinaloa in northwestern Mexico, approximately 65 kilometers NE of Mazatlán, Sinaloa, in the Municipality of Concordia.
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