Author: Josue Gomez

Mineros Bloquean Fresnillo PLC

Más de 300 mineros de la sección 62, 72 y 82, se presentaron, este lunes, en el frente al Tiro General de la Minera Fresnillo PLC, para controlar el acceso y evitar que integrantes del Sindicato Independientes intentaran apoderarse del espacio.

Argonaut Gold and Alio Gold Complete Merger to Create North American Diversified Intermediate Gold Producer

Pete Dougherty, President and CEO of Argonaut Gold, stated: “By combining Argonaut with Alio, we have created a diversified, intermediate gold producer with four producing mines, an enviable growth asset pipeline and increased capital markets scale. On behalf of the entire Argonaut Gold team I would like to personally welcome Ms. Paula Rogers and Mr. Stephen Lang to the Board of Directors.”

Oroco Closes Non-Brokered Private Placement

The proceeds of the Financing will be used to advance the Santo Tomas Project, including site preparation for an exploration drill program, the acquisition of surface rights and permits, a 3D IP geophysical survey, and general corporate purposes. In addition, certain contingent legal fees relating to the acquisition of the core Santo Tomas concessions are to be paid.

Magna Gold Corp. Announces Settlement of Existing Arbitration Proceedings in Relation to the San Francisco Mine

Magna Gold Corp. is pleased to announce that, further to its news release dated April 24, 2020, its subsidiary, Molimentales del Noroeste, S.A. de C.V. has entered into a definitive agreement with Peal de Mexico, S.A. de C.V. to settle the existing arbitration proceedings between Peal and Molimentales in relation to the Company’s San Francisco gold mine located in Sonora, Mexico.

Valterra Increases Previously Announced Private Placement to $1.4 Million

Net proceeds from the private placement will be used to acquire a private Brazilian company that has a purchase agreement to acquire a 100% interest in the 172 ha freehold Lima Property for a purchase price of Cdn$500,000, as well as initial exploration work in preparation for bulk sampling at Lima, and for general working capital.

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