Author: Josue Gomez

Sonoro Drilling Targeting High-Grade Epithermal Gold Mineralization at Cerro Caliche

Phase One of the program will total 6,000 meters of core drilling to test 20 targets, of which the initial 11 holes have been identified in the Drilling Plan. Of the remaining nine holes, seven have been tentatively identified in the Drilling Plan and two are reserved depending on the results of prior holes. This initial core drilling program is the first segment of the proposed 50,000 meters of core and rotary drilling contemplated in the Company’s May 26, 2020 news release.

Leading Independent Advisory Firms ISS and Glass Lewis Recommend that SSR Mining and Alacer Gold Shareholders Vote for the Matters Proposed in Connection with Proposed Merger

SSR Mining Inc. and Alacer Gold Corp. are pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the matters to be voted on at the applicable meetings in connection with their previously announced at-market merger of equals pursuant to a plan of arrangement under the Business Corporations Act (Yukon).

McEwen Mining Closes the Refinancing of Its $50 Million Debt

As part of the refinancing, Sprott Private Resource Lending II, LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender.

Teck Named to 2020 Best 50 Corporate Citizens in Canada

“This recognition is made possible by our employees who ensure that sustainability is central to everything we do,” said Don Lindsay, President and CEO. “Teck is committed to being a positive corporate citizen and to responsibly producing the materials needed to build a better quality of life for people around the world.”

Tarachi Gold Corp Announces Start Of Field Program

Tarachi Gold Corp. is pleased to announce that field work has commenced on the Company’s group of mining concessions known as the Tarachi project located in the Sierra Madre Gold Belt of Eastern Sonora, Mexico. The Company’s projects all lie within an established gold producing region, bordering Alamos’ Mulatos mine and Agnico Eagle’s La India mine.

Candelaria Mining Closed US$9 Million Medium Term Loan Facility

Curtis Turner, CEO commented, “Candelaria is pleased to have reached agreement with a lender such as Accendo Banco for a project loan facility. This announcement represents a major catalyst in providing substantial economic development for the municipality of Pinos, Zacatecas in Mexico.”

All News