SilverCrest Metals Inc. is pleased to announce the grant of stock options under its Stock Option Plan to the Companys directors, officers, employees and consultants. In addition, SilverCrest has agreed to a private placement by Pierre Beaudoin, the Companys recently appointed Chief Operating Officer.
Magellan Gold Corporation, a U.S. based mining and exploration enterprise focused on silver and gold, today announced it has reached preliminary agreement to toll treat mineralized material utilizing the Company’s SDA Mill at Acaponeta, Nayarit State, Mexico. A private third-party supplier will be responsible for sourcing the mineralized material and delivering it to the mill. Test processing of an initial bulk sample of approximately 1,000 tons is expected to commence during December 2018.
Silver Viper Minerals Corp. is pleased to announce that it has acquired three large mineral concessions totaling 35,598 hectares that comprise part of the La Virginia Gold-Silver Project in Sonora, Mexico, from a subsidiary of Pan American Silver Corp. pursuant to an assignment agreement dated December 14, 2018.
An aggregate of CA$2,212,510.00 (approximately US$1,700,000) has been raised pursuant to the Financing, and 44,250,200 additional Shares and 22,125,100 additional Warrants are being issued, subject to the final acceptance by the TSXV Venture Exchange. After issuing the Shares, there will be 305,766,461 shares issued and outstanding. The Shares and Warrants will be subject to the Statutory 4-month Hold Period in Canada expiring April 15, 2019. One insider of the Company, Mr. Terrence Martell, participated in 3.3% of the Financing.
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.
Camrova Resources Inc. wishes to provide an update regarding its ownership interest in Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. which operates the Boleo copper-cobalt-zinc mine located in Baja California Sur, Mexico.
Después de más de un día de búsqueda, los cuerpos de los dos mineros de Mulatos fueron localizados, lamentablemente fallecieron a causa del deslave de roca que tuvo lugar en las inmediaciones, informó el titular de la Unidad Estatal de Protección Civil (UEPC).
Millrock Resources Inc. reports the non-brokered private placement announced on December 7, 2018 was oversubscribed and the Company raised a total of $1,044,500. A total of 3,445,000 units at a price of $0.10 per unit have been issued in Tranche 2 for gross proceeds of $344,500. Each unit consists of one common share of Millrock and one share purchase warrant.
Alamos Gold informó que se están realizando esfuerzos para llegar al área donde fueron vistos por última vez con un equipo de búsqueda y recuperación. La compañía está investigando el accidente y ha notificado a las autoridades pertinentes, así como a los familiares de los desaparecidos.
Alamos Gold Inc. regrets to announce a serious accident occurred today at its Mulatos Mine in Mexico. The accident involved an unexpected pit slope movement in the El Salto area of the open pit where pre-stripping activities were being conducted.
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