Author: Josue Gomez

Kootenay Identifies Significant New Silver Target at La Navidad Zone, on La Cigarra Silver Project, Mexico

Kootenay Silver President & CEO Jim McDonald states, “The geology of the newly identified silver bearing target contained within the La Navidad Zone bears striking similarities to the San Gregorio Zone to the west, which hosts a large portion of La Cigarra’s contained NI 43-101 silver resource. Recent field results have made this region of the property a top priority for future drill testing, as its location and geological features offer considerable exploration upside to the potential that already exists within the main La Cigarra mineralized system”

Chunibas Drill Program Expanded After Discovery of Large Intrusive Breccia System

Bob Willis, San Marcos CEO stated, “It is very early days, but we don’t want to understate the potential significance of this discovery. It’s too early to classify this new discovery though it has affinities to both breccia-hosted and intrusive-hosted systems, which are host to some large gold and gold-copper discoveries worldwide made in the recent past.”

Excellon Reports Second Quarter 2017 Production

“During the second quarter we realized significant improvements in operations as we reached dry mining conditions in mid-June,” stated Brendan Cahill, President and CEO. “Development rates, maintenance and electrical efficiency improved materially, grouting was eliminated and overall mobile pump usage was slashed. In late June, we began to see much higher rates of production, which have averaged 215 tonnes per day to-date in July, an increase of 72% relative to the first half of 2017, with access to fresh, high grade manto mineralization in Rodilla and Guadalupe South. Our next steps are to continue driving development headings to access additional high-grade working faces in the 623 and Pierna mantos and further ramp up production through the remainder of the year.”

Monarca Minerals Inc. Announces Completion of the Second Tranche of Private Placement of Units

Under the second tranche of the Financing, Monarca issued 3,340,000 units at a price of $0.13 per Unit for gross proceeds of $434,200, making the total number of Units issued under the Financing 16,572,182 and the aggregate gross proceeds of the Financing $2,154,383. Each Unit was comprised of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at a price of $0.18 per share for a period of 36 months from the date of issuance.

Red Tiger Provides Operational Update; Announces Reclassification to TSXV Tier 2

Red Tiger Mining Inc. announces that it currently continues to produce copper cathodes from the residual leaching of copper inventory on its leach pad. In December of last year, the Company ceased mining operations at the Luz del Cobre copper mine as the tonnage of soluble copper being mined had reached uneconomic levels for continued production.

Newmont Announces Two New Board Members

“We are honored to welcome Sheri and Molly to our Board as valued advisors and acknowledged technology and operational leaders. Their experience will build on the deep and diverse expertise of our current Board of Directors,” said Noreen Doyle, Chair of Newmont’s Board of Directors.

Westminster Announces Unit Private Placement

Westminster Resources Ltd. is pleased to announce that it has arranged a non-brokered private placement of up to 7.5 million units at a price of $0.20 per unit for gross proceeds of up to $1,500,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from the closing of the private placement. A finder’s fee commensurate with TSX Venture Exchange policies will be paid where applicable.

Corex Gold Appoints Doug Ramshaw as President and CEO

“I am very excited and pleased to take on the role of President and CEO of Corex Gold,” stated Mr. Ramshaw. “Corex boasts a world class operating team as well as a significant industry partner in Alamos Gold. I look forward to joining Corex and leading them into this exciting transition period as the Santana gold property transitions from a development stage project into a gold producing company.”

Azure Minerals Ltd. – Quarterly Activities Report for Period Ended 30 June 2017

During the June Quarter Azure has continued its strategy of identifying and assessing opportunities to acquire precious and base metals projects in Mexico. As a high priority, the Company has sought advanced stage projects where previous work outlined mineral resources or demonstrated, by drilling, continuous zones of mineralisation.

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