Author: Josue Gomez

Alset Minerals Acquires New Salars for Lithium and Potassium Exploration – Alset Now Has Major Position in New Lithium-Potassium Province in Mexico

Allan Barry Laboucan, President and CEO of Alset said: “Management has been impressed with the success we have had with the exploration of our original group of salars. As previously reported from the work on our original group of salars we have found high-grade lithium-potassium in some of those salars, they are in a mining friendly jurisdiction with excellent infrastructure. Alset currently has a large number of brine and soil samples being processed, the company decided that this would be an appropriate time to acquire further salars in the area. We are fortunate to be involved in a sector that will be crucial for the energy industry with lithium needed for energy storage and having the bonus of potassium crucial for the production of fertilizers needed for farming in Mexico. With our new acquisitions, we will have a 100% interest in a group of salars that span an entire province.”

Silver Bull Announces Closing of Initial Tranche of Private Placement for CDN$1,459,200, Including CDN$200,000 from Sprott Managed Fund

The net proceeds of the Private Placement will be used by Silver Bull for general working capital purposes and exploration of the Sierra Mojada Project. The Company paid an aggregate cash commission on the initial tranche of CDN$100,744, in addition to issuing an aggregate of 1,259,300 non-transferable common share purchase warrants. Each Finders’ Warrant entitles the holder thereof to acquire one Common Share for CDN$0.10 until the second anniversary of the closing of the initial tranche of the Private Placement.

Santana Minerals Limited – Significant silver mineralisation at depth and along strike across Las Animas and Evangelina vein systems

The Company is highly encouraged by the overall results of the drill program at Mojardina with a new zone of mineralisation identified at the southern extent of the structure and expansionary drilling below Evangelina and Las Animas confirming mineralisation remains open at depth and along strike. Each of the three RC drill programs undertaken at the Mojardina prospect have added significantly to its advancement and delivered material results that confirm the potential for a near surface, bulk tonnage silver resource.

Prevención de accidentes en minería, para 369 cursantes

En vísperas de celebrar mañana 11 de julio el Día del Minero, autoridades universitarias y de la minería nacional, realizaron la inauguración del “X Diplomado en Prevención de Riesgos de la Industria Minera 2017”, evento que tendrá como sede la Universidad Autónoma de Zacatecas (UAZ).

Sierra Metals to Commence Trading on NYSE MKT

Igor Gonzales, President and Chief Executive Officer of the Company, stated “the listing of our common shares on the NYSE MKT represents an important corporate milestone for Sierra Metals and another step in our plan to enhance shareholder value by increasing stock liquidity and exposure to institutional investors”.

Alio Gold Provides Q2 2017 Update

“The San Francisco mine had another strong quarter, exceeding the upper end of our production guidance range of 20,000 to 22,000 ounces for Q2 with 22,011 ounces produced and 21,495 ounces sold,” said Greg McCunn, Chief Executive Officer. “Our balance sheet remained strong throughout the quarter with approximately $35 million in cash on hand as at June 30, 2017, as we continued to invest the majority of the cash flow from operations into advancing our high-grade, low cost Ana Paula Project in Guerrero, Mexico. With the recently announced CAD$50 million equity financing expected to close on or about July 20, 2017, our balance sheet will be further strengthened, allowing us to continue to advance the development at Ana Paula, including completion of a definitive feasibility study, change of land use permitting, surface exploration drilling and development of an underground decline for exploration below the proposed open pit.”

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