Author: Josue Gomez

Candente Gold announces the Resignation of Dr. Peter Megaw as Independent Director

Candente Gold Corp. announces the resignation of Dr. Peter Megaw from his position as Independent Director as of November 26th, 2015 for personal reasons. Dr. Megaw has been a dedicated member of the Board of Directors of Candente Gold Corp since the Company was started in 2009 and prior to that a dedicated member of the Board of Directors of Candente Resource Corp since 2005 and we thank him for his valuable service. Dr. Megaw will remain associated with the Company in the capacity of Consultant which given his extensive knowledge of gold exploration in Mexico we consider to be extremely valuable.

Facility Assignment from RMB to Credipresto

Goldgroup Mining Inc. announces that on November 30, 2015, RMB Australia Holdings Limited has assigned their 80% portion of the Company’s outstanding $10,000,000 secured medium term loan facility to Credipresto SAPI de CV SOFOM ENR, giving Credipresto 100% ownership of the outstanding Facility. Javier Reyes, a director of Goldgroup, is a principle of Credipresto…

Millrock Announces Increase In Non-Brokered Private Placement Financing

Millrock Resources Inc. reports it has increased the non-brokered private placement announced on November 20, 2015. The financing will now consist of up to 8,125,000 units at a price of $0.16 per Unit, for gross proceeds of up to $1,300,000. Each Unit shall consist of one common share of Millrock and one share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share at a price of $0.22 per common share until and including the date which is one year from the closing date, thereafter at a price of $0.30 per common share until and including the date which is two years from the closing date and thereafter at a price of $0.40 per common share until and including the date which is four years from the closing date.

Southern Silver Identifies New Thick High-Grade Massive Sulphide Extension at Its Cerro Las Minitas Project

Southern Silver Exploration Corp. reported today that core drilling on the Cerro Las Minitas project, Durango State, Mexico has identified thick intervals of high-grade semi-massive and massive sulphide mineralization in drill hole 15CLM-081. The mineralized intercepts represent a significant lateral offset from previously outlined mineralization of the Blind-El Sol zones. Highlights from drill hole CLM-081 include:

Minera Alamos Inc.: Drilling at Los Verdes North Deposit Returns Values in Excess of Existing South Resource

“Not only were we encouraged by the significant copper equivalent grades at the North Deposit but also by an unexpectedly high silver content – over five times that experienced in the South Deposit,” said Darren Koningen, President, Minera Alamos Inc. “The real surprise, however, was how close the deposit came to surface making it ideal for open pit mining. The top six metres of all nine holes had a collective average grade of 0.79% copper equivalent.”

Habitantes de Coatetelco se oponen a la operación de empresa minera

Un grupo de habitantes de la comunidad de Coatetelco de esta localidad rechaza a la empresa minera Alamos Gold Company (antes Esperanza Silver), la cual busca explotar alrededor de 303 hectáreas de tierras de cultivo y de uso común de la comunidad para extraer metales como antimonio, arsénico y oro.

Red Tiger Reports Quarter Ended September 30, 2015 Results

Comex Grade 1 Copper cathodes production of 299 tonnes for the three months ended September 30, 2015

Copper sales of $1,419,869 for the three months ended September 30, 2015 at an average realized price of $2.15 per copper pound

Total cash costs per copper pound of $1.35 and average realized margin of $0.80 per copper pound for the three months ended September 30, 2015

Aurcana Reports Q3 2015 Financials and Provides Update on Restructuring Transaction

The Company had earnings (losses) from mining operations at La Negra for the quarter ended September 30, 2015 in the amount of ($1.0) million, compared to $0.6 million in Q3 2014, primarily due to weaker metals prices and lower grades of mineralization in mined material, partially offset by lower production costs. Net loss for the quarter increased to ($6.5) million or ($0.08) per share, compared with a net loss of ($3.7) million or ($0.04) per share in Q3 2014.

Nueve comunidades indígenas de Oaxaca dicen no a las mineras

En conferencia de prensa, representantes agrarios de Monte del Toro, El Vergel y su anexo Los Ocotes, San Martín de Los Cansecos, San Matías Chilazoa, Barrio del Progreso, Taniche, Cerro de las Huertas y Magdalena Teitipac de los Valles Centrales denunciaron que 90por ciento del territorio comunal y ejidal, fue concesionado a empresas mineras sin el consentimiento de las comunidades.

Alta Vista to purchase MMPR licenced producer

“The completion of this transaction puts Alta Vista in a select group of public companies”, stated Ian Foreman, president of Alta Vista, “as there are only a handful of public companies with a license to cultivate and sell medical cannabis in Canada under the MMPR system. We are excited about this opportunity to continue to grow RedeCan Pharm into a leader in the industry.”

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