Orex Minerals Inc. is pleased to announce that project partner Fresnillo PLC, has confirmed that they have met the exploration expenditures of the Second Investment Option stage on the Coneto Gold-Silver Project in Durango, Mexico. The project will proceed as a joint venture, with ownership of 55:45 % between Fresnillo and Orex.
Morro Bay Resources Ltd. is pleased to announce it has closed its Private Placement previously announced July 29, 2015. The Private Placement consists of the issuance of a total of 2,775,652 Units at a price of $0.05 per unit for gross proceeds of $138,782.57.
Minera Alamos Inc. today provided an update on test work currently underway in their evaluation of sensor-based ore sorting techniques for its 100% owned Los Verdes copper-molybdenum project in Sonora, Mexico.
Colibri Resource Corporation is pleased to announce that further to receipt of the required shareholder and TSX Venture Exchange approval, the Company intends to implement its previously announced proposed share consolidation of all of its issued and outstanding common shares on the basis of one post-consolidation share for every fifteen pre-consolidation Shares.
Orex Minerals Inc. is pleased to announce that Orex’s shareholders, optionholders and warrantholders have voted today at the annual and special meeting of Orex Securityholders to approve the previously announced plan of arrangement between Orex and Barsele Minerals Corp, Orex’s wholly-owned subsidiary. The Arrangement was approved by 99.87% of the votes cast by Shareholders and Optionholders, voting together as a single class, and 100% of the votes cast by Warrantholders, voting as a single class, at the Meeting. Additionally, all annual matters that were put before Shareholders at the Meeting were approved. In particular, Orex is pleased to announce the re-election of Gary Cope, Ross Wilmot, William Henry White, Arthur Freeze and Rick Sayers to its board of directors…
Mr Mark Creasy increases shareholding in Azure via A$1 million share placement
Additional A$500,000 in funding secured from New York-based resources fund
Funding will allow Azure to rapidly progress Mesa de Plata silver discovery
First Mexican Gold Corp. is pleased to announce that it has signed a non-binding letter agreement with Link Natural Resources FZC, a private entity in the United Arab Emirates (Dubai), to enter into a 50/50 Joint-Venture with the intent of putting the Karen zone into production at the Companys Guadalupe property in Sonora, Mexico. The agreement is subject to a 30 day exclusive due diligence period.
With the close of this equity financing, the Company is now working to complete the definitive agreement with Marlin Gold Mining Ltd. whereby Canarc will acquire 100% of the shares in Marlins wholly owned subsidiary company, Oro Silver Resources Ltd., which owns the fully permitted El Compas Gold-Silver Mine Project in Zacatecas, Mexico.
Endeavour Silver Corp. announces that infill drilling on the Terronera property in Jalisco State, Mexico continues to define high grade, silver-gold mineralization within the Terronera vein system. The main mineralized zone extends over 1,400 metres in length, and is still open along strike to the southeast and down dip.
Arian Silver Corporation, a silver mining company focused on silver projects in the silver belt of Zacatecas, Mexico, announces today the positive advancement of its financing discussions and the signing of a letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC , approved by the independent directors of the Company.
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