Quaterra Resources Inc. today announced that Steven Dischler has resigned as President and CEO and as a director of the Company for personal reasons. Thomas Patton, Chairman of the Board of Directors, will assume the role of President and CEO of the Company.
Further to its press release of August 11, 2015 announcing a proposed debt settlement through the issuance of shares, Starcore International Mines Ltd. announces that it has issued 15,972,810 Subscription Receipts, in full and complete settlement of outstanding debt as at July 31, 2015 in the aggregate amount of US$1,725,371.91 owed to certain creditors. The Receipts were issued at a deemed price of $0.14 per Receipt.
Riverside Resources Inc. is pleased with recent exploration work at the Companys Glor Gold Project, located approximately 8 km west of Alamos Golds El Chanate Gold Mine in Sonora, Mexico. Riversides recent work included geologic mapping, 44-line kilometers of ground magnetics and rock geochemical sampling. Five drill-ready target zones have been identified. The targets include Alamo, Alamo South, Joya, Pitaya, San Pedro, and Poblado. The targets have key characteristics similar to other major known gold mines in the region and being adjacent to the active operations at Chanate with similar geologic stratigraphy and structure makes Glor a priority district that warrants additional work.
Torex Gold Resources Inc. is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 in support of the Company’s news releases issued on July 21, 2015, entitled “Torex announces Updated Mine Plan for its Fully Funded El Limón-Guajes Gold Mine” and “Torex Announces a Positive ‘PEA” for its Media Luna Project including a New Inferred Resources Estimate of 7.4 million Gold Equivalent Ounces”.
Cyprium Mining Corporation is pleased to announce additional results from its initial phase of exploration at the Potosi silver mine located in Santa Eulalia, Mexico. On July 28, 2015, the Company announced the signing of letter of intent to acquire a 53% controlling interest in a joint venture to be formed which will have the rights to explore and exploit the historic Potosi silver mine.
Tesla Motors Inc., long known for its ability to keep its buzz machine churning, gave lithium investors something to get excited about this weekend. On Friday, Bacanora Minerals Ltd. and Rare Earth Minerals Plc, owners of the Sonora Lithium Project, announced that they had finalized a conditional, long-term lithium hydroxide supply agreement with the car and battery giant.
Photographic Report El Limon – Guajes
Shares in Gold Canyon Resources (CVE:GCU) and PC Gold (CVE:PKL) shot up on Tuesday massive trading volumes, after announcing that First Mining Finance Corp. (CVE:FF) will be acquiring all the shares of both explorers.
Arian Silver Corporation, a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that Oliver Rodz and David Laing have each resigned from the Board with immediate effect.
U.S. Precious Metals, Inc. announces that it has received additional assays from its 2015 drilling campaign. The assays for the five holes 18-22 continue to show high values of Gold, Silver and Copper with wide intercepts in multiple locations.
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