Evrim Resources Corp. announces it has arranged a 5,000,000 share non-brokered private placement at $0.32 per share for gross proceeds of $1.6 million. The shares will be subject to a four month hold from the date of closing under Canadian Securities Law. Finder’s fees of six per cent will be paid to eligible parties in conjunction with the placement.
GREAT PANTHER SILVER LIMITED today reported financial results for the Company’s three months ended March 31, 2014. The full version of the Company’s unaudited condensed interim consolidated financial statements, and Management’s Discussion and Analysis can be viewed on the Company’s website at www.greatpanther.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.
Rare Earth Minerals PLC Tuesday said it has found new lithium-bearing clay deposits on its concessions and engineering design work has started on a lithium carbonate plant after it announced that it can produce 99.5% pure battery-grade lithium carbonate from the Sonora Project in Mexico.
Golden Minerals Company is pleased to announce results from its recent drilling program conducted at the Velardena Properties located in the State of Durango, Mexico. Mining operations at Velardena were suspended in June 2013 in response to the decline in precious metals prices, and drilling and analysis have subsequently been conducted in support of creating a restart plan that would result in cash flow-positive operations. Since January 2014, the Company has drilled 37 underground core holes totaling approximately 8,000 meters. Several additional holes are being drilled to infill and confirm mineralized characteristics of the Terneras vein, one of the veins that would be mined if the Company recommences mining at the Velardena Properties.
Pan American Goldfields Ltd. announces that, as a result of its due diligence, Canarc Resources Corp has terminated its previously announced Letter of Intent with the Company with respect to a business combination.
Argonaut Gold Inc. is pleased to announce its financial and operating results for the first quarter ended March 31, 2014. All dollar amounts are expressed in United States dollars unless otherwise specified.
Kootenay Silver Inc. is pleased to announce that plans are underway for an anticipated 3,000 meter drill program on its emerging La Negra Silver prospect, situated 7 kilometres north of the Promontorio diatreme breccias, in Sonora, Mexico. The La Negra prospect is one of five identified discoveries within a 25km x15 km northwest trending corridor, termed the “Promontorio Mineral Belt.”
Tosca Mining Corp. has received final approval from the TSX Venture Exchange on May 01, 2014 for the first tranche of its previously announced non-brokered private placement. Terms of the financing are 6 cents per unit with each unit consisting of one common share and one share purchase warrant which is non-transferable. Each warrant is exercisable at a price of 8 cents per share for a period 12 months after closing and at a price of 10 cents for an additional period of 12 months thereafter.
Tarsis Resources Ltd. is pleased to announce that it has carried out further exploration at its Yago project, including sawn channel sampling of outcrop, mapping and rock and soil sampling. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment.
BACANORA MINERALS LTD. is pleased to provide an update of recently completed operational activities, ongoing exploration work and future plans for the Sonora Lithium Project in Mexico.
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