Lowell Copper Ltd. and Minaurum Gold Inc. are pleased to announce that further to their previously announced binding letter agreement which, among other things, granted an option on Minaurum’s Santa Marta VMS project in Oaxaca Mexico, the parties have executed a definitive option agreement.
Freyja Resources Inc. announced today that it has received a drilling permit (the “Permit”) from the Secretary of the Ministry of Environmental and Natural Resources of Mexico. The Permit covers areas of the Las Cristinas Property where drilling operations will not impact vegetation. The first phase of the drilling program, which is expected to start in April 2014, will consist of approximately 1,000 meters, with more drilling targets to be identified in the coming weeks.
SilverCrest Mines said that a contractor employee died in an accident at its Santa Elena mine in Mexico last Friday.
International Northair Mines Ltd. is pleased to provide an update of the ongoing exploration program at its La Cigarra silver Project, located in north central Mexico.
Argonaut Gold Inc. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.
SilverCrest Mines Inc. is pleased to announce its audited consolidated financial results for the fourth quarter and year ended December 31, 2013. The fourth quarter and 2013 year end financials results reflect a one-time non-cash deferred tax accounting adjustment of $5.8 million as a result of the enactment of the Mexican Tax Reform. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
The new board of directors of Oremex Silver Inc. is pleased to report that it has begun making progress on a number of fronts since it has assumed leadership of the Company.
Orex Minerals Inc. is pleased to announce that it has closed the first tranche of its private placement announced on February 27, 2014, issuing 8,658,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,164,500. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 months from closing, expiring March 24, 2016. The shares and Warrants comprising the Units and any shares issued upon the exercise of the Warrants are subject to a hold period which expires on July 25, 2014.
Southern Silver Exploration Corp. reported today that equipment has mobilized and a new phase of diamond drilling has started on the Cerro Las Minitas Project, Durango Mexico.
Catalyst Copper Corp. announces that David Laing has been appointed as Chief Executive Officer, President, and a director of the Company and Jeremy Crichton, CA has been appointed as Chief Financial Officer and Corporate Secretary of the Company. Mr. Laing and Mr. Crichton are replacing John Greenslade and Denby Greenslade, who have tendered their resignations. The Board wishes to thank Mr. Greenslade and Ms. Greenslade for their past services and wish them every success in their future endeavours.
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