Alta Vista Ventures Ltd. is pleased to announce it plans to enter the legal marijuana market in Washington State by building and leasing greenhouse facilities to Licenced Producers for the sustainable growth of marijuana for the burgeoning legal recreational marijuana market.
Goldgroup Mining Inc. is pleased to announce that it has entered into a definitive agreement to sell its 100% interest in the Caballo Blanco Project to Timmins Gold Corp. for approximate cash and share proceeds totaling up to US$30 million.
Fortuna Silver Mines Inc. is pleased to announce Board approval of two major capital projects for 2015 at the San Jose Mine in Mexico: mill expansion from 2,000 to 3,000 tonnes per day and construction of a dry stack tailings deposit and filter facility. The company is in a strong financial position to meet its capital budgets from operating cash flows and available liquidity.
Santacruz Silver Mining Ltd. regrets to announce that a fatal accident occurred at the Rosario Mine in the State of San Luis Potosi, Mexico over this past weekend. An employee of a contractor was fatally injured while undertaking maintenance on Ball Mill #1 at the Rosario Mine.
San Marco Resources Inc. has signed a two year option agreement with Argonaut Gold Inc. of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a one percent NSR royalty on any future production.
Northair Silver Corp. is pleased to announce that the 2014 drilling program at its flagship La Cigarra silver project located in Chihuahua, Mexico has been completed and all results are compiled and under review. The Program consisted of seventeen core holes totaling 4,860 metres. Drilling was distributed over several property wide targets with most work directed at in-filling and expanding the known San Gregorio and Las Carolinas resource area. Subsequent to the Program, Northair currently has a cash balance position of just under C$5.0 million.
Cortez Gold Corp.is pleased to report it has completed construction of its gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver S.A. de C.V.
Paramount Gold and Silver Corp. today announced results from three additional core holes drilled at the high grade Don Ese deposit, located on its 100%-owned San Miguel Project in northern Mexico. Exceptional grades and widths from these infill holes are likely to upgrade resources to the measured and indicated categories and potentially increase the resource size and grade.
Orex Minerals Inc. – A drill rig and crew are now at the Los Crestones Gold-Silver-Copper Project in Sinaloa, Mexico, and have commenced drilling as of December 07, 2014. This is for a 5,000 metres diamond drilling program.
Orex Minerals Inc. has received from their project partner Fresnillo PLC the third instalment of drilling results from the Phase-III diamond drill program on the Coneto Gold-Silver Project in Durango, Mexico.
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