Category: Exploration and Development

GoGold Signs Land Agreement For Production With The Ejido At The Santa Gertrudis Project

GoGold Resources Ltd. is pleased to announce that a land agreement to mine and explore on the Ejido property associated with the Santa Gertrudis Gold Mine in Mexico has been executed. The agreement allows GoGold to mine and explore the 2,006 hectares of land that is owned by the local Ejido for a period of ten years with an option to renew for a further five years. With the company’s intent to reestablish mining, this agreement will allow GoGold to fast track the Santa Gertrudis gold mine to production.

Odyssey Receives Updated Assessment of Oceanica Resources Deposit

Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, has received an NI 43-101 compliant “Technical Report: Revised Assessment” that concludes the measured and indicated phosphorite resources at the Oceanica deposit now total 327.2 million ore tonnes at 18.5% P2O5, an increase of 20% over the last preliminary assessment total of 273.5 million ore tonnes.

Riverside Resources Extends Penoles Project Option for Additional $500,000 in Property Expenditures and $750,000 Advanced Payment to Riverside

Riverside Resources Inc. announces that it has agreed to extend the option for partner Morro Bay Resources Ltd to earn an initial 51% interest in the Company’s Penoles Project in Durango, Mexico. In order to extend the option, Morro Bay has agreed to (1) incur additional expenditures of $500,000 on the exploration and development of the Project by October 31, 2014, with the program to be managed by Riverside, and (2) pay to Riverside one-half of the $1,500,000 payment on or before July 15, 2014, which is payable in cash or Morro Bay shares as outlined in the Amended and Restated Option Agreement.

Bearing Provides Drill Results From Pedro Gold Project, Mexico

Bearing Resources Ltd. has received the drill results from Newmont de Mexico, S.A. de C.V, a wholly owned subsidiary of Newmont Mining Corporation, from its recently completed drill program on Bearing’s 100% owned Pedro property in Durango Mexico. Newmont terminated the option agreement on Pedro with an effective date of July 11, 2014.

Bearing Provides Drill Results From Pedro Gold Project, Mexico

Bearing Resources Ltd. has received the drill results from Newmont de Mexico, S.A. de C.V, a wholly owned subsidiary of Newmont Mining Corporation, from its recently completed drill program on Bearing’s 100% owned Pedro property in Durango Mexico. Newmont terminated the option agreement on Pedro with an effective date of July 11, 2014.

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