Category: Investor’s Corner

The proceeds of the offering will be used for continued drilling of the El Alamos claim, drilling at the Los Gemelos claim, and for general working capital.

PRIZE MINING CORPORATION announces the resignation of Michael McPhie as CEO, President and a Director of Prize. Gary Claytens has been appointed as CEO, President and Director on an interim basis.

Sierra Metals Inc. announces that the Toronto Stock Exchange has accepted a notice filed by the Company of its intention to amend its previously announced Normal Course Issuer Bid to increase the number of common shares of the Company which the Company may repurchase for cancellation under the NCIB from 1,500,000 Shares, or approximately 0.92% of the issued and outstanding Shares as of the date of commencement of the NCIB, to 2,500,000 Shares, representing approximately 1.54% of the Company’s issued and outstanding Shares as of September 17, 2019.

The TSX Venture Exchange has conditional accepted this Private Placement which Closing was to occur on September 12, 2019, but the Company has requested that the Closing be extended to October 11. Subscriptions received to date amount to about CA$1.8 million.

The consolidation is a condition of San Marco’s option agreement to acquire a 100% interest in the Buck Property, an intermediate sulphidation, epithermal gold-silver zinc property near the town of Houston in north-central British Columbia, which it announced on July 16, 2019.

Premier Gold Mines Limited is pleased to announce that Mr. Peter van Alphen is joining the Company as its Chief Operating Officer. Peter brings to Premier a successful track record of mine development and operations. In this role Peter will oversee the Company’s mining and development Projects including the Mercedes and South Arturo mines, and will lead development planning for Premier’s advanced-stage projects including Hardrock (Greenstone Gold) and Cove.

Defiance Silver Corp. reports that it intends to settle up to $150,000 of debt through the issuance of up to 535,715 common shares of the Company at a deemed price of $0.28 per Share to certain creditors of the Company, including certain of its directors and officers.

“We are honored to be receiving this Award for our commitment and leadership in corporate social responsibility in Mexico. As a company, sustainability and corporate social responsibility are core values which are incorporated into activities at all our operations,” said John A. McCluskey, President and CEO.

Starcore International Mines Ltd. has filed the results for the first quarter ended July 31, 2019 for the Company and its mining operations in Queretaro, Mexico.

“I am excited by the strong support shown by the Noteholders as demonstrated by the Interim Lender’s provision of the up to $3.75 million WC Facility, which will provide us with the working capital we need to meet our current customer demand and to continue to provide the highest standard of service through the CCAA proceedings,” said Marco Garrido, Director of Sales of Energold’s Mexico division.

Azure Minerals Limited is pleased to advise that a dispute over the recovery of IVA (the Mexican equivalent of GST) has been finalised with the Mexican tax authorities. This has resulted in the payment of Mx$10,337,075, approximately $767,000 Australian dollars (after conversion) to the Company’s 100% owned Mexican subsidiary Minera Azure SA de CV.

Newmont Goldcorp Corporation announced that the dialogue sponsored by the government of Mexico to resolve issues with a trucking contractor and the San Juan de Cedros community (one of Peñasquito’s 25 neighboring communities) has been suspended and that an illegal blockade has resumed.

Jorge A. Ganoza, President, CEO and Director, commented, “The start of pre-production mining is one of the important milestones of the project as we go into the final stretch of construction…In its first full year of operation, Lindero is planned to produce between 145 to 160 thousand ounces of gold.”

Bacanora Lithium plc, the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.

Defiance Silver Corp. announces that it has applied for TSX Venture Exchange approval to extend by one year the expiry date of an aggregate of 5,750,001 outstanding warrants (not 6,187,201 warrants as announced September 4, 2019) exercisable at $0.45 per share.

Millrock has retained two projects in Mexico. The first, El Batamote, targets porphyry copper deposits and is situated in a prime belt which also contains two exceptionally large copper deposits, La Caridad and Cananea. The second project, Guadalcazar, is an oxidized, precious metal-bearing polymetallic skarn deposit located in central Mexico.

(Bloomberg) — El mineral de hierro se enfrenta a una larga y lenta caída en los próximos cinco años. Los precios están a punto de

Iron ore faces a long, slow slide over the coming half-decade. Prices are poised to decline over the long term as the impact of weakening demand in biggest buyer China will more than offset gains in consumption seen in other emerging markets including India, according to Citigroup Inc.

Impact Silver Corp. [IPT-TSXV; IKL-FSE] shares rallied Wednesday September 11 after the company announced high-grade silver results from underground drilling at the San Ramon Mine in the Royal Mines of Zacualpan District, central Mexico.

Almadex, its predecessors and partners have worked in the Spences Bridge area since about 2002. J. Duane Poliquin, Chairman of Almadex, stated, “We have now optioned all of our Spences Bridge property holdings to partners, and look forward to active exploration on our properties over the coming years”.

We have one of the deepest project pipelines within the Mexican Mining Industry in the Precious Metals Sector, including brownfields projects near existing operations, some of the largest undeveloped gold deposits in the Country of Mexico. Negotiate mutually beneficial Joint Ventures with high-quality junior exploration companies.

Warren Rehn, Golden Minerals’ President and Chief Executive Officer, commented, “While it is unfortunate we could not come to terms with Autlán, we are now in a position to consider future options for the properties that were included in the Autlán agreement. Due to the recent increases in gold and silver prices, we believe the value of these assets has increased substantially.”

11 September 2019 Dear Shareholder, PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER As announced on 10 September 2019, Consolidated Zinc Limited (“Company”) is seeking to raise up to