Oroco Resource (TSX-V:OCO, StockForum), a Vancouver-based mineral exploration firm engaged in the development of Mexican precious metal projects, announced today that the company received a favorable ruling from the Federal Tribunal of Mexico, granting the company’s appeal of the lower Federal District Court ruling in regards to Oroco’s Xochipala project.
Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) announces the adoption by its Board of Directors of an Advance Notice Policy in respect of the election of directors.
Company-Wide Production Increasing by up to 25%
GoGold Resources Inc. is pleased to announce that it has received US$15 million from Orion Mine Finance representing the second advance under the credit agreement dated September 27, 2013. Further details about the debt financing arrangement with Orion Mine Finance is contained in GoGold’s news releases dated July 12, September 18 and September 30, 2013, which are available on SEDAR at www.sedar.com.
Garibaldi Resources Corp. is pleased to announce an online marketing and awareness program through AGORACOM.
Camino Minerals Corporation announces that Peter de Visser, Camino’s current Chief Financial Officer, has resigned and that Alexander Cheong, C.A., has been appointed as the Company’s new Chief Financial Officer.
Minaurum Gold Inc. announces that it has arranged to settle the outstanding debt owed to Minera Mariposa S.A. de C.V. pertaining to un-incurred expenditures on the Jackie and El Porfido properties by issuing an aggregate of 150,000 common shares at a deemed price of $0.533 per common share. The amount of indebtedness to be settled by this arrangement totals US$80,000.
“We are pleased to report that La Negra once again delivered another year of increased silver equivalent production, outperforming 2012 by 14%. I want to thank our team at La Negra for their continued efforts in achieving another successful year of growth in production. La Negra team has also delivered by replacing and expanding the current reserves through a focused program of underground development and diamond drilling,” commented Mr. Lenic Rodriguez, Aurcana’s President & CEO. “We continue to improve operations and look to further increase production in 2014 to between 3.75 to 4.1 million ounces of silver equivalent, a potential increase of more than 40% over 2013. Looking ahead, production planning has already commenced for 2015 at La Negra and the goal is to reach 3,800 tpd production based on continuing technical and financial studies.”
Structural progress despite operational challenges in mining
Ernesto Echavarria wishes to announce that on February 4th, 2014, he acquired, by way of a private placement, 2,500,000 units of Soltoro Ltd. at a price of $0.10 per Unit.
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