“We are extremely pleased to have acquired a producing gold-silver mine with a strong operating team, underlying assets with a replacement cost exceeding our purchase price and what we believe to be exciting “blue sky” exploration potential,” commented Anthony Hawkshaw, President and CEO.
This payment confirms Barksdale’s intention to continue with its existing option agreement on the 760-acre Four Metals project, located 3km south of the Company’s flagship Sunnyside project and 2km west of the 100% owned San Antonio project.
The amended terms will allow Tarachi to continue focusing exploration efforts and expenditures on the most favorable concessions including Jabali, San Javier, Juliana and La Texana while reducing both near- and medium-term cash obligations.
Con la reforma a la Ley Minera en México se le dio el tiro de gracia a la intención de la empresa canadiense Organimax Nutient Corporation de explotar litio en Coahuila; tenía en trámite la cuarta concesión más grande del país con 303 mil hectáreas.
The net proceeds from the Units will be used by the Company for working capital purposes related to the ramp-up of mining and milling operations at the Tahuehueto Mine and for general working capital purposes.
Magna Gold Corp. announces that, further to its news release dated March 18, 2022, the Company has issued an aggregate of 1,660,132 common shares in the capital of the Company at a deemed price of $0.76 per Common Share to PEAL de Mexico S.A. de C.V. in settlement of outstanding debt in the aggregate amount of US$1,000,000.
“The HotBx property is located in the heart of the Laramide-aged Arizona Copper Belt, one of the most prolific copper producing districts in the world. HotBx has an address that is second to none with well established, world-class copper deposits in all directions from this central location” stated Steve Robertson, President & CEO of Infinitum Copper.
Senadores de las comisiones unidas de Minería y Desarrollo Regional y de Estudios Legislativos, aprobaron este martes la reforma a la Ley Minera que envió el presidente Andrés Manuel López Obrador, la cual establece que el el litio es patrimonio de la Nación.
La votación en lo general y lo particular de lo no reservado fue de 298 a favor, cero en contra y 197 abstenciones, de todo el bloque opositor, mientras que con la única reserva aceptada, de Morena, se registraron 275 votos a favor, 24 en contra y 187 abstenciones.
“The Company had a strong start to the 2022 and we expect that trend to continue as silver production ramps-up at both our Cosalá Operations in Sinaloa and the Galena Complex in Idaho over the rest of the year,” stated Americas President and CEO Darren Blasutti.
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