Tarachi Gold Corp. is pleased to announce that on March 17, 2021, the Company completed the acquisition from Manto Resources S.A. de C.V. of the Magistral Mill and Tailings project in Durango, Mexico.
Radius Gold Inc. is pleased to announce that together with JV partner, Volcanic Gold Mines, the companies have received final approval from the Ministerio de Ambiente y Recursos Naturales (Ministry of Environment and Natural Resources) to conduct drilling on the Holly Project in eastern Guatemala.
The proceeds from the Private Placement are expected to be used by the Company to complement the acquisition of the Zimapan mine assets, to accelerate exploration activities at the Horizontes (Lomo del Toro) area and for general working capital and corporate purposes.
Mexico could revoke a concession held by Canadian miner Americas Gold and Silver Corp in northern Mexico if it does not accept its new trade union representation there, President Andres Manuel Lopez Obrador said on Wednesday.
El presidente de México, Andrés Manuel López Obrador, dijo el miércoles que está dispuesto a tomar acciones legales, incluida la revocación de una concesión, contra dos mineras canadienses que operan en el país y a las que acusa de violar la ley en una disputa fiscal y en un conflicto sindical.
“The recently announced sale of our non-core asset, the Toiyabe property in Nevada, will provide further working capital to explore and develop our Mexican properties in order to find new opportunities and continue to extend the San Martin mine life.”
Empress Royalty Corp. is pleased to announce that due to significant demand, the Company has increased the gross proceeds of the previously announced bought deal public offering from C$12 million to C$15 million.
“Coming out of the suspension in Q2 2020, we turned the operation around, improving productivity and reducing costs – though concentrate treatment charges remained high and a strain on cash flow. But 2020 set the stage for what we believe will be a new year full of resource growth and discovery, as we advance and commence drilling programs on almost all of our projects.”
VanGold Mining Corp is pleased to announce it has signed a definitive asset purchase agreement with Endeavour Silver Corp. to acquire the El Cubo mine and mill complex located 8km by road northeast of the Company’s El Pinguico silver-gold project near the city of Guanajuato, Mexico.
Bradford Cooke, Endeavour CEO, commented, “Inclusion in these two major indices is a great milestone for the Company, validating our recent success and providing greater visibility to investors. Constituents of these indices receive both an increase in the company profile and inclusion in mutual and pension funds that use these indices as benchmarks.”
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