Category: Investor’s Corner

Starcore Reports Q3 Results

“This quarter represents a return to full production and it is reflected in good earnings from mining operations of $2.1million and positive cash flow,” reported Robert Eadie, CEO of the Company. “With the finalization of the carbonaceous ore tests, we expect further increase in monthly metal production going forward.”

Goldgroup Announces Upsizing of Proposed Non-Brokered Private Placement

Goldgroup Mining Inc. is pleased to announce an increase in the size of the previously announced non-brokered private placement of units of the Company at a price of $0.30 per Unit. The size of the Private Placement has been increased from 23,333,334 Units to 25,833,334 Units for aggregate gross proceeds of approximately $7,750,000.

Minera Alamos Copperstone PEA

Minera Alamos Inc. is pleased to announce the reissuance of the Preliminary Economic Assessment on the 100% owned Copperstone Mine in Arizona, USA. The study demonstrates potentially robust post-tax economics which, due to pre-existing infrastructure on surface and underground, result in both low initial capital and an overall low capital intensity ratio on a per gold ounce basis.

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