Category: Investor’s Corner

Torq Resources Appoints Dan McCoy, Ph.D. as Chief Geologist

Torq Resources Inc. is pleased to announce the appointment of Daniel T. McCoy, Ph.D. as the Company’s Chief Geologist. Dr. McCoy has worked extensively in the mineral sector for over 27 years, specializing in precious metals exploration primarily in North and South America and Africa. He led the team credited with discovering the multi-million ounce Esaase gold deposit in West Africa. He also led the acquisition and exploration of the El Barqueno project in Mexico which was acquired by Agnico Eagle Mines Ltd. from Cayden Resources Inc. in 2014.

SilverCrest Appoints Christopher Ritchie as President; Announces Private Placement and Grants Options

N. Eric Fier, CEO, stated, “We are excited to have Chris joining our SilverCrest Team. Chris brings with him a wealth of industry knowledge including financing, market awareness, and investor relations skills. We are encouraged with the growing success at SilverCrest and believe it is time to welcome Chris with his additional skill set. Our expanded senior management team will allow us to further concentrate our efforts on the Las Chispas Property in Northern Mexico as well as other potential discoveries to strengthen SilverCrest’s long term growth. During his time at National Bank Financial and Canaccord Genuity, Chris developed a lengthy committed partnership with SilverCrest and the significant financial investment he is personally making today shows that growing commitment. I am excited to mentor Chris in his new role.”

Mammoth Announces Share for Debt Settlement and Issuance of Options

Thomas Atkins, President and CEO of Mammoth commented on the debt settlement and options issuance, stating: “These shares for debt and options are being issued at a 33% premium to the recently closed private placement financing. The settlement of debt for shares, where certain insiders were willing to accept such shares enables this amount to be invested in drilling, With the company soon to begin releasing results from its diamond drill program at the Tenoriba gold-silver property in Chihuahua, Mexico this share for debt and the annual option issuance is timed prior to any news flow on the drilling where black-out periods can occur and to eliminate any risk that the timing of any future share/option issuance may be influenced by knowledge of pending results. The Company expects to report on the results from this drilling in the coming weeks as results become available.”

Defiance Announces Resignation

Defiance Silver Corp. announces the resignation of Mr. Roy Bonnell as Chief Executive Officer and President effective immediately. Defiance has commenced a search for his replacement.

Orla Mining Ltd. Announces Share Settlement

Orla Mining Ltd. announces that its Board of Directors has approved a proposed share for debt settlement with certain creditors, providing for the settlement of an aggregate of $206,783 in debt through the issuance of an aggregate of 147,702 common shares of the Company at an issue price of $1.40 per common share.

México es el sexto productor de plomo en el mundo

La producción minera mundial de plomo en 2016 se situó en cuatro mil 704 millones de toneladas, de las cuales el 49.7% correspondió a China; 9.7%, Australia; 8.8%, Europa; 7.2%, Estados Unidos; 6.7%, Perú; 5.0%, México; y 12.9% otros países, según el reporte.

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