Category: Investor’s Corner

THE release of Consolidated Zinc’s maiden Mineral Resource last week has confirmed the company is on course towards future production plans.

BACANORA MINERALS LTD., the Canadian and London listed company focused on developing the Sonora Lithium Project in Mexico into a world class lithium carbonate operation, announces that it is continuing to develop a long term marketing relationship and off-take strategy and is now in advanced discussions with a significant Asian offtake partner for the supply of battery grade lithium carbonate (Li2CO3).

New Gold Inc. is pleased to announce that Hannes Portmann has been named President of New Gold. Randall Oliphant will continue in his role of Executive Chairman and Brian Penny will continue as Executive Vice President and Chief Financial Officer. David Schummer, Executive Vice President and Chief Operating Officer, is leaving New Gold and Raymond Threlkeld, currently a member of the company’s Board of Directors, will become Interim Chief Operating Officer.

Arian Silver Corporation is pleased to announce that further to the Company’s press release dated 27 October 2016 regarding the extension of the exclusivity agreement with Tierra Nuevo Mining Ltd over the Noche Buena gold and silver tailings project in Mexico, the period of exclusivity has been extended by a further 60 days to 25 February 2017 at no additional cost whilst the final results of metallurgical testwork are awaited.

GoGold Resources Inc. is pleased to announce the release of financial results for the quarter and year ending September 30, 2016 with an operating income of $943,000 for the year (All amounts are in U.S. dollars). GoGold recorded revenue of $16.7 million from the sale of 640,121 silver ounces and 5,533 gold ounces during the year.

“We hold very high expectations for this project and look forward to providing our investors with a clearer examination of its value”, said Chris Frostad, CEO of Minera Alamos. “Once the PEA is released, we will move quickly to upgrade the study to a pre-feasibility level of compliance for release in Q2 of next year”.

Equivalent gold production of 4,351 ounces in period ended October 31, 2016 compared to production of 5,195 ounces in period ended October 31, 2015, a decrease of 16%, and 4,206 ounces in the prior quarter ended July 31, 2016, an increase of 3%;…

SilverCrest Metals Inc. is pleased to announce that, in connection with its completed offering of 4,550,000 units of the Company at a price of C$2.20 per Unit for gross proceeds of C$10,010,000 on December 6, 2016, the over-allotment option granted to National Bank Financial Inc., PI Financial Corp. and Canaccord Genuity Corp., as underwriters, to purchase up to an additional 682,500 Units at the Issue Price was exercised in full for additional aggregate gross proceeds of C$1,501,500.

SilverCrest Metals Inc. is pleased to announce that N. Eric Fier, President of the Company has returned from his partial leave of absence due to medical reasons and will resume his full-time duties as Chief Executive Officer, effective January 1, 2017.

Texas-headquartered driller Layne Christensen says its minerals business delivered positive earnings and generated improved results in Brazil, Mexico and the western US, as it posted a US$5 million net loss and 11.3% lower revenues, year-on-year, for the three months to October 31.