Telson Resources Inc. is pleased to inform shareholders that the Campo Morado mill clean up and refurbishment is nearing completion with underground mining operations being ramped up utilizing two jumbo drills and additional haulage trucks that have mined and delivered approximately 25,000 tonnes to the coarse ore patio.
Southern Silver Exploration Corp. has closed the final tranche of its previously reported private placement by issuing 1,254,500 units at a price of $0.40 per unit for gross proceeds of $501,800.
Acquisition of the SDA Mill will transform Magellan into a production company and will be an exciting development for our shareholders, stated CEO Pierce Carson. Our strategy following the acquisition will be to resume processing operations, build production and increase cash flow.
Al menos cuatro personas sin vida fue el saldo de un incendio parcial en la mina La Encantada de la empresa First Majestic Silver Corp en el municipio de Ocamp, Coahuila.
Riversides President and CEO, John-Mark Staude, stated: We are pleased to see partner funded drilling commence at Clemente and look forward to the results and potential for new discoveries at the Project. Riverside is a Silver Viper shareholder and will receive additional cash and share payments if the option agreement progresses towards earn-in, with Riverside also retaining a 2% NSR on the Project.
We are extremely excited to begin exploration on a target-rich project that has never been drilled before. We have a great technical team in place and look forward to developing our understanding of the Clemente project through our maiden exploration program, said Steve Cope, CEO of Silver Viper.
United States Antimony Corporation reported plans to increase Mexican mine production at three of its four mines in the next 30 days. USAC production is in a “sold out condition” and additional raw material is needed for the USAC smelter at Madero, Coahuila, Mexico.
A cinco años de su creación, son ya 82 las compañías afiliadas al Clusmin, hemos avanzado mucho en un periodo muy corto de tiempo, el resultado se ve en estas juntas con la participación activa de todos, con el interés y la voluntad que se necesitan para que logremos lo que la minería requiere.
Defiance Silver Corp. is pleased to announce that, further to its news release of September 25, 2017, it has closed on the final tranche of its private placement of 890,000 Units at a price of $0.30 per Unit for gross proceeds of $267,000. These Units are subject to a four month hold period expiring January 30, 2018. In total, Defiance raised $1,725,000 under its private placement. The proceeds of the private placement will be used by Defiance to commence a drill program at the San Acacio Silver Deposit located in Zacatecas, Mexico as well as for working capital purposes.
MX Gold Corp. is pleased to is pleased to announce that the Company has closed a non-brokered private placement. The Private Placement is subject to TSX Venture Exchange approval. The Company completed the sale of 40 Million units at a purchase price of C$0.10 per unit for gross proceeds of C$4 Million.
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