“Given the ongoing challenges and lack of interest in the resource sector, we think it is prudent to diversify and make an investment in the burgeoning healthcare sector, where we see an opportunity for organic growth through enhanced marketing and consolidation,” commented Tim Gallagher, Chairman and CEO of Excalibur.
Endeavour Silver Corp. announces that the 1,000 tonne per day ball mill at the 1,600 tpd Bolañitos mine was repaired earlier than expected and plant operations returned to normal last Friday, June 12. No material impact on production is anticipated from the mill downtime as the mine continued to produce ore to the stockpile.
Kootenay Silver Inc. is pleased to announce results from its expanded ground exploration program on its Promontorio La Negra Diatreme silver discovery in Sonora, Mexico. Results from the ongoing sampling and mapping program immediately around a 2-3 km radius of the La Negra Breccia drill discovery has led to the recognition of a 4+ km belt of highly anomalous gold-copper-silver mineralization, now named, the Cameron-Vania trend.
BIG NORTH GRAPHITE CORP. announces the Company has cancelled the private placement originally announced on May 14, 2015 due to unfavourable market conditions. Future plans will be announced as they are finalized.
Prospero Silver Corp. is pleased to announce that the previously disclosed proposed consolidation of the common shares of the Company on the basis of five pre-consolidation shares for one post-consolidation share will take effect, subject to final acceptance by the TSX Venture Exchange, on or about June 15, 2015 under new CUSIP number 743624207. There will be no name change or trading symbol change in conjunction with the Consolidation.
Alamos Gold Inc. and AuRico Gold Inc. today announced the withdrawal of the proposed AuRico Metals Inc. employee share purchase plan that was to be presented at their respective Special Meetings of Shareholders to be held on June 24, 2015…
Marlin Gold Mining Ltd. has been integrating its Arizona properties acquired after the closing of the Commonwealth Silver and Gold Inc. acquisition on May 21, 2015. After further review of the geological database, Management believes that Commonwealth represents a second district-scale land package in addition to our 118,000 hectare land package in Sinaloa, Mexico surrounding our operating La Trinidad gold mine. The addition of Commonwealth allows Marlin to continue building a diversified precious metal mining company.
Golden Tag Resources Ltd. is pleased to report, as per the Company’s May 28th, 2015 news release, that it has filed an amended Technical Report on the Updated Resource Estimate for the San Diego Deposit undertaken in 2013. A summary of the Resource Estimate is presented in Table 1. The Resource estimate and conclusions of the report have not changed from the original report or news releases on February 26, 2013; March 4, 2013 and April 23, 2013…
Torex Gold Resources Inc. announces that as a result of comments received from independent proxy advisory agencies, it has made amendments to its stock option plan and restricted share unit plan in order to continue to align the Company with leading governance practices. The Amendments will be submitted to shareholders for ratification, confirmation and approval at the annual and special meeting scheduled for June 23, 2015.
BACANORA MINERALS LTD., the Canadian and London listed lithium and borates development company focused on Mexico, held the annual and special meeting of its shareholders today in Calgary, Alberta. In total, an aggregate of 60,082,307 common shares, representing approximately 71.06 per cent of Bacanora’s outstanding shares, were represented in person or by proxy at the meeting.
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