Torex Reports Assay Results of Step Out Drilling Program at Media Luna

Torex Gold Resources Inc. is pleased to announce the results of its step out drilling program at its Media Luna deposit. The results of this program will be incorporated in an updated mineral resource estimate which will be the foundation for the Preliminary Economic Assessment expected to be completed in July of this year…

Premier Closes Non-Brokered Private Placement

PREMIER GOLD MINES LIMITED is pleased to announce that it has completed its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share for aggregate gross proceeds of $20 million, including a subscription by Goldcorp Inc. in the amount of $12.5 million…

Silver Bull Identifies New Massive Sulphide Mineralization Grading 690g/t Silver, 1% Copper, 4.8% Lead and 15.25% Zinc at the Sierra Mojada Project, Coahuila, Mexico

The new sulphide mineralization lies within a 1.4 kilometer long east-west trending chargeability anomaly identified in a “Gradient Array IP survey” completed by Zonge Engineering and Research Organization, Inc. in 2010. The chargeability highs are interpreted as representing “pods” of sulphide mineralization at depth and in places correspond to areas that have historically been mined for copper, lead, and zinc massive sulphide mineralization up to 10 meters thick…

Starcore Advances Funds to Cortez Gold

Starcore International Mines Ltd. has arranged a loan facility for Cortez Gold Corp. to enable Cortez to purchase the equipment required for Cortez to commence operations at its Altiplano gold and silver processing plant in Matehuala, Mexico.

Cortez Arranges Loan Financing

Cortez Gold Corp. has arranged a loan facility with Starcore International Mines Ltd. to purchase equipment required to commence operations at Cortez’s Altiplano gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver, S.A. de C.V.

Major Drilling President & CEO Francis McGuire to Retire; Board Appoints CFO Denis Larocque As Successor

Major Drilling Group International Inc. is today announcing the retirement of Francis McGuire as President and CEO of the Company, and the appointment of Denis Larocque, Chief Financial Officer, to that position. Mr. McGuire will remain in his current role until the transition immediately subsequent to the Company’s AGM in September, 2015, at which point Mr. Larocque will assume the duties of the office. The Board is also very pleased to announce that Mr. McGuire has agreed to remain on the Board of Directors, and to stand for re-election at the upcoming AGM.

Agave Silver Corp. Closes First Tranche of Private Placement and Provides Corporate Updates

The Company closed the first tranche of a non-brokered private placement of units of the Company previously announced on November 10, 2014 and December 2, 2014, at a price of $0.05 per Unit by issuing an aggregate of 5,000,000 Units for gross proceeds of $250,000. Each Unit is comprised of one common share of the Company and one common share purchase warrant, each Warrant entitling the holder thereof to purchase one additional common share of the Company at a price of $0.10 for a term of 24 months after the closing of the Private Placement…

IDM Mining Announces Investment by Delbrook Capital and Lake Shore Gold and Restructured Agreement With Lake Shore Gold

IDM Mining Ltd. is pleased to announce that Delbrook Capital Advisors Inc. and Lake Shore Gold Corp. have committed to invest a combined total of $1.4 million in Common Share Units and Flow-Through Units under the Private Placement previously announced by the Company on May 19, 2015. As a result of these major investments, IDM will increase the size of the Private Placement to raise aggregate gross proceeds of up to $2.5 million.

New Silver Discovery in Mexico Drawing Favorable Parallels to Other Major Producers

Kootenay Silver’s high-grade La Negra diatreme Silver Discovery is quickly proving to be a rare, near-surface grassroots discovery. Located within the Vancouver-based mining company’s Promontorio Property in Sonora, Mexico, the property represents a major near term opportunity for Kootenay Silver, Inc. The company owns 100% of the discovery, so it’s undoubtedly a relief for the company’s leadership and investors that it shows signs of evolving into potentially one of the richest near surface silver discoveries witnessed in Mexico in recent years…

All News