Evrim Resources Corp. is pleased to announce key changes to the Company’s executive team and the appointment of Mr. Howard Davies as Chief Operating Officer and Vice President of Exploration. Mr. Davies will take a lead role in driving Evrim’s exploration strategy and supporting business development activities.
Further to its news releases of May 14, 2014, and June 19, 2014, Garibaldi Resources Corp. is pleased to report that several additional diamond drill holes have confirmed the discovery of a shallow, high-grade mineralized system with apparent open-pit potential at the Company’s Silver Eagle target (Rodadero North Project) in central Sonora State, Mexico. A second stage of drilling is starting immediately with SE-14-07 and will continue through the Mexican rainy season.
BIG NORTH GRAPHITE CORP. is pleased to announce that two arm’s length parties have acquired an aggregate of 4,174,246 common shares in the capital of the Company pursuant to the conversion of the principal and accrued interest of unsecured convertible notes issued in January, 2014.
El Gobierno de Perú aprobó el plan ambiental de un proyecto clave de Southern Copper, filial de Grupo México, de 1,400 millones de dólares, luego de que la empresa despejó las dudas de los reguladores y las comunidades, informó Guillermo Shinno, viceministro de Minas de Perú.
United States Antimony Corporation has placed 2,453,288 shares at $1.40 with institutional and accredited private investors to raise gross proceeds of $3,434,603. Initial funds are being used to increase Mexican smelting capacity by 50% to process a large inventory of smelter feed in Mexico. Thereafter, funds will be used to further increase smelter production several fold, increase Mexican mine production, resume mining the Los Juarez silver-antimony-gold property, and complete the installation of the 500 ton per day mill.
Monarchy Resources, Inc. is pleased to announce that New World Metals is in the final stages of completing construction of its mill. The mill is located 15 kilometers outside of Parral, Mexico, and will be used to process ore currently stockpiled and being mined at the Morelos, La Luna and Peneto mines. The mill will have the capacity to process 20 tons a day and produce gold and silver concentrate through a single-stage flotation circuit process. New World has signed an LOI with a reputable commodities broker for the sale of its concentrate and anticipates sending its first shipment of gold and silver concentrate by late August 2014. New World continues to develop its underground operations at each of its three operating mines.
Almaden Minerals Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement by the issuance of 4,000,000 units at $1.50 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant. Each Warrant allows the holder to purchase one common share of the Company at a price of $2.00 per share until August 1, 2015. A finder’s fee of $107,400 in cash and finder’s warrants to purchase up to 48,000 common shares at a price of $1.50 per common share until August 1, 2015 was paid to Secutor Capital Management Corporation on a portion of the placement.
Sierra Metals Inc. is pleased to report a positive development in the Polo y Ron Minerals legal process. A Federal Court in the State of Chihuahua has ordered that Sierra is entitled to receive proper notice of the adverse resolution previously issued by the State Court of Chihuahua as disclosed in the Company’s press release on March 16, 2013.
Vista Gold Corp. today announced its unaudited financial results and highlights for the second quarter ended June 30, 2014. The Company’s unaudited financial statements, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.
Mercator Minerals Ltd announces, further to the Company’s July 15, 2014 press release, that given that the Company and Intergeo MMC Ltd have not agreed to extend the completion deadline in connection with the proposed business combination between Mercator and Intergeo announced on December 12, 2013 beyond August 1, 2014, the arrangement agreement has been terminated in accordance with its terms. As such, the proposed business combination will no longer proceed.
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