Catalyst Copper Announces Closing of Non-Brokered Private Placement

Catalyst Copper Corp. announces that further to its news release dated June 23, 2014, it has closed its non-brokered private placement of 20,000,000 units at a price of $0.07 per unit for gross proceeds of $1,400,000. Each unit consists of one common share and one full common share purchase warrant. Each whole common share purchase warrant will be exercisable at $0.10 per common share until July 21, 2019. The securities issued in connection with this private placement are subject to a four month statutory hold period expiring on November 22, 2014. Proceeds will be used for payment of costs of the study by JDS Energy and Mining Inc., existing payables including $1,200,000 of secured loans, and for general working capital.

Riverside Resources and Alliance Partner Hochschild Mining Discover High Grade Gold Zone and Continue Advancing Exploration at the Cajon Gold Project in Sonora, Mexico

Riverside Resources Inc. is pleased to announce results from the recent exploration program and upcoming plans at the Cajon Project in Sonora, Mexico. Riverside conducted an exploration program consisting of detailed rock sampling and structural, geologic, and short-wave infrared (SWIR) alteration mapping. This work has led to the discovery and initial delineation of gold-bearing vein zones similar to those found at the Herradura Mine (operated by Newmont-Fresnillo) located 147 km to the northwest and the San Francisco Mine (operated by Timmins Gold) located 60 km to the east. At Cajon, the initial target area of San Blas has been the primary focus so far with very promising results from rock samples taken to date. A total of 294 rock samples were collected, averaging 0.51 g/t gold (Au), including 20 samples with grades above 1 g/t Au and two samples of 37.9 and 19.11 g/t Au.

MAG Silver Reports Additional Silver-Copper and Pervasive Zinc Mineralization at Salamandra

MAG Silver Corp. announces assay results from its twelve hole, 6,500 metre Phase 2 drill program on the Salamandra Property in Durango, Mexico optioned from Canasil Resources Inc. Phase 2 drilling began in late February of 2014 and concluded in May. The Phase 1 assays were released in a press release dated March 17, 2014, and combined with Phase 2, MAG has now drilled 10,112 metres in 17 holes on the Salamandra property, complementing an initial 12 holes previously drilled by Canasil.

Soltoro Grants Options, Appoints Advisory Board Member and Retains Red Cloud Mining

Soltoro Ltd. has awarded 4,170,000 incentive stock options exercisable at $0.14 per common share to officers, directors and consultants of the Company. This grant of options is in compliance with the terms of the Company’s Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange. This grant of options was awarded after the close on July 18, 2014 and has expiry dates of July 18, 2017 and December 18, 2017.

Kootenay closes first tranche of non-brokered private placement of $1,633,000

Kootenay Silver Inc. is pleased to announce that, further to its press release dated June 20, 2014, it has received subscriptions for $1,984,050 under the non-brokered private placement of units and has today closed the initial tranche of the Private Placement totaling $1,633,050 and issued an aggregate of 5,443,500 Units at a purchase price of $0.30 per Unit. The Company anticipates closing the balance of the Private Placement shortly and will provide an update in due course.

Almaden Minerals Ltd. Announces Upto $6.0 Million Non-Brokered Private Placement

Almaden Minerals Ltd. announces that it is carrying out a non-brokered private placement of up to 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 will allow the holder to purchase one common share of the Company at a price of $2.00 per share for 12 months. A finder’s fee is to be paid on a portion of the placement of 5% in cash and 3% in finder’s warrants to purchase common shares of the Company at a price of $1.50 per common share for 12 months. The private placement, including payment of the finder’s fee, is subject to regulatory approval.

Gold Resource major shareholder Sells $112,324 in Stock

Gold Resource major shareholder Mining Plc Hochschild sold 22,646 shares of the stock on the open market in a transaction dated Monday, July 14th. The shares were sold at an average price of $4.96, for a total transaction of $112,324.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC

Tarsis Provides Update on Continuing Exploration at Yago Gold-Silver Project, Mexico

Tarsis Resources Ltd. is pleased to provide an update on its continued exploration at the Yago project located in Mexico. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment. The project hosts three significant centers of mineralization within a 15 by 15 km area. Tarsis follows the prospect generator business model and is carrying out this exploration to upgrade the project as part of its efforts to attract an option partner.

All News