New Resource Estimate and PEA Expected for Paramount Gold’s San Miguel Project in Mexico
Resource Estimate expected in July 2014 followed by PEA in August 2014
Resource Estimate expected in July 2014 followed by PEA in August 2014
Cyprium Mining Corporation announced today that it has commenced drilling on its Las Cristinas property located in Chihuahua State, Mexico. The drilling program which will be carried out in three phases totaling approximately 4,000 meters of drilling will focus on the North Mount and South Mount, a 550 meter long mineralized section located at the southern end of the property where copper production took place in the early 70s.
DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, Mexico, is reporting the production and delivery for sale of approximately 511 Oz. gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement). MinerasDyna is further reporting the final settlement of the prior sale of 239 Oz. gold at $1,311/Oz.
Primero Mining Corp. is pleased to announce that S&P Dow Jones Indices has added Primero to the S&P/TSX Composite Index as a result of the Quarterly S&P/TSX Composite Index Review, effective after the close of trading tomorrow, Friday, June 20, 2014.
Scorpio Mining Corporation today announced its development plans for the Cosalá District projects with NI 43-101 compliant resources, namely the El Cajón and San Rafael deposits, both located within trucking distance from its Nuestra Señora processing plant.
Further to its news release of May 14, 2014, Garibaldi Resources Corp. (the “Company” or “Garibaldi”) is pleased to provide this progress report as drilling continues at the Silver Eagle target, Rodadero North in central Sonora State, Mexico. A fourth hole is now under way to test the geometry and dimensions of a promising high-grade, near-surface structure. Pending additional assay results are eagerly anticipated and will be released as they become available.
American Consolidated Minerals Corp. announces it has closed Tranche 1 of its previously announced non-brokered private placement, raising $167,141.60 through the issuance of 3,342,832 Units at a price of $0.05 per Unit.
Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the Company has signed a Letter of Intent to acquire a high-grade copper property in Michoacán, Mexico. This copper property has been previously worked as a smaller scale artisan mine. Due to the prior mining and extensive exploration, management believes there is a sufficiently significant available copper resource at this location to warrant large-scale commercial production. Terms of the pending acquisition have not been disclosed at this time.
SilverCrest Mines provided Wednesday an update on the company’s new 3,000 tonnes per day milling facility that began commissioning last month, saying that continuous production at the rate of 3,000 tpd will be achieved by the start of August.
SilverCrest Mines Inc. is pleased to provide an update on the commissioning of the new 3,000 tonnes per day milling facility and processing plant and progress of underground development at its 100% owned Santa Elena Mine in Sonora, Mexico. The commissioning of the new mill commenced May 1st, 2014 and it is projected that continuous nameplate production of 3,000 tpd will be achieved by the start of August. Underground development continues with over 4,500 metres completed to date on ramping, ventilation and ore development. For additional information and to view photos and videos of the mill, the processing plant and the mine site, please visit the Company’s website at www.silvercrestmines.com.
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