Goldgroup Mining Inc. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement financing. Pursuant to the second tranche, Goldgroup issued 1,922,112 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$384,422.
Scorpio Gold Corporation is pleased to announce its financial results for the second quarter ended June 30, 2014. This press release should be read in conjunction with the Company’s condensed consolidated interim financial statements for Q2 and Management Discussion & Analysis for the same period, available on the Company’s website atwww.scorpiogold.com and under the Company’s name on SEDAR atwww.sedar.com. All monetary amounts are expressed in US dollars unless otherwise specified.
Ante las multas económicas o arresto administrativo, las cuales considera como bajas, Gustavo Alanís, director del Centro Mexicano de Derecho Ambiental (CEMDA), señaló que la ley también contempla la clausura definitiva o revocación de concesiones a la minera Grupo México, debido a que el daño por el derrame en el Río Sonora es un daño el cual también afecta la vida de las personas.
Orex Minerals Inc. is pleased to announce that project partner Fresnillo PLC has confirmed that they have met the exploration expenditures of the First Investment Option stage and are proceeding directly to the Second Investment Option stage on the Coneto Gold-Silver Project in Durango, Mexico.
Lincoln Mining Corporation, announces it has entered into a Purchase Agreement (the “Agreement”) with Endeavour Silver Corp. to sell the La Bufa property for a total consideration of 90,000 common shares of Endeavour at an issue price per Payment Share equal to the volume weighted average price of the Purchaser’s shares for the ten trading days immediately preceding the Closing Date less that number of Payment Shares equal to the Prepayment Amount.
Endeavour Silver Corp. announces it has entered into an agreement with Lincoln Mining Corporation to purchase a 100% interest in the La Bufa exploration property located adjacent to Endeavour’s existing exploration properties in the Guadalupe y Calvo gold-silver district, Chihuahua, Mexico.
Rare Earth Minerals said Bacanora Minerals Ltd has issued an update on the Sonora Lithium Project. REM has an 11.90% shareholding in Bacanora, its JV partner in the Sonora Lithium Project in Mexico.
BACANORA MINERALS LTD. is pleased to announce that it has received $US1,000,000 from its joint venture partner, Rare Earth Minerals, PLC in connection with the exercise by REM of its second stage option in respect of Joint Venture #2 and provides an update on general exploration activities on the Sonora Lithium Project in northern Mexico.
Buenavista del Cobre, subsidiaria de la minera Grupo México, cuestionó las acciones legales que llevó a cabo la Procuraduría Federal de Protección al Ambiente (Profepa), por el derrame de soluciones de cobre en el Río Bacanuchi afluente del Río Sonora, en el estado de Sonora.
Azure Minerals Limited is pleased to report that it has completed its exploration drilling program at the Company’s 100%-owned Cascada deposit. Encouraging initial assay results have been received.
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