Vista Gold Corp. Provides Strategic Update And Announces Loan Extension
Vista Gold Corp. today provided an update of its Strategic Review and steps to improve corporate liquidity.
Vista Gold Corp. today provided an update of its Strategic Review and steps to improve corporate liquidity.
Mexus Gold US is a gold, silver and copper exploration company focused on projects in the Western United States and Northern Mexico. Mexus Gold US and its subsidiaries Mexus Enterprises S.A. de C.V. and Mexus Gold Mining S.A. de C.V. have several mining operations in Mexico. Mexican operations include the San Felix Mine; the Mexus-Atzek Mine, a joint venture agreement with Atzek Mineral S.A. de C.V.; the Julio Mine and other prospective areas awaiting additional exploration and evaluation. Mexus Gold Mining S.A. de C.V. and Mexus Enterprises S.A. de C.V. employ over 60 people and utilize third-party consultants and geologists to assess its mining exploration and operations for gold and other precious metal values. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates. For more information on Mexus Gold US, visit mexusgoldus.com.
Fortuna Silver Mines Inc. announced today that construction and commissioning of the processing plant’s expansion project to 1,800 tonnes per day at the San Jose Mine in Oaxaca, Mexico has been completed on-time and on-budget. The plant expansion capital expenditure was US$9 million and the mill is now operational at 1,800 tpd. Fortuna is on schedule to meet its annual production guidance of 4.5 million ounces of silver and 23,600 ounces of gold or 5.9 million ounces of Ag Eq* in 2013.
Torex Gold Resources Inc. is pleased to report that results of its new exploration drilling program intercepted high grade Au-Ag-Cu mineralization over significant widths, beyond the recently published Media Luna Inferred Resource. Highlighted intercepts in Media Luna, but outside of the resource area, include 12.96 g/t Au Eq. over 10.8m in borehole NWZML-05 and 10.26 g/t Au Eq. over 6.6m in borehole NWZML-01B. In Media Luna West, significant intercepts include 9.81 g/t Au Eq. over 4.8m in borehole MLW-22 and 4.40 g/t Au Eq. over 14.9m in borehole MLW-03A. In the La Fe area, approximately 2 km northwest of the Media Luna resource area, reconnaissance borehole SS-07 intercepted 3.96 g/t Au Eq. over 6.1m.
Southern Silver Exploration Corp. has closed the first tranche of its previously reported non-brokered private placement by issuing 6,830,150 units at a price of $0.02 per unit for gross proceeds of $136,603. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder’s warrants issued as finder’s fees, carry a legend restricting trading of the securities until January 14, 2014.
Gold Reserve Inc. is pleased to announce the closing of the second and finaltranche of its previously announced non-brokered private placement. In this tranche, the Company has issued an additional 250,000 units of securities of the Company at a price of US $3.00 per Unit for gross proceeds in the amount of US $750,000 to arms length subscribers. Each Unit comprises one Class A common share of the Company and one-half of one Common Share purchase warrant, with each Warrant exercisable by the holder until September 20, 2015 to acquire one Common Share at a price of US $4.00 per share. In total in the Private Placement, the Company has issued 1,750,000 Units for aggregate gross proceeds of US $5,250,000 to the Company. The proceeds are to be used by the Company for general working capital purposes.
McEwen Mining Inc. is pleased to announce that the Company has been included in the NYSE Arca Gold Miners Index, the preeminent index covering the gold mining industry, which is tracked by the Market Vectors Gold Miners Index ETF. The effective date of the inclusion is September 23, 2013. The Gold Miners Index is comprised of publicly traded companies focused on gold and silver mining around the world
El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 800,000 units of the Company at a price of 0.25 per Unit for aggregate cash proceeds of 200,000. Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of 0.38, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than 0.50, then at the Company’s discretion, it may, within10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.
Mundoro Capital Inc. is pleased to provide the results from its annual general and special meeting of shareholders held on September 17, 2013 in Vancouver, BC.
Bandera Gold Ltd. announced today a proposed non-brokered private placement of up to of 5,000,000 units of Bandera at a price of $0.05 per unit, for proceeds of up to $250,000. Each unit will consist of one common share and a half warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.05 per share for a period of two years from closing of the private placement.
Mexico Mining Center © 2021 / All Rights Reserved