Westminster Resources Ltd. advises that the 2014 exploration program on the Cumbral-San Bartolo Project, Sonora, Mexico has commenced. The first drill hole was collared onMarch 13, 2014 and core drilling is proceeding.
GREAT PANTHER SILVER LIMITED announces that the Company has resumed full operation of the mine and plant facilities at its Guanajuato Mine Complex in Mexico.
Vancouver, B.C. MAG Silver Corp. is pleased to announce assay results from its five hole, 3,500 metre Phase 1 drill program on the Salamandra Property in Durango, Mexico optioned from Canasil Resources Inc. Drilling began in November, 2013 and in February, 2014 an additional 500 metres of drilling was added; this release covers the entire 3,500 metre initial program.
Santacruz Silver Mining Ltd. is pleased to announce that Canaccord Genuity Corp. and Raymond James Ltd., the underwriters of the Company’s recently closed common share offering have provided notice of exercise of their over-allotment option to purchase an additional 1,312,500 common shares of the Company at a price of $1.00 per share for total gross proceeds of $1,312,500. The closing of the exercise of the over-allotment option is scheduled to take place on Thursday, March 20, 2014.
Fortuna Silver Mines Inc. today reported revenue of $137.4 million, cash generated from operations, before changes in working capital, of $40.9 million, a net loss of $19.1 million in 2013, and adjusted net income of $9.4 million. The net loss includes a one-time non-cash tax provision of $7.7 million related to the initial recognition of the Mexican mining tax reform, and a non-cash impairment charge of $20.4 million, net of tax, related to the impact of declining silver prices on the carrying value of the Caylloma mine in Peru.
NWM Mining Corporation is pleased to announce today that subsequent to its news release dated November 7, 2013, it has filed an updated National Instrument 43-101 Technical Report on SEDAR (www.sedar.com) for its Lluvia de Oro Project in Sonora, Mexico.
Galore Resources Inc. is pleased to announce the completion of a 1,000 line-kilometre (625 line-mile) Helicopter Airborne Gravity Gradiometer and High Sensitivity Magnetic Survey over approximately 10,000 hectares (24,700 acres) of the Dos Santos Property in northern Zacatecas State. The survey is the first phase of a two phase exploration program to cover areas of the property underlain by rocks of the same age as those that host gold-silver-zinc-lead deposits in the district at the Penasquito mine and the Camino Rojo property. Penasquito is Goldcorp’s world-class gold-silver producer and Mexico’s largest mine. Galore’s previous drill program at La Palma intersected encouraging geology in all twelve holes, including mineralization in three holes with metal ratios similar to the Penasquito deposit. Airborne gravity was chosen for its capability of detecting explosive diatreme intrusions like those hosting mineralization at the Penasquito mine.
Big North Graphite Corp. announces that, further to its news releases of January 10, February 24 and March 13, 2014, the Company has closed on a total of 13,333,333 units at $0.06 per Unit for aggregate gross proceeds of $800,000. The final tranche closed on March 13, 2014 and consisted of 8,275,001 Units for gross proceeds of $496,500.
Great Panther Silver Limited announces that the Company has regained possession of its administration building and plant facility at its Guanajuato Mine Complex.
La explotación de minas de oro en Tetela de Ocampo, al norte del estado, que busca realizar la empresa Frisco, propiedad del empresario Carlos Slim Helú, estarán condicionadas a la decisión de los habitantes, quienes hasta ahora se oponen, advierte la delegada de la Secretaría del Medio Ambiente y Recursos Naturales (Semarnat), Daniela Migoya Mastretta.
Mexico Mining Center © 2021 / All Rights Reserved
