Vista Gold Corp. announced the closing of its previously announced sale of the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group and RPG Structured Finance S.a r.l. for US$13 million.
Cayden Resources Inc. is pleased to announce the appointment of Rene Carrier to the Board of Directors and as Chair of its Audit Committee.
Fortuna Silver Mines Inc. announces that its October 17, 2013 news release entitled “Fortuna Silver increases San Jose silver reserves by 22% and silver inferred resources by 39%” contains typographical errors in the table providing the detail of Measured and Indicated Mineral Resource estimates for the San Jose Mine located in Oaxaca, Mexico. Accordingly, the table headed “Mineral Resources – Measured and Indicated” in the Release is retracted and the following substituted in its place:
The Company reports that its field crews have made a discovery on its 100% owned El Cobre property Sonora, Mexico. The new Sierra Target consists of hydrothermal breccias, with diatreme characteristics and occurs in Miocene volcanic units at an elevation of some 700 meters above, and further to the West of Westminster’s Montoso porphyry system currently being explored under option by Capstone Mining Corp. Seventeen hand samples were collected and assayed using various ore grade methods which determined an average grade of 4.8% copper, 101 g/t silver (400 g/t cutoff) and 4.4 g/t gold. The slabbed rock samples contained no obvious sulphides but were rich in barium and iron (hematite ranging from about 3% to 12% Fe). The accompanying table shows the highest contents of silver assayed 1,479 g/t (47.4 oz/t), gold 21.79 g/t (0.69 oz/t) and copper 10.2% with these values reported from 3 different samples. These breccias also appear to be rich in bismuth, mercury and tungsten and represent a new deposit type for the Company’s Sonora properties.
Investing in minerals-focused junior companies is not for everyone, and is often left to highly sophisticated investors and speculators; however, some investors include juniors in their portfolios for the sake of diversification.
Vale informs that its Board of Directors approved today the payment of the second installment of the 2013 minimum dividend of US$ 1.750 billion (R$ 3,785,075,000.00), and an additional dividend of US$ 500 million (R$ 1,081,450,000.00). Thus, the gross amount to be paid is US$ 2.250 billion (R$ 4,866,525,000.00), equivalent to US$ 0.436607084 (R$ 0.944337462) per outstanding common or preferred share.
Newstrike Capital Inc., a gold-silver focused explorer, targeting known and historic mining districts in Mexico, is pleased to report that the final report and interpretation was received from Geotech Ltd. of Aurora, Ontario for the ZTEM airborne geophysical survey flown over the Company’s Aurea Norte property (September 9, 2013).
El 7% del capital en circulación de Grupo México continúa congelado hasta que se resuelva el litigio.
Fortuna Silver Mines Inc. is pleased to announce updated Mineral Reserve and Mineral Resource estimates as of July 4, 2013 for the San Jose Mine located in Oaxaca, Mexico. Included in the update is an initial estimate of the Mineral Resources for the Trinidad North discovery.
Mexican precious metal miner Fresnillo PLC (FRES.LN) Thursday reported a decline in gold production for the quarter ended Sept. 30 as ore grades fell.
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