Focus Appoints Technical Advisor and New Director
December 18, 2013
Focus Ventures Ltd. is pleased to announce the following appointments to its Technical Advisory Board and Board of Directors.
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Focus Ventures Ltd. is pleased to announce the following appointments to its Technical Advisory Board and Board of Directors.
Mexus Gold Mining S.A. de C.V., a wholly owned subsidiary of Mexus Gold US, announced today that it has received the final Mexican Environmental Mining Permit for the Julio/Santa Elena project. The 30 year permit will allow the Company to mine and produce gold on its wholly owned property. The Company plans to establish three operations at the Julio/Santa Elena mine site.
Drilling extends the Cascada mineralised zone
Four drill holes completed (1,052m)
Significant amounts of copper sulphide mineralisation visually identified in all holes
High-grade strike length extended to over 140m and down dip to over 150m – remains open to the west and at depth
First assay results expected in early 2014
Copper porphyry potential still yet to be tested in this program
Gold Resource Corporation announces the expansion of its high-grade Switchback discovery intercepting multiple veins over a 68 meter wide interval. Step-out drilling includes 5.27 meters of 2.93 grams per tonne (0.09 oz/ton) gold, 0.89 meters of 16.95 grams per tonne (0.49 oz/ton) gold and 1.60 meters of 575 grams per tonne (16.79 oz/ton) silver. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Candente Gold Corp. is pleased to announce, subject to regulatory approval, that it has agreed to carry out a non-brokered private placement of approximately 10,000,000 common shares at a price of Cdn$0.05 per common share to raise gross proceeds of up to Cdn$500,000.
Santacruz Silver Mining Ltd. is pleased to announce the results of the maiden NI 43-101 Resource Estimate for its Gavilanes silver project located in San Dimas, Durango, Mexico. Based upon a 75 gram per tonne silver equivalent cut-off, the resources on three of seven known veins, Guadalupe, Descubridora and San Nicolas, as well as the El Hundido stockwork are as follows:
Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling.
Osisko Mining Corporation is pleased to announce that it has completed the final agreements with CPPIB Credit Investments Inc., a wholly-owned subsidiary of the CPPIB Investment Board, the Caisse de dépôt et placement du Québec and Ressources Québec, a subsidiary of Investissement Québec, to modify certain terms of its long-term debt facilities.
Gold Resource Corporation announces the on time completion of its El Aguila mill expansion. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
VVC Exploration Corporation announces having arranged a debt financing with Palos Merchant Fund LP. in the amount of $50,000 which bears interest at 15% per year and is secured by a Promissory Note and 5 million shares of the Company held by the Company’s subsidiary, Camex Mining Development Group Inc. Palos is a significant shareholder of VVC holding 32,706,922 shares of the Company.
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