YAMANA GOLD INC. reports preliminary operational results for the fourth quarter and full year 2013, updates the Company’s outlook and provides a corporate update.
Oceanus Resources Corporation announces details of its 2014 exploration program for the La Lajita Gold Property in Mexico.
Oroco Resource (TSX-V:OCO, StockForum), a Vancouver-based mineral exploration firm engaged in the development of Mexican precious metal projects, announced today that the company received a favorable ruling from the Federal Tribunal of Mexico, granting the company’s appeal of the lower Federal District Court ruling in regards to Oroco’s Xochipala project.
Oroco Resource Corp. is pleased to announce that the Federal Tribunal of Mexico has granted the Company’s appeal of the decision of the lower Federal District Court and has ordered that all aspects of the 2011 Guerrero State Court auction of a 50% interest in the Celia Gene and a 100% interest in the Celia Generosa concessions be set aside. The decision of the Federal Tribunal confirms that the Company’s subsidiary, Minera Xochipala, S.A. de C.V., is the sole registered owner of 100% of each of the Celia Gene and Celia Generosa concessions and terminates the competing claim of Mr. Avinadain Bautista arising from the Court Auction of the Camacho Interest.
Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) announces the adoption by its Board of Directors of an Advance Notice Policy in respect of the election of directors.
Company-Wide Production Increasing by up to 25%
Excalibur Resources Ltd. provides an update on theprogress at its 49% (60% pending completion of deal with MineraApolo) owned subsidiary Minera Catanava de C.V. The concentratetesting work, including assay results from a commercial lab, hasshown that we can produce a very good grade concentrate of between300 and 500 grams of gold per ton and around 1 to 2 kilograms silverper ton. Two samples of 400 grams of concentrates were sent for fireanalysis and plasma induction of 33 elements which were assayed atERSA Global Labs of Torreon, Coahuila, Mexico. The silver, as well asthe gold recuperation, will increase when flotation cells areinstalled which is planned for later this year. “Given theanticipated amount and logistics of producing concentrates, it ispreferable to pour dore, so a large tilt and pour dore furnace hasbeen ordered,” commented, Dr. Don McLeroy.
GoGold Resources Inc. is pleased to announce that it has received US$15 million from Orion Mine Finance representing the second advance under the credit agreement dated September 27, 2013. Further details about the debt financing arrangement with Orion Mine Finance is contained in GoGold’s news releases dated July 12, September 18 and September 30, 2013, which are available on SEDAR at www.sedar.com.
Camino Minerals Corporation announces that Peter de Visser, Camino’s current Chief Financial Officer, has resigned and that Alexander Cheong, C.A., has been appointed as the Company’s new Chief Financial Officer.
Minaurum Gold Inc. announces that it has arranged to settle the outstanding debt owed to Minera Mariposa S.A. de C.V. pertaining to un-incurred expenditures on the Jackie and El Porfido properties by issuing an aggregate of 150,000 common shares at a deemed price of $0.533 per common share. The amount of indebtedness to be settled by this arrangement totals US$80,000.
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