Major Drilling Announces Second Quarter Results, Net Cash Position Improves by $18 Million
Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2014, ended October 31, 2013.
Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2014, ended October 31, 2013.
Sierra Iron Ore Corporation is very pleased to announce that it has received the final local, state, and federal permits required to initiate production on the El Creston property. These permits include the Environmental Impact Statement from the Environmental Protection Authorities (SERMANAT) and the Change of Land Use permit.
First Majestic Silver Corp. is pleased to announce that the Company’s new 1,000 tonnes per day cyanidation circuit at its Del Toro Silver Mine in Zacatecas, Mexico began initial production of silver doré bars on November 20, 2013.
Primero Mining Corp. is pleased to announce results of recent drilling at both its San Dimas mine and its Cerro del Gallo development project in Mexico.
San Marco Resources Inc. is pleased to announce that additional drilling is planned at La Buena and likely to continue prior to the Christmas break with results expected in Q1 2014. San Marco is also pleased to announce the appointments of Mr. Andrew B. Carstensen as a Director and Sophie Taylor as Manager, Corporate Communications.
Candente Gold Corp. is pleased to report that it has received an expression of interest from Fideicomiso de Fomento Minero to provide financing to the Company of up to US$25,000,000 for exploration and test work on the Company’s recently acquired Tailings deposit at El Oro, Mexico.
Great Panther Silver Limited announces the completion of the updated mineral resourceestimates at the Company’s wholly-owned Guanajuato Mine Complex in Guanajuato, Mexico. This update does notaffect the San Ignacio Inferred resource estimate, which remains asreported in 2012.
Exeter Resource Corporation is pleased to announce an update of exploration activities at the La Buena property in northern Zacatecas state, Mexico. La Buena is an 8,500 hectare property, located 9 km north of Goldcorp’s Peñasquito mine. Since mid-September, initial diamond drilling and a recently completed gravity survey have built on previous work that outlined geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Peñasquito and Camino Rojo, have identified additional prospective drill targets.
San Marco Resources Inc. and, Exeter Resource Corp. continue to explore the Company’s 8,500 hectare La Buena property, located 9 km north of Goldcorp’s Penasquito mine in northern Zacatecas State, Mexico. Initial diamond drilling and a recently completed gravity survey builds on previous work that outline geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Penasquito and Camino Rojo, have identified additional prospective drill targets.
Agave Silver Corp. is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement for total proceeds (including proceeds from the first tranche of the Private Placement) of $1,030,000. The Private Placement was entirely subscribed by insiders, directors and officers of the Company.
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