Lincoln Mining Corporation announces that further to the Company’s news release of September 14, 2012 reporting the arbitration of the Letter Agreement of March 31, 2011 with Elgin Mining Inc., Elgin and Lincoln have signed a full and final Settlement Agreement.
VVC Exploration Corporation is pleased to announce that, further to its news releases of April 12, 2013 and May 1, 2013, it is progressing in its due diligence investigations of Camex Mining Development Group Inc. The parties are in the process of negotiating the definitive agreements pursuant to which the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence.
Rare Earth Minerals has provided an update on the diamond drill programme underway at the El Sauz – Fleur lithium concessions in Northern Mexico, and under joint venture with Bacanora Minerals Ltd.
BACANORA MINERALS LTD. is pleased to provide an update on the diamond drill program that is underway at the El Sauz Fleur lithium concessions in Northern Mexico (as previously announced on May 22, 2013) and is being conducted in accordance with the Company’s previously announced joint venture with Rare Earth Minerals PLC. The first diamond drill hole on the Fleur Concession (ES-01) has been completed and the second hole on the Fleur Concession (ES-02) is in the process of being drilled. The program contemplates 2,500 m of drilling in 10 holes.
Minera Frisco confirmó ayer que su mina El Coronel, ubicada en Zacatecas, así como sus minas San Francisco del Oro, en Chihuahua, y María, en Sonora, suspendieron actividades.
Shares of Kootenay Silver (CVE:KTN) are rising after the silver explorer released drill results from the company’s flagship Promontorio silver project in Mexico, saying it found a high grade silver zone between the pit and the northeast zones.
Kootenay Silver Inc. is pleased to announce assay results from drill holes DH 141 to 188 as part of its Phase V drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico.
Further to its news release of October 22, 2012, Oroco Resource Corp. announces that it has received the decision of the Federal Seventh District Court of Mexico with regard to the joined amparo petitions of the Company and Avinadain Bautista, the party who opposed the registration by Mexico’s Public Registry of Mining of the Company’s interest in the Xochipala Concessions. The MX Amparo was a petition to set aside a Guerrero State Court auction in 2011 (the “Court Auction”) of a 50% interest in the Celia Gene and a 100% interest in the Celia Generosa concessions, which two mineral concessions comprise the Xochipala Concessions. The Court Auction had occurred under the mistaken assumption that the Comacho Interest remained a part of the estate of Carlos Camacho when, in fact, the Company had purchased the Camacho Interest from the Camacho estate in 2007.
El grupo Minera Frisco anunció que la mina El Coronel, en Zacatecas, mantiene suspendida su producción por una presunta disputa entre trabajadores sindicalizados, mientras que los empleados sindicalizados de las minas María y San Francisco del Oro, en Sonora y Chihuahua, respectivamente, iniciaron una huelga al no alcanzarse un acuerdo en la revisión de su contrato colectivo de trabajo.
Red Tiger Mining Inc. announces that it intends to carry out, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to, among other investors, insiders of the Company for gross proceeds of up to CAD$2,000,000 consisting of common shares of the Company at a price of CAD$0.18 per Share. The proceeds will be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.
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