“We announced the agreement with Fortuna Mining in March and have spent the past six months incorporating the results from a recent airborne magnetic survey and extensive geochemistry and mapping into our past project databases and have designed an initial drill program to test three of the highly prospective targets for the project.”
First Majestic Silver Corp. announces that the Toronto Stock Exchange has accepted for filing First Majestic’s Notice of Intention to Make a Normal Course Issuer Bid to be transacted through the facilities of the TSX and/or through Canadian alternative trading systems.
“We are proud to receive this prestigious recognition which is a testament to our focus on operating a sustainable business model that can support growing returns to all of our stakeholders over the long-term,” said John A. McCluskey, President and Chief Executive Officer.
“In the DFS, the Company has opted for an underground bulk mine taking advantage of the large widths of mineralization within the deposit. We have been able to re-engineer a 2,000 tonne per day mine plan for at least 12 years of underground mining using the longitudinal sub-level long-hole mining method,” said Brad Langille, President and CEO.
Alamos Gold Inc. today announced the appointment of Tony Giardini to its Board of Directors. Additionally, Scott K. Parsons has been appointed Senior Vice President, Corporate Development and Investor Relations, and Khalid Elhaj has been appointed Vice President, Business Development and Investor Relations.
Heliostar CEO, Charles Funk, commented, “This financing is a significant advancement for Heliostar and our shareholders. These facilities demonstrate the power of production as we were able to secure debt financing at significantly more favourable rates than previously contemplated in the gold-linked letter of intent for Ana Paula.”
“We are proud to receive this prestigious recognition which is a testament to our focus on operating a sustainable business model that can support growing returns to all of our stakeholders over the long-term,” said John A. McCluskey, President and Chief Executive Officer.
Tim Warman, Fuerte’s CEO, commented: “We’ve now completed 20 holes in the Guadalupe vein as part of the current program, and have successfully defined at least three high-grade zones that appear amenable to underground mining, with these zones remaining open at depth. Drilling will now shift to the Los Ingleses vein system in the northeast part of the property (Figures 1 and 9), where some of the highest-grade surface samples have been found.”
GR Silver Mining Ltd. announces that it proposes to undertake a non-brokered private placement of up to 11 million units at a purchase price of $0.16 per Unit, to raise total gross proceeds of up to $1.76 million.
Starcore International Mines Ltd. is pleased to report that it has received approval from the Mexican environmental authority, the Direccion General de Impacto y Riesgo Ambiental (DGIRA) (General Deputy for Environmental Control), to extend the term for Starcore’s management of its dry stack tailings at the San Martin Mine in Queretaro, Mexico.
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