Carlyle Commodities Corp. would like to announce and welcome Mr. Inar Kamaletdinov as its new Chief Financial Officer. Mr. Kamaletdinov is a Chartered Professional Accountant with over 9 years of finance experience.
Greg Bronson, P.Geo., President of Benjamin Hill Mining Corp. states: “The work completed to date has revealed the extensive nature of mineralization on the property. Results of our exploration program reinforces our model of an epithermal copper-gold endowed system that could extend into a Cu-Au porphyry system at depth. Our systematic approach for exploring the property has paid off and the positive results we have received bode very well for the next phase of exploration which is diamond drilling. With drill ready targets in hand, BHM geologists are preparing to return to the field and kick off the inaugural drill program on this never drilled before property.”
Bacanora Lithium plc, a lithium development company, provides an update on the litigation with the Estate of Colin Orr-Ewing in regard to its challenge to the validity of the lithium royalty over the Sonora Lithium Project.
“The publication of the initial resource estimates at the Plomosas Project is the result of a systematic collection of geological information, data review and analysis in a 3D model. This has also allowed for multiple discoveries of high-grade silver and gold mineralization outside of the main mineralized body and has encouraged the Company to continue drilling on multiple targets outside of the resource area.”
Mexus Gold US confirmed that the activated carbon system at its Santa Elena mine located in Caborca, MX is working as planned and is currently producing gold. Mexus is enlarging the heap leach pad and has purchased the liner and seaming equipment to complete the job.
Mr. Hawley continues: “From hitting a lower feeder 75 meters to the east and now hitting a sheeted vein structure with a true width of 150 meters certainly says something about the robust multi-phase plumbing system that is the driver of the Santa Maria mineralization.”
Nomad’s Chief Executive Officer, Vincent Metcalfe, commented: “Listing on the NYSE represents a significant milestone in the growth of the Company. The listing will materially increase Nomad’s exposure to a larger and more diverse group of institutional and retail investors as we continue to grow our portfolio of precious metals royalties and streams.”
Warren Rehn, President and Chief Executive Officer of the Company, commented, “We wish Bob all the best on his pending retirement from a distinguished nearly 40-year mining industry career as a finance and accounting professional, including 12 years with Golden Minerals.”
James McDonald, Kootenay’s President and CEO stated, “We believe the spin-out of the Canadian Assets will be very beneficial to shareholders. Among other benefits, it will unlock the value of the Canadian Assets by allowing it to be developed separately, by a skilled and experienced management team, and it will allow our shareholders to own shares in two companies.”
Aloro Mining Corp. is pleased to announce that Alamos Gold Inc. has informed Aloro that after a short break and evaluation it has resumed its reconnaissance drill exploration program on the Los Venados claims, Mulatos District, Sonora Mexico.
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