Levon Resources Ltd. announces today, with great sadness, that Ron Tremblay, President, CEO, and Director of Levon, has passed away after a brief illness.
GOLDCORP INC. announced today that it has consented to Newmont Mining Corporation paying a one-time special dividend to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019. Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.
Goldcorp expects that following a positive shareholder vote on the scheduled dates, Newmont could complete the acquisition of Goldcorp as of April 18, 2019.
Antonio Berlanga stated, As Director of La Negra Mine, I was responsible for increasing the mines processing rate by up to 37% by reducing the mill ore feed from a traditional -3/8 Inches to -1/8 Inches. As one can see from our Campo Morado test results, feeding smaller material to the SAG Mill increased the milling capacity up to 15%, showing clearly that by feeding a smaller size to the SAG mill it is possible to increase its grinding capacity…
Mexus Gold US announced that developments at its Santa Elena mine, located in Caborca MX, continue in a positive and productive manner. The jaw/cone crushing screen plant has been moved into place. Gary Borgus, Mexus electrician, is working on the necessary connections and setting up the control station to assure proper functioning of the crushing line. Mr. Borgus expects the system to be operational by April 1st. The system will include a 400ft conveyor system to carry the 3/4 minus material to the recently readied heap leach pad. The system includes a newly installed automated lime pH system.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: In past drilling, we have been able to hit important milestones drilling at the Tabasquena, with the discovery of a wider portion of the Tabasquena vein in the oxide zone, and the discovery of a cluster of epithermal veins. Our team is excited to test these two important targets. Considering we have a mine permit, and underground workings, plus that many streamers and royalty companies are in need of new projects to deploy their cash, makes the near surface drilling an important drill target. The deep drilling is very exciting as well. Our past drilling has shown we have a large epithermal vein cluster, mineralization of gold and silver, and that it is a long-lived system. Now comes the exciting part, drilling deeper to test for the boiling zone of the system.
The securities of Consolidated Zinc Limited will be placed in trading halt at the request of CZL, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 26 March 2019 or when the announcement is released to the market.
The Company advises that a local rancher with which CZL has a Land Use Agreement commenced legal proceedings against the Companys Mexican subsidiary that owns the Plomosas Mine, Minera Latin American Zinc S.A.P.I. de C.V. and Retec Guaru SA de CV to terminate the Agreement. The rancher has claimed MLAZ failed to provide notification of assignment the Agreement transferring from Retec to MLAZ and for failure to pay the land use rental charges.
I am particularly pleased for VVC to be able to share this Resource Estimate with investors. The 2019 Resource Estimate highlights the continued progress of the Company toward the stated goal of Pilot Mining. There are numerous additional steps necessary before pilot mining can occur to be covered in future news release, but this Resource Estimate, more than any other communication by the Company, will provide shareholders with an understanding of the significant potential of the Samalayuca Copper Property,VVC Chairman, Terrence Martell.
We are very excited to have a second access at the Mirador and that mine development finally intercepted this wide, high-grade vein, stated Mr. Jason Reid, President and CEO of Gold Resource . To cut a face with ruby silver grading close to a kilo over six meters is exciting. Feeding that ore now to the mill is even better. A small portion of our Oaxaca Mining Units 2019 silver production is targeted from the Mirador Mine; however, if these grades and vein widths remain for an extended period of time, the Mirador Mine could play a larger role in our 2019 production results.
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