Golden Minerals Reports Full Year 2018 Results
Golden Minerals Company has today announced financial results and a business summary for the full year ending December 31, 2018.
Golden Minerals Company has today announced financial results and a business summary for the full year ending December 31, 2018.

The undrilled Sarape Project is located in the Rio Sonora Valley, an emerging precious metals mining district that includes Silvercrests Las Chispas deposit, Premier Golds Mercedes Mine, and First Majestics Santa Elena Mine and Ermitaño deposit, commented Stewart Harris, VP of Technical Services. Drilling is planned to test the Sarape and Chiltepin veins; targets that have potential for significant gold-silver shoots beneath zones of favourable geochemistry.
One World Lithium Inc. announces that it will be amending the terms of 100,000 share purchase warrants previously issued pursuant to a Credit Facility that closed on February 28, 2017. The Warrants were originally exercisable by the holder at a price of $0.20 per common share in the capital of the Company for a period of two years from the date of issuance. The expiry date of these Warrants will be extended by twenty-four months. Following the extension of the term of the Warrants, each Warrant will entitle the holder thereof to acquire one Share at an issue price of $0.20 per Share on or before February 28, 2020. All other terms and conditions of the Warrants will remain the same.
Despite the challenges faced in 2018, our overall silver equivalent production increased in both the fourth quarter and for the full year. Operationally, 2018 was a year in which we successfully achieved our goal of completing Mill Circuit 4 and several drill programs on numerous areas of the Avino property, which successfully outlined longer term targets that warrant further investigation and drilling. stated David Wolfin, President and CEO.
Magna Gold Corp. is pleased to announce that further to its news released dated February 11, 2019, it has completed the first tranche of a non-brokered private placement of common shares at a price of CAD$0.32 per Common Share comprising the concurrent financing to the Corporations previously announced proposed qualifying transaction. The first tranche of the Concurrent Financing consisted of the sale of 7,758,184 Common Shares for gross proceeds of $2,482,619.
The Company will use the proceeds of the financing to fund a focused drill program at the Cecilia Gold Project, additional project acquisitions and further target refinement on existing projects to advance towards new partnerships. The Company may pay finders fees in cash or Units to qualified finders of up to 8.0% of the aggregate gross proceeds realized from subscribers identified by the finder. The closing of the private placement is subject to TSX-V approval.
Aliens Chairman Dennis Edmonds said, We are delighted to welcome Peter and Dan to the Board of Alien. Peters arrival as CEO has been orchestrated as we embark on delivering on our strategy of a) seeking to demonstrate and realise value within the Companys existing Mexican silver portfolio and b) acquiring projects which demonstrate significant development upside, in jurisdictions with established infrastructure and mining codes, where strong operational controls can be assured.
Minera Alamos Inc. is pleased to announce that it is undertaking a non-brokered private placement offering for aggregate proceeds of up to C$5 million.
Almadex Minerals Ltd. is pleased to provide an update on its exploration activities and results from a prospecting level diamond drilling program in one part of the Yago project (located in Nayarit State, Mexico) called Gallo de Oro where banded epithermal veins crop out at surface.
J. Duane Poliquin, Chairman of Azucar commented, We are very excited to be moving forward on our comprehensive two year intensive drill program at the El Cobre project. The results have shown the potential for multiple porphyry centres over a five kilometre strike. We look forward to reporting drill results as we move forward.
Mexico Mining Center © 2021 / All Rights Reserved