Tag: Investor’s Corner

Fresnillo plc fue acreedora, por novena ocasión, al premio Ética y Valores entregado por la Confederación de Cámaras Industriales de los Estados Unidos Mexicanos (CONCACIM) en el marco de su 100 aniversario.

The proceeds from the private placement will be used for Oceanus’ El Tigre Property in Sonora, Mexico and for general working capital purposes. The private placement remains subject to final acceptance by the TSX Venture Exchange.

Mr. Anderson stated, “I am pleased to become the Chairman of Mexican Gold Corp and look forward to working with both Dr. Hering and Mr. Robertson to grow the Company. Mexican Gold will be advancing its Las Minas Project to the pre-Feasibility stage, while continuing to explore this gold rich project. In addition, the company may evaluate other quality acquisition and exploration opportunities. This strategic plan will optimize both shareholder value and growth.”

Alamos Gold Inc. is pleased to announce the appointment of Chris Rockingham as its Vice President, Exploration.

Prospero will allocate the proceeds of the private placement to drill testing the company’s Bermudez project in Chihuahua State, Mexico. Drilling began at Bermudez in late August and Prospero plans to complete a three-hole (approximately 1,500 metres) diamond drill program at Bermudez.

New Gold Inc. is pleased to announce the appointment of Anne Day as Vice President, Investor Relations of the Company, effective September 18, 2018.

IMPACT Silver Corp. announces the resignation of James O’Sullivan as Corporate Secretary and the appointment of Graeme Austin as the new Corporate Secretary of the Company.

Dunham Craig, President and CEO of ValOro, said “Combining ValOro with Defiance presents an opportunity to build a premier exploration company focused on Mexico, driven by an experienced management team and the opportunity to significantly enhance the long term growth potential of the Tepal gold-copper project. With a 2017 Preliminary Economic Assessment that produced positive economic results coupled with our 2017 and 2018 exploration work in preparation for a drill program to potentially expand the resource and test new targets, this transaction provides further value accretion by coupling our asset with the exploration potential at the San Acacio Silver deposit, further providing value accretion for ValOro and our shareholders.”

In Mexico, the company hopes to add 12 years of mine life at its El Gallo Complex in Sinaloa State through a proposed redevelopment program known as Project Fenix. It hopes to achieve that goal by combining mineralized sources from five locations that will be developed in two distinct process plant construction phases. Phase 1 would target the recovery of heap leach material using a conventional ball mill, grinding and hybrid-carbon-in-leach circuit.

Vangold Mining Corp. announces that, further to its news release dated December 19, 2017 announcing the acquisition of the San Carlos Property, Mexico, it will not be proceeding with the acquisition at this time and has withdrawn its submission to the TSX Venture Exchange. The Company has decided to put the San Carlos property acquisition on hold until further exploration and drilling is completed on the nearby El Pinguico Mine property to confirm an extension of mineralization from the El Pinguico property.