Global Copper Group Signs Letter of Intent With a Canadian Based Mining Company to Aquire a Mexican Mining Project

http://www.canadianminingjournal.com/press-releases/story/?id=1003715234

Global Copper Group Inc. (TSX VENTURE:ICU) (“Global”) is pleased to announce that it has signed a letter of intent (“LOI”) with a Canadian based mining Company pursuant to which the Company has received the right to assess all data available with respect to a copper mining project in Central Mexico as a result of which the Company will now commence it’s due diligence review in order to determine whether or not the project is of adequate merit to pursue to the stage of a definitive agreement. The review will take place under the direction of Dr. Andreas Rompel, FSAIMM.

Should Global proceed with the acquisition, the acquisition will be subject to financing and to TSX Venture Exchange approval.

Excellon Reports Third Quarter 2015 Production

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/506-tsx/exn/12836-excellon-reports-third-quarter-2015-production.html#.VipJ3-SFPIU

TORONTO, ON–(Marketwired – October 23, 2015) – Excellon Resources Inc. (TSX: EXN) (OTC: EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to announce third quarter 2015 production results from the Platosa Mine in Durango, Mexico.

Q3 2015 Production Highlights (Compared to Q3 2014)

  • Silver equivalent (“AgEq”) production of 419,583 oz (Q3 2014 – 455,150 AgEq oz)
  • Silver production of 241,872 oz (Q3 2014 – 216,379 oz)
  • Lead production of 1.3 million lb (Q3 2014 – 1.7 million lb)
  • Zinc production of 2.1 million lb (Q3 2014 – 2.7 million lb)

 

Cierran Mina de Naica, liquidan a 447 mineros .- Minería en Línea

http://mineriaenlinea.com/2015/10/cierran-mina-de-naica-liquidan-a-447-mineros/

México.- El día menos deseado y más mencionado por los trabajadores de la minera Maple, llegó la mañana de ayer, con la liquidación de los 447 empleados mineros, en una jornada maratónica de más de 12 horas, cerrando así el ciclo laboral más importante del seccional Naica, que fue la única y principal actividad económica de sus habitantes desde 1951, con los primeros lugares de extracción de oro y plomo en el país

Prospero announces private placement

http://www.marketwired.com/press-release/prospero-announces-private-placement-tsx-venture-psl-2066414.htm

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 22, 2015) – Prospero Silver Corp. (TSX VENTURE:PSL) (“Prospero” or the “Company”) is pleased to announce that it will undertake a non-brokered private placement of up to 4 million Units (the “Units”) at a price of $0.075 per Unit, for gross proceeds of up to $300,000 (the “Offering”). Each Unit will consist of one common share (a “Share”) of Prospero and one non-transferable share purchase warrant (a “Warrant”) exercisable for a term of 5 years. Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of $0.12 per Share.

El Castillo Update.- Argonaut Gold

http://www.argonautgold.com/news_events/index.php?&content_id=201

Toronto, Ontario – (October 22, 2015) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces that mining operations at the El Castillo mine in Durango, Mexico have been halted as the result of an illegal blockade.  The Company continues to operate the processing and leaching facility and to ensure that all environmental and safety commitments are met. At this time, metal production has not been impacted.