Month: October 2015

Vista Gold Corp. Warrants Expiring October 22, 2015

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1248-tsx/vgz/12792-vista-gold-corp-warrants-expiring-october-22-2015.html#.VijoJ-SFNMs

DENVER, Oct. 22, 2015 /CNW/ — Vista Gold Corp. (TSX: VGZ) (NYSE MKT: VGZ) (“Vista” or the “Corporation“) advises holders of its TSX listed share purchase warrants (TSX: VGZ.WT.U) (the “Warrants“) that all outstanding Warrants expire at 4:30 p.m. (Pacific time) on October 22, 2015.  At the expiry time, all unexercised Warrants will become void; holders will have no further rights under such Warrants; and the Warrants will be delisted from the TSX.

Vista is a well-funded gold project developer. Our principal asset is our flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 4.9% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.

Kootenay Reports Positive Results and High Recovery Rates from Preliminary Metallurgical Work Conducted on La Negra

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VANCOUVER, Oct. 22, 2015 /CNW/ – Kootenay Silver Inc. (TSX VENTURE: KTN.V) (“Kootenay”) is pleased to report that it has received positive results from preliminary metallurgy tests conducted on samples from the Company’s 100% owned La Negra silver discovery in Sonora, Mexico.  The purpose of the metallurgy program was to determine whether silver at La Negra is recoverable by commonly used extraction methods after crushing and grinding the material and to get an indication of what recovery rates might be expected.

New Zone of Strong Gold and Silver Identified at Mesa de Plata

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new zone of strong gold and silver mineralization identified at mesa de plata

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that multiple, strongly anomalous gold and silver assays have been returned from soil sampling to the east of the original Mesa de Plata silver discovery. Results include high gold and silver grades from a previously un-sampled area, as well as from within the area of recently announced high grade silver from rock chip sampling (refer ASX release 16 September 2015).

These results, with grades reporting as high as 2.44g/t Au & 104g/t Ag, indicate potential for this new zone to host significant silver and gold mineralisation within widespread outcropping vuggy silica similar to that which hosts the Mesa de Plata silver deposit.

Santacruz Silver Announces C$1.30 Million Non-Brokered Private Placement and Corporate Update

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VANCOUVER, Oct. 21, 2015 /CNW/ – Santacruz Silver Mining Ltd. (TSXV:SCZ) (“Santacruz Silver” or the “Company”) announces a non-brokered private placement (the “Private Placement”) of up to 10 million shares at a purchase price of $0.13 per share, for gross proceeds to the Company of up to $1,300,000.

The proceeds from the Private Placement are expected to be used by the Company for the purchase of new underground mining equipment, general working capital and corporate purposes. All shares issued will be subject to a four month hold period.

Santacruz is a Mexican focused silver company with a producing project (Rosario); two advanced-stage projects (San Felipe and Gavilanes) and an early-stage exploration project (El Gachi).

Great Panther Silver to Announce Third Quarter Consolidated Financial Results on November 4, 2015

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http://www.greatpanther.com/English/News/News-Details/2015/Great-Panther-Silver-to-Announce-Third-Quarter-Consolidated-Financial-Results-on-November-4-2015/default.aspx

VANCOUVER, Oct. 21, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE MKT: GPL) has scheduled the release of its third quarter 2015 financial results for Wednesday, November 4, 2015 after market close.

Great Panther Silver Limited is a primary silver mining and exploration company listed on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE MKT trading under the symbol GPL.  Great Panther’s current activities are focused on the mining of precious metals from its two wholly-owned mining operations in Mexico: the Guanajuato Mine Complex, which includes the San Ignacio satellite mine, and the Topia Mine in Durango.  The Company holds a two-year option agreement to acquire a 100% interest in the Coricancha Mine Complex in the central Andes of Peru and, through the acquisition of Cangold Limited, holds an option to acquire a 100% interest in the advanced stage Guadalupe de los Reyes Project in Mexico.

Down-Dip Extensión of Massive Sulfide Mineralization Confirmed at Tres Amigos

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down-dip extension of massive sulphide mineralization confirmed at tres amigos_chih

Consolidated Zinc Limited (ASX:CZL) is excited to announce another significant intersection of massive sulphides and wide zone of disseminated and veined base metal sulphides in the fourth drillhole, LV5DD007, completed down dip at the Tres Amigos zone  which is part of the high grade Plomosas Zinc Project.

 

 

 

Riverside Signs Option Agreement With Centerra Gold Inc. for Tajitos Gold Project in Sonora, Mexico

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http://www.canadianminingjournal.com/press-releases/story/?id=1003713971

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 20, 2015) –Riverside Resources Inc. (“Riverside” or the “Company”) (TSX VENTURE:RRI)(FRANKFURT:R99)(OTC PINK:RVSDF), is pleased to announce that it has entered into an Option Agreement (the “Agreement”) with Centerra Gold Inc. (“Centerra”), whereby Centerra can acquire a 70% interest in the Company’s Tajitos Project (the “Project”). In order to exercise the option, Centerra must incur $6,000,000 USD in aggregate exploration expenditures within approximately four (4) years of signing the Agreement (see table below). Riverside will act as the Project Manager and collect management fees until the earlier of December 31, 2017 or $2,000,000 in exploration expenditures have been completed, after which point Centerra may elect a different Project Manager if they so choose.

Santacruz Silver Reports Third Quarter 2015 Production Results

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VANCOUVER, Oct. 20, 2015 /CNW/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) is pleased to announce operating results from the Rosario Mine in San Luis Potosi, Mexico for the third quarter of 2015 (“Q3”).

Hecla Reports Third Quarter Production Results

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/12694-hecla-reports-third-quarter-production-results.html#.ViZkJeSFNMs

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) today announced preliminary production results¹ for the third quarter 2015.

  • Silver production of 2,591,546 ounces.
  • Gold production of 43,635 ounces.
  • Silver equivalent production of 8.7 million ounces.2
  • Zinc production of 17,435 tons and lead production of 9,123 tons.
  • Production decision made at San Sebastian project in Mexico and stripping on the Middle Vein has begun.
  • Year-end production expected to be at the high end of the previous estimate of 10.5-11.0 million ounces of silver and 185,000 ounces of gold. Gold production is now expected to be 59,000 ounces at Greens Creek and 126,000 ounces at Casa Berardi.