Oroco Settles Sonoran Lawsuit

http://www.orocoresourcecorp.com/News-Releases/2015-12-15.html

VANCOUVER, British Columbia – (December 15, 2015) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company“) announces that it has received a Dismissal Order (the “Order”) with regard to the remaining claims by Sonoran Resources LLC. and SR Servicios Mineros, S.A. de C.V.’s (jointly, “Sonoran”) (see news releases of March 31, 2014 and April 28, 2015) against the Company and Minas de Oroco Resources, S.A. de C.V

Positive Metallurgical Testwork Results from Mesa de Plata

Click to access 151217-Positive-Metallurgical-Test-Results-from-Mesa-de-Plata.pdf

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to report that very encouraging results have been returned from preliminary metallurgical testwork on silver mineralisation from Mesa de Plata, part of the Alacrán Project located in the northern Mexican state of Sonora.

Evrim Closes Non-brokered Private Placement

http://www.newsfilecorp.com/release/18569/Evrim-Closes-Nonbrokered-Private-Placement#.VnM0UeTrvIU

Vancouver, British Columbia–(Newsfile Corp. – December 17, 2015) – Evrim Resources Corp. (TSXV: EVM) (“Evrim” or the “Company“) announces that it has closed the non-brokered private placement announced on November 18, 2015 (the “Private Placement“). The Company has issued 12,568,800 units for gross proceeds of $1,508,256. Each Unit consisted of one common share and one non-transferable share purchase warrant (a “Warrant“). Each Warrant is exercisable into one common share at a price $0.25 until December 16, 2020.

Chesapeake Gold Corp.: Metates Updated Pre-Feasibility Study to Be Released in Early Q1 2016

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/906-tsx-venture/ckg/14815-chesapeake-gold-corp-metates-updated-pre-feasibility-study-to-be-released-in-early-q1-2016.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 16, 2015) – Chesapeake Gold Corp. (“Chesapeake” or “Company”) (TSX VENTURE:CKG) wishes to report on the current status of the updated pre-feasibility study (“updated PFS”) on its 100% owned Metates project located in Durango State, Mexico. Chesapeake and M3 Engineering &Technology together with several industry leading international consultants have finished all of the engineering studies and are near completion of all capital and operating cost estimates related to the updated PFS. The Metates project hosts one of the largest undeveloped gold, silver and zinc reserves in the world not controlled by a major gold producer.

Sensor-based Sorters Enable Miners to Process Ore Faster

http://mineraalamos.com/getnewsattachment.php?id=236

Throughout history, miners have continually sought to improve the efficiency of extracting ore, and thankfully, today, advancements in computerized and automated-mining techniques are allowing the industry to keep pace with an ever-increasing demand for the world’s resources.  One of these advancements involves the increased reliance on sensor-based sorting machines  and while ore sorting is certainly not a new concept, these newer systems are now delivering impressive returns to many mining companies.

 

Arian Silver Corporation – Trading to Resume on AIM

http://www.baystreet.ca/articles/news-article.aspx

Arian Silver Corporation (the “Company”) announces further to its notification of 29 October 2015, trading in the Company’s shares is expected to resume on AIM at 8.00am today.

Further to the Company’s announcement on 27 November 2015 of the signing of a settlement deed (“Settlement Deed”) with Quintana AGQ Holding Co. LLC and its affiliates (together, “Quintana”), Quintana have waived their right to demand reimbursement of the US$650,000 paid to the Company in accordance with the terms of the Settlement Deed.

The Company has a net working capital of US$411k and the Directors expect this to sustain the Company to February 2016. The Company will need to raise additional funds for its projects in Mexico and for general working capital purposes; discussions are currently underway in this regard.

McEwen Mining New Financial Management Appointments

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/951-tsx/mux/14729-mcewen-mining-new-financial-management-appointments.html

TORONTO, Dec. 15, 2015 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce that Andrew Elinesky has been promoted to Senior Vice President & Chief Financial Officer, and Andrew Iaboni has been promoted to Vice President, Finance.

“I’m delighted to announce these two key appointments. Andrew Elinesky and Andrew Iaboni bring a great deal of knowledge and experience about our current and future operations, a strong work ethic, and technical financial expertise necessary for these demanding finance positions,” said Rob McEwen, Chairman and Chief Owner.