TORONTO, ONTARIO–(Marketwired – Jan. 28, 2016) – All amounts are in United States dollars, unless otherwise stated.
Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2015 financial results before the start of trading on Thursday, March 24, 2016. Senior management will host a conference call at 12:00 pm ET on that day to discuss the results.
Intermediate sulfidation epithermal deposits are the most conspicuous mineralization style in the Mexican Altiplano, being widespread across this prolific region. Significant resources of several commodities are hosted in deposits of this affiliation, which is related to Tertiary volcanic-intrusive activity and is characterized by veins, stockworks and disseminations.
To date, thirty one intermediate sulphidation epithermal deposits in the Altiplano contain resources (all inclusive) for over 24.3 M oz Au, 3,544 M oz Ag, 957 M Lb Cu, 11,958 B Lb Pb and 24,271 B Lb Zn. Fresnillo (owned by Fresnillo Plc), has a mining history of more than 500 years, and the biggest resource in the region with over 2 M Oz Au, 982 M Oz Ag, 2,918 M Lb Pb, and 5,830 M Lb Zn at grades of 0.70 g/t Au, 328.53 g/t Ag, 1.42% Pb, and 2.85% Zn. Other significant deposits nearby Fresnillo and owned by the same company are Saucito, with over 2 M Oz Au, 563 M Oz Ag, 1,513 M Lb Pb, and 2,940 M Lb Zn at grades of 1.38 g/t Au, 359.12 g/t Ag, 1.41% Pb and 2.74 % Zn as well as the Juanicipio´s Fresnillo Plc-Mag Silver with over 810 K Oz Au, 205 M Oz Ag, 626 M Lb Pb, and 1,133 M Lb Zn at grades of 1.72 g/t Au, 433.90 g/t Ag, 1.94% Pb, and 3.50 % Zn. Two more deposits worth to mention of intermediate sulphidation affinity are Camino Rojo of Goldcorp with over 10.2 M Oz Au, 102 M Oz Ag, 439 M Lb Pb, and 1,539 M Lb Zn at grades of 0.81 g/t Au, 8.07 g/t Ag, 0.05% Pb, and 1.16% Zn and the Pitarrilla´s Silver Standard with over 739 M Oz Ag, 1,917 M Lb Pb and 4,384 M Lb Zn at grades of 81.37 g/t Ag, 0.31% Pb and 0.70% Zn.
In addition, several exploration programs carried out by different mining companies in the Altiplano have identifed plenty of intermediate sulphidation prospects and projects. Hopefully. more resources will be discovered in the next future to add them to this mining-friendly juridisccion of Mexico.
The table below shows tonnages, grades, as well as gold, silver, copper, lead, and zinc resources for each of these deposits.
México.- En la primera entrega del Impuesto a la Actividad Minera, San Luis Potosí recibió más de 73 millones 884 mil pesos, lo cual corresponde al 7.5 por ciento de las ganancias de las empresas mineras en el estado durante el 2014, declaró José Luis Ugalde Montes, titular de la Secretaría de Finanzas.
El funcionario mencionó que ya se llevó a cabo la repartición a los nueve municipios con actividad minera de la entidad potosina, por lo que en total fueron más de 46 millones 177 mil pesos para los municipios y el resto para el Estado, es decir, más de 27 millones 706 mil pesos.
http://www.baystreet.ca/articles/news-article.aspx
IRVING, TX–(Marketwired – Jan 28, 2016) – DynaResource, Inc. (OTCQB: DYNR) (“DynaUSA”, and “the Company”) is pleased to announce that Mineras de DynaResource S.A. de C.V. (“DynaMineras”), the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, México (“SJG”), is reporting the delivery for sale on January 25, 2016 of an approximate 300 Oz gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement).
http://www.fscwire.com/newsrelease/morro-bay-announces-change-auditor
Calgary, Alberta (FSCwire) – Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB; OTCQX: MRRBF) the Company announced today that its Board of Directors has approved a change of the Company’s auditors. At the request of the Company, Deloitte LLP (the Former Auditor) has resigned as auditor of the Company effective January 8, 2016. The Audit Committee and board of directors of the Company have appointed BDO Canada LLP as the successor auditor, effective January 27, 2016 (the Successor Auditor).
VANCOUVER, BC–(Marketwired – January 28, 2016) – Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) provides its production and cost guidance in 2016 for its three producing mines in Mexico: the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato State. Given the current lower precious metal prices, the Company plans to reduce silver production this year in order to achieve a substantially lower all-in sustaining cost of production and generate free cash flow.
http://www.baystreet.ca/articles/news-article.aspx
Arian Silver Corporation (“Arian” or the “Company”) is pleased to announce that the Company, in connection with Beaufort Securities, has placed 75 million units (“Units”) at 1 pence per Unit to raise £750,000 (the “Placing”). In addition, directors and employees of the Company have subscribed for 4,787,493 Units at 1 pence per Unit (the “Subscription”) to raise £47,875. The gross proceeds of the Placing and Subscription would therefore amount to £797,875 in aggregate.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 27, 2016) – IMPACT Silver Corp. (TSX VENTURE:IPT) (“IMPACT”) is pleased to report that it is celebrating 10 years of continuous production this month at the Royal Mines of Zacualpan Silver District and to announce record silver production in 2015.
IMPACT acquired the Royal Mines of Zacualpan Project in January 2006 as a very small and inefficient operation processing 142 tonnes per day and in need of significant capital investment and overhaul. Bringing new investment, talent and leadership to the operation, within its first year of operation IMPACT increased production to 187 tonnes per day and produced 465,673 silver ounces along with byproduct gold (237 ounces), lead (375 tonnes) and zinc (725 tonnes).
http://www.canadianminingjournal.com/press-releases/story/?id=1003753247
VANCOUVER, Jan. 26, 2016 /CNW/ – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has entered into a binding letter of intent (“LOI”) with Aptus Resources LLC (“Aptus”), where Aptus will acquire Goldgroup’s rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014.
COLORADO SPRINGS, CO–(Marketwired – Jan 27, 2016) – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for January 2016 payable on February 23, 2016 to shareholders of record as of February 11, 2016. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.