https://www.otcmarkets.com/stock/LMCNF/news?id=169868
VANCOUVER, Sept. 15, 2017 /CNW/ – Leagold Mining Corporation (TSX:LMC) (OTCQX:LMCNF) (“Leagold” or the “Company”) is pleased to announce that, effective September 15, 2017, the Company’s common shares will commence trading on the OTCQX® Best Market in the United States, under the symbol “LMCNF”. Leagold’s common shares will continue to trade on the Toronto Stock Exchange under the symbol “LMC”.
Click to access nr-2017-09-15.pdf
Mexican Gold Corp. (“Mexican Gold” or the “Company”) (TSX-V: MEX / OTCMKTS: SRXLF / FRA: 4QW1) is pleased to announce the filing of an independent technical report (the “Technical Report”) entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Las Minas Gold-Copper Project, Veracruz State, Mexico”. The Technical Report, which is dated September 13, 2017 with an effective date of July 31, 2017, was prepared by John T Boyd Company, Mining and Geological Consultants
(“Boyd”), and supports the disclosure contained in the Company’s news release issued on August 1, 2017. The independent qualified persons for the Technical Report include Messrs. John Read, CPG, and Sam Shoemaker, Registered Member SME. A copy of the Technical Report is available under the Company’s profile on SEDAR.
Mazatlán, México, September 15, 2017 (Newswire.com) –DynaResource de México SA de C.V. (“DynaMéxico”), the 100% owner of the San José de Gracia High Grade Gold Project in northern Sinaloa México announces that on August 24, 2017, a Federal Amparo Judge (“Juzgado de Distrito”) in the State of Veracruz, Mexico dismissed Goldgroup Resources Inc.’s Amparo Trial challenge to the $48 million USD damages award previously granted in favor of DynaMéxico. Pursuant to the ruling issued by the Federal Amparo Judge, the $48 M damages award – previously granted to DynaMéxico by the Thirty-Sixth Civil Court of the Superior Court of Justice of the Federal District of Mexico on October 5, 2015 – was effectively confirmed.
In the Federal Amparo Court, Goldgroup Resources Inc. (“Goldgroup”) claimed that it was unaware of the Superior Court legal action which ultimately resulted in the $48 million damages award to DynaMéxico. Goldgroup further claimed that this lack of knowledge was the reason for its having missed the deadline for filing an Amparo Trial challenge to the $48 million damages award.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 15, 2017) – Defiance Silver Corp. (“Defiance” or “Company”) (TSX VENTURE:DEF) (OTC:DNCVF), an emerging silver explorer currently advancing the San Acacio Silver Deposit in Zacatecas, Mexico, is pleased to announce that it is closing on a first tranche of $1,254,000 of a non-brokered private placement consisting of up to 7,000,000 units at a price of $0.30 per unit for gross proceeds of up to $2,100,000 (the “Offering”). Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire an additional common share of Defiance for a period of twenty-four (24) months at an exercise price of $0.45. The securities issued under the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The warrants are subject to an acceleration clause such that if the closing price of the Company’s shares on the TSX Venture Exchange is at or above $0.65 per share for a period of ten consecutive trading days during the term of the warrants, the Company may accelerate the expiry date of the Warrants to not less than 30 days following the date of notice.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:SSV-2506341&symbol=SSV®ion=C
Vancouver, British Columbia–(Newsfile Corp. – September 15, 2017) – Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (“Southern”) reported today that the Company has received approval from the TSX Venture Exchange to extend the final closing date of its previously announced brokered private placement (the “Offering”) until September 29th, 2017. The private placement is comprised of a brokered and non-brokered component. Gravitas Securities Inc. is acting as lead agent of the brokered portion of the private placement.
As announced on August 31st, 2017, the Company has closed a second tranche of the Offering by issuing 1,170,000 units (“Units”) for a total of $468,000. In total, the Company has now closed two tranches for total gross proceeds of $3,017,000.
Click to access AMZ_News_09-14-17.pdf
VANCOUVER, BC–(Marketwired – September 14, 2017) – Almadex Minerals Limited (“Almadex” or the “Company”) (TSX VENTURE: AMZ) (OTCQX: AXDDF) is pleased to announce it has received assay results from hole EC-17-033 of the 2017 Norte drilling program. EC-17-033 was drilled to test for the continuity of mineralisation within the area of defined mineralisation, between previous holes EC-17-017 and 026, and helps define and confirm mineralisation in this area. Highlights include the following intercepts all of which are also shown on the attached plan and section:
| Hole EC-17-033 NORTE ZONE, 315 Az, -70 dip | |
| From 240.00 to 513.50, 273.50 meters @ 0.59 g/t gold and 0.21% copper (0.88 g/t AuEq; 0.64% CuEq) | |
| Including 244.00 to 450.70, 206.70 meters @ 0.74 g/t gold and 0.26% copper (1.10 g/t AuEq; 0.80% CuEq) And 246.00 to 397.00, 151.00 meters @ 0.88 g/t gold and 0.30% copper (1.30 g/t AuEq; 0.95% CuEq) |
|
| 1 Gold equivalent (“AuEq”) and copper equivalent (“CuEq”) values are calculated assuming 100% recoveries and prices of US$1,250/oz gold and US$2.50/lb copper. | ||
J. Duane Poliquin, Chairman of Almadex commented, “We are pleased to once again demonstrate continuity in this part of the defined mineralised envelope. The Norte Zone is one of several defined porphyry targets on the property which we plan to aggressively explore and, in the case of Norte, drill in detail with the goal of defining a resource.”
El fisco mexicano y empresas mineras de Canadá sostienen una mesa de diálogo para resolver el caso de 360 millones de dólares (mdd) retenidos en devoluciones de impuestos a seis mineras canadienses que operan en México.
José Antonio Meade, secretario de Hacienda en México y Bill Morneau, ministro de Finanzas en Canadá, señalaron en conferencia de prensa conjunta, que la situación se resuelve a través del diálogo y a partir del marco jurídico, con el objetivo de que el caso no tenga repercusiones en las inversiones canadienses en territorio mexicano.
“Hay una mesa de diálogo de cada empresa con el Servicio de Administración Tributaria (SAT). Como cualquier otro contribuyente se brinda atención, hay un análisis para ir resolviendo diferencias dentro del marco jurídico”, dijo Meade.
http://www.silvercrestmetals.com/news/index.php?content_id=323
VANCOUVER, BC – September 14, 2017 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce additional Phase II drill results for the Las Chispas Property (the “Property”) located in Sonora, Mexico. These additional drill results indicate expansion of high-grade silver-gold mineralization for the Babicanora Vein (see attached Figures) from previously announced results. The Company is currently exploring seven of the 19 known epithermal veins on the Property, including the Las Chispas, Giovanni, William Tell, Varela, La Blanquita, Granaditas, and Babicanora veins. Additional Phase II drill results are anticipated over the next several months, including potential further expansion of the Babicanora Vein.
http://www.levon.com/s/news-releases.asp?ReportID=802781
Levon Resources Ltd. (“Levon” or “the Company”) (TSX Symbol: LVN; OTCQX: LVNVF) Levon is pleased to announce the completion of the core drilling campaign at the Cordero Ag, Zn, Pb, Au discovery, 35 km north of Hidalgo Del Parral, Chihuahua, Mexico, previously announced by the Company on May 15, 2017. Complete hole assays are pending and will be reported when the assays are received. A total of 5,655m of core in 18 infill core holes were drilled within the central part of the 2014 Cordero resource (the “Resource”) (news release of May 15, 2017).
The 2017 holes were drilled to test for near surface, higher gold grades within multiple rhyolite intrusives that make up the volcanic Cordero Felsic Dome Complex, and higher grade mineralization in contact breccia bodies that could improve a starter open pit configuration in the southwest part of the Resource.
A starter pit scenario is being designed and evaluated by Independent Mining Consultants (IMC) of Tucson, Arizona. The modeled pit and 2017 drilling is centered in the southwest third of the Resource, and includes higher grade Ag, Zn, Pb and a by-product Au zone within the Pozo de Plata Diatreme.
HALIFAX, NOVA SCOTIA – September 13, 2017 – Oceanus Resources Corporation (TSXV:OCN and OTCQB:OCNSF) (“Oceanus” or the “Company”) announces an independent Mineral Resource Estimate for the El Tigre Property completed by P&E Mining Consultants Inc. (“P&E”) which is detailed in Table 1 below. The El Tigre Property, located in Sonora, Mexico, is owned and operated by Oceanus Resources, and includes the El Tigre1, Fundadora2 and El Tigre Tailings3 Deposits.
Mineral Resource Estimate
The El Tigre Mineral Resource Estimate includes extensions of the historical El Tigre and Seitz Kelly Veins1, as well as the mineralized breccia halo around the El Tigre Vein. The Fundadora Mineral Resource Estimate includes the Aquila, Fundadora, Protectora and Caleigh Veins2.
TABLE 1: El Tigre Project Mineral Resource Estimate (1-11)
| Resource Area | Class | AuEq g/t Cut-Off |
Tonnes |
Ag g/t |
Ag ozs (000’s) |
Au g/t |
Au ozs (000’s) |
Au Eq g/t |
AuEq ozs |
| El Tigre Constrained Pit1 |
Indicated | 0.20 | 25,170 | 15 | 11,906 | 0.51 | 416 | 0.69 | 559 |
| Inferred | 0.20 | 2,791 | 12 | 1,093 | 0.38 | 34 | 0.52 | 47 | |
| El Tigre Underground1 |
Indicated | 1.50 | 207 | 156 | 1,041 | 0.46 | 3 | 2.33 | 16 |
| Inferred | 1.50 | 11 | 82 | 29 | 1.27 | 0 | 2.26 | 1 | |
| Fundadora Constrained Pit2 | Indicated | 0.20 | 451 | 167 | 2,428 | 0.93 | 14 | 2.94 | 43 |
| Inferred | 0.20 | 1,774 | 150 | 8,554 | 0.69 | 39 | 2.49 | 142 | |
| Fundadora Underground2 | Indicated | 1.50 | 80 | 118 | 306 | 1.03 | 3 | 2.45 | 6 |
| Inferred | 1.50 | 2,003 | 140 | 9,044 | 0.60 | 38 | 2.28 | 147 | |
| Sub Total Indicated | 0.20, 1.50 | 25,908 | 19 | 15,681 | 0.52 | 436 | 0.75 | 624 | |
| Sub Total Inferred | 0.20, 1.50 | 6,579 | 89 | 18,720 | 0.52 | 111 | 1.59 | 337 | |
| El Tigre Tailings3 |
Indicated | 0.37 | 939 | 78 | 2,345 | 0.27 | 8 | 1.21 | 37 |
| Inferred | 0.37 | 101 | 79 | 254 | 0.27 | 1 | 1.22 | 4 | |
| Total Indicated | 0.20,0.37,1.50 | 26,847 | 21 | 18,026 | 0.51 | 444 | 0.77 | 661 | |
| Total Inferred | 0.20,0.37,1.50 | 6,680 | 88 | 18,974 | 0.52 | 112 | 1.59 | 341 | |