Colibri Announces Results of AGM
DIEPPE, NB, June 19, 2018 /CNW/ – (CBI: TSX-V) – Colibri Resource Corporation (“Colibri” or the “Company”), wishes to announce results of its Annual General Meeting of Shareholders (“AGM”) held on June 14, 2018 in Dieppe, Canada.
VANCOUVER, BRITISH COLUMBIA, June 19, 2018 – Millrock Resources Inc. (TSX-V: MRO, OTCQX: MLRKF) (“Millrock”) is pleased to report the current drilling program underway at the La Navidad gold project has been extended. The project, located in Sonora State, Mexico, 100 km north of the City of Hermosillo, targets orogenic, bulk mineable, run-of-mine, oxidized deposits that could be processed by heap leaching.
VANCOUVER, June 18, 2018 – Golden Reign Resources Ltd. (TSX-V: GRR) (“Golden Reign”), Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin”) and Sailfish Royalty Corp. (TSX-V: FISH) (“Sailfish”) are pleased to announce that they have entered into an agreement to extend the termination date of the previously announced non-binding letter of intent (the “LOI”) regarding the business combination of Golden Reign’s wholly-owned San Albino-Murra Property in Nueva Segovia, Nicaragua and Marlin’s La Trinidad Mine in Sinaloa, Mexico (see joint press release dated May 14, 2018). The LOI will now terminate on the earlier of (a) June 29, 2018, (b) entering into of the definitive arrangement agreement in connection with the business combination, and (c) such other date as may be mutually agreed by the parties in writing. All other terms of the LOI remain in full force and effect, unamended.
Vancouver, British Columbia – Further to its news release of June 12, 2018, Starcore International Mines Ltd. (TSX:SAM) (“Starcore” or the “Company”) is pleased to announce it has completed a private placement of secured bonds in the aggregate principal amount of CDN$3 million (the “Bonds”). The Bonds bear interest at 8% per annum, payable on maturity, and mature on June 18, 2020. The Bonds are secured by a charge over all of the Company’s and its subsidiaries assets.
VANCOUVER, British Columbia, June 19, 2018 — Riverside Resources Inc. (“Riverside” or the “Company”) (TSX-V:RRI) is pleased to announce results from exploration work on its 100%-owned La Silla Gold Project (the “Project”) located 75 km northeast of Mazatlan in Sinaloa, Mexico. Riverside geologists collected 52 chip, channel and grab samples over the past month during a focused exploration program with assay results ranging from <0.05 up to 19.9 g/t gold and from <0.05 up to 200 g/t silver. Five of the samples returned greater than 1 g/t gold (see Table 1 below for highlighted samples). The new sampling program appears to have extended the strike length of known veins, while also identifying new vein structures at the La Silla Project (see Figure 1).
Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American/GV6: FSE; “Avino” or “the Company”) is pleased to announce that Peter Bojtos has joined the Company’s Board of Directors as an independent Director effective June 15, 2018; and in addition, we are also delighted to provide a corporate update to announce recent promotions.
CABORCA, Mexico, June 18, 2018 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) gave an update on progress at its 8 Brothers/370 gold project. The company has completed the crushing and loading of ore into the VAT leaching tank. Mexus is currently running tests on the crushed ore to assure the proper leaching solution is used. It is expected that this work will be done in the next few days with leaching commencing upon completion of these tests.
AERI Geophysics Defines Significant… _ Defiance Silver Corp_
Defiance Silver Corp. (“Defiance”) is pleased to announce the results from a recently completed geophysics program employing Atomic Energy Resonance Imaging (“AERI”) technology. This cutting-edge technology recently completed its proof-of-concept testing resulting in multiple new discoveries in North America. At the San Acacio project, it identified a significant anomaly at depth, coincident with the recently delineated Induced Polarization (“IP”) target (see Defiance News Release dated February 28, 2018). The AERI defined the anomaly starting at a depth of 200m and continuing past the detection limit of the technology at 1000m depth. The pipe shaped anomaly measures 400m in width, 300m in length, and is open at depth. The shape, size and mineral zonation of the AERI anomaly compares favourably with geophysical images generated by Capstone Mining on their nearby Cozamin Mine.
Sierra-Metals-Announces-Preliminary-Economic-Assessment
TORONTO, June 18, 2018 /PRNewswire/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) is pleased to report the results of a Preliminary Economic Assessment (“PEA”) regarding the Company’s Cusi Mine, located in Chihuahua State, Mexico. The PEA is based on technical inputs from various independent consulting groups, including; SRK, Redco, Anddes, Kappes Cassiday and Flopac.
Vancouver B.C. – June 18, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce that further to its news release of February 20, 2018, the Company has signed a Definitive Agreement (the “Agreement”) with a subsidiary of Coeur Mining, Inc. (“Coeur”) in respect of the Sarape epithermal gold-silver project in Sonora, Mexico. Coeur will have the exclusive right to acquire up to an 80% interest in Sarape by spending up to US$16.5 million on exploration, making staged cash payments of up to US$2.55 million, and completing a National Instrument (“NI”) 43-101 compliant Feasibility Study on a minimum measured and indicated resource estimate of 1,000,000 ounces gold equivalent, all within a ten-year period.