Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports on the operating and financial results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the third quarter of 2018. The full version of the financial statements and accompanying management’s discussion and analysis can be viewed on the Company’s website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in thousands of US dollars unless otherwise indicated.
Month: November 2018
GOLDCORP ANNOUNCES FIRST GOLD AT THE PYRITE LEACH PROJECT
Pyrite-Leach-Project-Press-Release-vFinal
VANCOUVER, Nov. 29, 2018 /CNW/ – GOLDCORP INC. (TSX: G, NYSE: GG) Goldcorp is pleased to announce first gold has been achieved at Peñasquito’s (100% owned, Mexico), Pyrite Leach Project (“PLP”). Commissioning commenced in the third quarter of 2018 and the PLP is now processing 100% of the existing plant tailings. The PLP plant is operating 24 hours a day and is continuing the planned ramp-up process.
Firma’s GracePoint Mining Corp Announces Updates on the Magistral Project
Firma’s GracePoint Mining Corp Announces Updates on the Magistral Project
HENDERSON, Nev., Nov. 29, 2018 (GLOBE NEWSWIRE) — Firma Holdings Corp. (OTC PINK : FRMA) announces that its subsidiary GracePoint Mining Corp. and MX Gold Corp., signed a confidential mutual release. As a result, MX Gold Corp no longer has any rights, ownership interests, liabilities, or obligations associated with the Magistral Project.
SSR MINING ANNOUNCES INVESTMENT IN SILVERCREST METALS INC.
2018-11-29-News-Release-SSRM-Announces-Investment-In-SilverCrest
VANCOUVER, Nov. 29, 2018 /CNW/ – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) announces that it has entered into an agreement with SilverCrest Metals Inc. (TSXV:SIL) (NYSE American: SILV) (“SilverCrest”) to purchase, by way of private placement, 8,220,645 common shares of SilverCrest at a price of C$3.73 per common share for total consideration of C$30,663,006 (the “Private Placement”).
SilverCrest Announces C$31 million Strategic Investment by SSR Mining
VANCOUVER, BC – November 29, 2018 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that SSR Mining Inc. (“SSR”) has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30,663,006 in a non-brokered private placement financing. After giving effect to the private placement, SSR will own 9.9% of the outstanding common shares of SilverCrest on a non-diluted basis. The private placement is expected to close on or about December 7, 2018, subject to receipt of necessary regulatory approvals. The common shares issued to SSR upon closing of the private placement will have a statutory hold period of four months and one day from the closing date. The Company will use the proceeds from the private placement for the exploration and development of the Las Chispas Project and related costs.
Aura Announces Approval of Name Change and Share Consolidation
Aura Silver Resources Inc_Thu Nov 29, 2018
Aura Silver Resources (TSX-V:AUU) (“Aura” or the “Company”) announces that, at the Special Meeting of shareholders of the Company held on November 15, 2018, Aura’s shareholders approved the previously announced name change and consolidation of the issued and outstanding common shares of the Company on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares (the “Consolidation”). The Company’s new name will be “Aura Resources Inc.”. Significant shareholder support for both the name change and Consolidation was received with approximately 99.4% and 95.5%, respectively, of the shares voted at the Special Meeting in favor of these resolutions.
HARVEST GOLD UPDATES THE DRILLING PROGRAM AT ITS HIGH-GRADE SILVER/GOLD CERRO CASACRON PROJECT
HVG NR 2018 11 29 – Drilling Update
Vancouver, British Columbia, November 29, 2018 – Harvest Gold Corporation (TSX.V:
HVG) (the “Company” or “Harvest”) is pleased to update the market on the drill program at its high grade silver/gold Cerro Cascaron Project in Mexico. The project is a Joint Venture with operator, Evrim Resources. (TSX.V: EVM).
Candente Gold Announces Signing of Definitive Agreement with Sun River Gold and Tailings Drill Results
Vancouver, British Columbia, November 29th, 2018. Candente Gold Corp. (TSXV:CDG) (“Candente Gold” or “the Company“) is pleased to announce that the Company has signed the Definitive Agreement (“DA”) with Sun River Gold Corp. (“Sun River” or “SRG”) which follows the binding Letter of Intent (“LOI”) previously entered into on November 9, 2017. SRG has the option to further test and, if proven economic, develop and operate the Company’s tailings project in El Oro Mexico (the “Tailings Project”).
Endeavour Silver Reports High Grade Silver-Gold Intersections in Multiple Veins From 2018 Drill Program at the Bolanitos Mine, Guanajuato, Mexico
VANCOUVER, B.C., Nov. 28, 2018 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) reports high grade silver-gold intersections in multiple veins from the 2018 drill program at the Bolanitos mine in Guanajuato, Mexico. A total of 55 drill holes from surface and 11,000 metres were completed by the end of October on seven different vein targets, all of which are located within four kilometres of the Bolanitos plant (view longitudinal sections for Herradura, Plateros and San Miguel).
Telson Reaches Agreement with Nyrstar to AmendLoan Agreement
VANCOUVER, British Columbia–(BUSINESS WIRE)– Telson Mining Corporation (“Telson” or the “Company”) (TSX-V – TSN, OTC Pink – SOHFF, Frankfurt – TSGN (formerly SQ82)) is pleased to announce that it has reached an agreement to amend the terms of its Loan Agreement dated June 13, 2018 (the “Loan Agreement”) with Nyrstar Canada (Holdings) Ltd (”Nyrstar”). The amended terms of the Loan Agreement will help Telson to better manage its cash flows at Campo Morado in a subdued zinc price environment.