Riverside Resources Options Los Cuarentas Project to Hochschild Mining PLC

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Vancouver, British Columbia–(Newsfile Corp. – June 24, 2020) –  Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: R99) (“Riverside” or the “Company”), is pleased to announce that it has entered into a Definitive Option Agreement (the “Agreement”) with Minera Hochschild Mexico, S.A. de C.V. (“Hochschild”), a wholly-owned subsidiary of Hochschild Mining PLC for Riverside’s 100% owned Los Cuarentas Gold-Silver Project (the “Project”) in Sonora, Mexico. This Agreement enables the Project to immediately move ahead with a robust exploration program and reflects the belief, by both parties, of the potential for rapid discovery of new gold-silver deposits.

Mineras canadienses tendrán que pagar impuestos

Mineras canadienses tendrán que pagar impuestos

La deuda de empresas mineras al Estado mexicano por concepto de impuestos, deberá ser saldada, aseguran especialistas, pues una vez que el presidente Andrés Manuel López Obrador,lo ha hecho público, “difícilmente un tribunal internacional tomará el caso”. Raúl Benítez Manaut, maestro del Centro de Investigaciones sobre América del Norte de la UNAM, dijo además que otras empresas han saldado sus deudas en esa materia, lo que presiona a las mineras canadienses a seguir el mismo camino, aunado además a los problemas que algunas de ellas presentan en materia de concesiones y medio ambiente.

Fuente: Milenio

Orex Closes $1 Million First Tranche of Private Placement

Orex Closes $1 Million First Tranche of Private Placement

VANCOUVER, BC, June 23, 2020 /CNW/ – Orex Minerals Inc. – (TSX.V: REX) (OTCQB: ORMNF) (“Orex” or the “Company“) is pleased to announce that it has closed the first tranche (the “First Tranche“) of its non-brokered private placement (the “Offering“) announced on May 26, 2020. The First Tranche was comprised of 12,362,500 units of the Company (the “Units“) issued at a price of $0.08 per Unit for aggregate gross proceeds of $989,000. Each Unit consists of one common share (each a “Common Share“) and one-half of a common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder thereof to acquire one Common Share at the price of $0.20 per share for a period of 24 months from closing. The Common Shares and Warrants, and any Common Shares issuable upon the exercise of the Warrants, issued pursuant to the First Tranche are subject to a statutory hold period expiring on October 24, 2020.

Sable Appoints New CFO

Sable Appoints New CFO

VANCOUVER, June 23, 2020 /CNW/ – Sable Resources Ltd. (“Sable” or the “Company”) (TSXV: SAE) announces that the Company has appointed Kelso Cartwright as CFO.  Mr. Cartwright has over 10 years of finance and accounting experience, focused on public and private financial reporting in both Canada and the US.  He has been the Company’s Controller since 2017 and was the former Corporate Controller for JDS Silver Inc., a private mining company that advanced from PEA to producer in three years and was acquired by Coeur Mining, Inc. in 2017.   Prior to this, he spent a number of years with Deloitte LLP.   Mr. Cartwright holds a Bachelor of Business Management from the University of British Columbia and is a Chartered Professional Accountant.

Great Panther Intersects New High-grade Mineralization at Tucano; Appoints Vice President Exploration

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VANCOUVER, BC, June 23, 2020 /CNW/ – Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) (“Great Panther” or “the Company”) announces initial drill results from the 2020 drill program at its wholly owned Tucano gold mine in Brazil.  These results are part of an ongoing 55,000 metre, $6.6 million resource definition drill program focused on both near-mine and regional targets.  To date, 12,000 metres of drilling have been completed, including 6,000 metres of near-mine diamond and reverse circulation drilling at the Tapereba (TAP) AB1 and AB3 open pits.  The ongoing drilling is being conducted with three rigs and results will be incorporated into an updated Resource and Reserve statement due for release in fourth quarter of 2020.  Drilling rates are expected to advance as Tucano enters the dry season in July.

Apollo Gold Signs Letter of Intent with First Majestic Silver for Option to Acquire Its Jalisco Group of Property Concessions in Mexico

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VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) — Apollo Gold Corp. TSX.V: APGO (“Apollo” or the “Company“) is pleased to announce that it has entered into a letter of intent with First Majestic Silver Corp. (“First Majestic”) effective June 22, 2020 (“Letter of Intent” or “LOI”). Pursuant to the LOI, Apollo has confirmed its intention to enter into a 3 year earn-in option (“the Option”) with First Majestic to acquire 100% of First Majestic’s ownership in its Jalisco Group of properties, in the state of Jalisco, Mexico (the “Transaction”). The LOI is non-binding, however it is the intention of Apollo and First Majestic to enter into a Definitive Agreement within 90 days.

Silver Dollar Resources adquirirá una participación mayoritaria en el proyecto La Joya de First Majestic en México

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Silver Dollar Resources y First Majestic Silver firmaron una carta de intención en la que Silver Dollar tiene la opción de ganar un interés inicial del 80% después del ejercicio del cual puede ganar un adicional 20% de participación en la propiedad de First Majestic La Joya Ag-Cu-Au en México.

Fuente: mineriaenlinea.com