Azure Minerals Limited (ASX: AZS) (“Azure” or the “Company”) is pleased to advise that a dispute over the recovery of IVA (the Mexican equivalent of GST) has been finalised with the Mexican tax authorities. This has resulted in the payment of Mx$10,337,075, approximately $767,000 Australian dollars (after conversion) to the Company’s 100% owned Mexican subsidiary Minera Azure SA de CV (MA).
Bacanora Lithium plc (AIM: BCN), the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.
REVIEW OF OPERATIONS
MEXICO – The Plomosas Project During the reporting period, the Group focused on its flagship high grade zinc-lead-silver Plomosas mine in the state of Chihuahua. Chihuahua hosts a prolific zinc-lead mineralised belt, and Plomosas has been mined periodically since 1943. The Group brought the mine back into production in September 2018.
VANCOUVER, B.C. – Defiance Silver Corp. (the “Company” or “Defiance”) reports that it intends to settle up to $150,000 of debt through the issuance of up to 535,715 common shares of the Company (the “Shares”) at a deemed price of $0.28 per Share to certain creditors of the Company, including certain of its directors and officers (the “Creditors”).
ABORCA, Mexico, September 13rd, 2019 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that on September 12th, 2019 the company negotiated and sold its first gold from production at its Santa Elena mine. The sale was based at a 2% discount from today’s spot price per oz. The selling of gold completes the gold production cycle for Mexus and confirms that the company is now in full production. Mexus intends to notify its shareholders of additional production in the upcoming weeks which will show a steady and sustainable increase in gold recovery. Mexus CEO Paul Thompson Sr. added “This is a monumental and important step for Mexus as it shows we are capable of recovering gold at the Santa Elena mine. I will continue to take steps towards making Mexus a major gold producing company.”
Thunder Bay, September 16, 2019 – Premier Gold Mines Limited (PG:TSX)(PIRGF:US)(“Premier”, “the Company”) is pleased to announce that Mr. Peter van Alphen is joining the Company as its Chief Operating Officer. Peter brings to Premier a successful track record of mine development and operations. In this role Peter will oversee the Company’s mining and development Projects including the Mercedes and South Arturo mines, and will lead development planning for Premier’s advanced-stage projects including Hardrock (Greenstone Gold) and Cove.
Vancouver, B.C. – September 16, 2019: San Marco Resources Inc. (SMN: TSX-V) (“San Marco” or the “Company”) is pleased to advise as follows:
At a special general meeting of shareholders held today, its shareholders voted in favour of a special resolution to consolidate the Company’s shares on a three (old) into one (new) basis.
Vancouver, B.C. – Starcore International Mines Ltd. (TSX: SAM) (“Starcore” or the “Company”) has filed the results for the first quarter ended July 31, 2019 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com.
TORONTO, Sept. 16, 2019 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that the Mexican Center for Philanthropy (Cemefi), the Alliance for Corporate Social Responsibility in Mexico (AliaRSE), and Forum Empresa have named Alamos Gold Best Corporate Social Responsibility Practice 2019 in the category of Connecting with the Community. This award acknowledges the Company’s commitment to corporate social responsibility (“CSR”), highlighting successes with the voluntary relocation of residents from Mulatos to Matarachi. Alamos worked closely with the community, investing in several projects that will provide long-term benefits; including the construction of 21 new homes, a new school, church and medical clinic.
VANCOUVER, B.C. – Defiance Silver Corp. (the “Company”) announces that it has applied for TSX Venture Exchange (“Exchange”) approval to extend by one year the expiry date of an aggregate of 5,750,001 outstanding warrants (not 6,187,201 warrants as announced September 4, 2019) exercisable at $0.45 per share.