Prime Meridian Resources Corp: La Verde Project Update

Vancouver, British Columbia–(Newsfile Corp. – October 4, 2022) – Prime Meridian Resources Corp. (TSXV: PMR) (“PMR” or the “Company“) is pleased to announce the following update on the Company’s La Verde Project. Further to the News Releases of December 9, 2021 and March 31, 2022, the Company and the Vendor have elected to modify the La Verde Project Purchase Option Agreement (the “Agreement”) by changing the requirement for two US$200,000 option payments due under the current Agreement to US$20,000 minimum monthly payments. The Company and the Vendor have made these changes to reduce the up-front obligations under the Agreement and expedite the transaction process. The Company has also extended all financial obligations related to its Red Lake and Kelly claims for up to one year to focus the proceeds of the current financing on the La Verde Project.


TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the Company has received approval from Mexico’s Secretariat of Environmental and Natural Resources (“SEMARNAT”) on the key, culminating environmental permit for the Media Luna Project. The approval (“MIA Integral”) allows for operations to begin at Media Luna and builds on the receipt of the MIA Modification received last year, which allowed for the execution of development activities on the south side of the Balsas River. The Company has also received approval to increase the power draw at site to 45 megawatts (“MW”).

Minera Alamos Announces Positive Preliminary Economic Assessment for the Cerro de Oro gold project

Minera Alamos Inc. (“Minera” or the “Company”) (TSXV: MAI) is pleased to announce the positive results of an independent Preliminary Economic Assessment (“PEA”) for its Cerro de Oro Project (the “Project”) in Zacatecas, Mexico. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by Scott Zelligan, P.Geo., Lawrence Segerstrom, M.Sc.,CPG, Peimeng Ling, P.Eng., Alex Duggan, P.Eng. and Toren Olsen, PG. A Technical Report with the details of the PEA will be filed on SEDAR under the Company’s profile within 45 days of the date of this news release. (Note to reader: Unless stated all currency references are in US dollars).

Riverside Resources Regains 100%Control of the La Union Gold-Silver-Zinc Project After More than US$500,000 in Partner Funded Exploration and Consolidation Work

Vancouver, British Columbia–(Newsfile Corp. – October 3, 2022) – Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (“Riverside” or the “Company”), has been reimbursed for past taxes and fees with more than USD$500,000 of new mineral exploration and consolidation work completed to-date as per the option agreement announced in May 2022 with Hochschild Mining Corp. Exploration work at La Union Project (the “Project”) has returned gold (“Au”) values greater than two ounces per ton (“oz/t”), silver (“Ag”) values over 20 oz/t and up to six percent zinc (“Zn”) (see press release dated October 6, 2021). There are four primary drill targets that were defined from 2022 exploration programs, however Minera Hochschild Mexico SA de CV (“Hochschild”) has decided not to proceed with the option and further exploration spending at La Union for corporate strategy reasons.


Denver, CO — October 3, 2022 — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported an updated Mineral Reserve Estimate (the “2022 Mineral Reserve”), Mineral Resource Estimate (the “2022 Mineral Resource”) and Life of Mine (“LOM”) plan (the “2022 LOM Plan”, and together with the 2022 Mineral Reserve and 2022 Mineral Resource, the “2022 Updates”) for the Cerro Los Gatos Mine (“CLG”) in which Gatos Silver has a 70% interest

Strategic Shareholder Maintains Equity
Ownership in Barksdale

Vancouver, British Columbia–(Newsfile Corp. – October 3, 2022) – Barksdale Resources Corp. (TSXV: BRO) (“Barksdale” or the “Company”) is pleased to announce that Teck Resources Limited (“Teck”), a large shareholder of the Company and one of Canada’s leading mining companies, has elected to exercise its pro-rata equity participation rights and will subscribe for 550,000 units (the “Units”) for gross proceeds of $264,000 (“Financing”). The Units have identical terms to the financing that closed on September 21, 2022. Each Unit consists of one share and one-half (1/2) of one transferable share purchase warrant, with each whole warrant entitling the holder thereof to purchase one common share at $0.72 for a period of three years. Following the Financing, Teck will hold approximately 9.9% of Barksdale’s equity on a partially diluted basis.

El litio en México se debate entre los intereses privados y la política

En un pueblo de Sonora, norte de México, de unos mil habitantes llamado Bacadéhuachi, se encuentra
el yacimiento de litio en roca más grande que se conoce en el mundo, según Mining Technology.
A finales de 2019, cuando el Gobierno confirmó la existencia del yacimiento y se difundió que estaba
en marcha un proyecto de explotación a cargo de una empresa canadiense (Bacanora Lithium) y una
china (Ganfeng Lithium), hubo medios y funcionarios que empezaron a hablar
del litio como “el petróleo del futuro”.


México potencia mundial en minería

En México se encuentran 4 de los 9 proyectos mineros de mayor relevancia en el mundo, lo que convierte a nuestro país en una potencia mundial en el sector minero. Esta ubicación en la industria se traduce en importantes ingresos económicos para la nación y en el impulso del desarrollo social y comunitario de los municipios y estados en donde se realizan actividades mineras.

Fuente: El Universal