December 4, 2019 – Vancouver, BC – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX:FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it intends to complete a flow-through equity financing by way of a non-brokered private placement for aggregate proceeds of approximately $2.0 million (the “Offering”). The Offering will consist of 7,405,000 common shares of the Company (the
“Flow-Through Shares”) that qualify as flow-through shares for purposes of the Income Tax Act (Canada), at a price of $0.27 per Flow-Through Share.
Chicago, Illinois – November 4, 2019 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported third quarter 2019 financial results, including revenue of $199.5 million and cash flow from operating activities of $42.0 million. Including non-cash write downs of $15.0 million taken in the quarter, the Company reported GAAP net loss from continuing operations of $14.3 million, or $0.06 per share. On
an adjusted basis1 , the Company reported EBITDA of $61.0 million and net loss from continuing operations of $5.3 million, or $0.02 per share.
Toronto, Ontario – December 5, 2019 – Excellon Resources Inc. (TSX:EXN, EXN.WT, OTC:EXLLF and FRA:E4X1) (“Excellon” or the “Company”) is providing an update to shareholders on the previously disclosed ongoing legal action in Mexico in respect of the La Antigua mineral concession (“La Antigua”) that is part of the Evolución Property in Zacatecas. La Antigua was included in Excellon’s acquisition of Silver Eagle Mines Inc. (“Silver Eagle”) in 2009, which includes a portion of the historic mineral resource at Miguel Auza. The concession is subject to an exploration and exploitation agreement with purchase option (the “Agreement”) dated December 3, 2006 between San Pedro Resources SA de CV (“San Pedro”, now a subsidiary of Excellon) and the owner (the “Plaintiff”) that provides, among other things, for a minimum payment of US$2,500 plus value added tax per month (the “Advance Royalty”) and the payment of a 3% net smelter return (“NSR”) royalty. San Pedro has the right to purchase absolute title to La Antigua including the NSR royalty upon payment of US$500,000. San Pedro has accrued the Advanced Royalty on an ongoing basis and the Agreement remains in force.
Vancouver, B.C. – December 5, 2019: San Marco Resources Inc. (TSX-V: SMN) (“San Marco” or the “Company”) is pleased to announce that it has retained Momentum Public Relations Inc. (“Momentum”) to assist with strategic business development activities.
Vancouver, BC, Canada, December 5, 2019 – Megastar Development Corp. (“Megastar”, or the “Company”) (TSX-V: MDV; Frankfurt: M5QN) is pleased to report that the first exploration results from preliminary work at its Magdalena Project (the “Project”) have identified characteristics of a significant epithermal system including gold mineralization locally exceeding 3.00 grams per tonne (g/t). The Project lies in the central portion of the Oaxaca Au-Ag polymetallic epithermal belt in the Sierra Madre del Sur, Mexico, 20 kilometers east-northeast of Gold Resource Corporation’s Arista-Switchback Mine, and 22 kilometers south of the Company’s Yautepec project (see news releases dated July 16, 2019 and August 22, 2019).
Litio en Bacadehuachi
En Bacadéhuachi Sonora existen yacimientos de Litio, uno de los minerales necesarios para la generación de energías renovables y la fabricación de baterías, se iniciará su extracción en 2022, confirmó Francisco Quiroga Fernández.
Grupo Mexico invierte en parque eolico
Grupo México, un conglomerado industrial mexicano de los sectores de la minería, transporte ferroviario e infraestructura, invertirá a través de su filial de Infraestructura 250 millones de dólares en la construcción de un parque eólico en el estado de Nuevo León.
Un Ministro de la Suprema Corte de Justicia propuso a sus colegas invalidar los cambios aplicados en 2019 al llamado Fondo Minero, pero no está claro si el tema alcanzará a ser discutido este jueves por el Pleno del máximo tribunal.
United States Antimony Corporation
December 2, 2019. Thompson Falls, Montana. United States Antimony Corporation (“USAC”, NYSE American “UAMY) reported that hydraulic, mechanical, and electrical testing of the Puerto Blanco mill in Guanajuato has been successfully completed. The laboratory is nearing completion, and reagents are being ordered to start the leach testing of gold and silver. John Gustavsen from Montana and Heriberto Torres are heading up the pilot project.
VANCOUVER, British Columbia, Dec. 03, 2019 (GLOBE NEWSWIRE) — Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”), announces 2020 production and cost guidance.