DiscoveryMetals_2019-05-30-dsv-nr
Vancouver, B.C. – Discovery Metals Corp. (“Discovery”) (TSXV: DSV) and Levon Resources Ltd. (“Levon”) (TSX: LVN) are pleased to announce that they have entered into an arrangement agreement (the “Agreement”) to combine Discovery and Levon to create a leading silver-focused exploration and development company that will control several district-scale projects in Mexico (the “Transaction”).
Vancouver, Canada: Radius Gold Inc. (TSX-V: RDU) is pleased to announce the first results from the second round of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. The program is operated by Radius and funded by Pan American Silver under a joint venture agreement. The first hole of 2019, AMDD19-010, has intersected 44m grading 12.38 g/t Au and 309.3 g/t Ag including an 11m section grading 39.9 g/t Au and 323 g/t Ag. Estimated true width of the mineralized
zone is 34m.
April 25, 2019, Toronto, Ontario – Discovery Metals Corp. (TSX-V: DSV) (“Discovery” or the “Company”) is pleased to announce amendments to the terms of the Property Option Agreement (the “Option Agreement”) on its Puerto Rico Project (the “Project”), located in Coahuila State, Mexico while concurrently signing a 30-year exploration and mining agreement with the Boquillas del Carmen Ejido (the “Ejido”).
Aura Resources Inc. (TSX-V:AUU) (“Aura” or the “Company”) announces that it has entered into a definitive agreement with Minaurum Gold Inc. (TSX-V:MGG) (“Minaurum”) and its Mexican subsidiary whereby Minaurum will acquire an interest in the Company’s East Taviche property located in Oaxaca, Mexico.
TORONTO, Dec. 24, 2018 (GLOBE NEWSWIRE) — CAMROVA RESOURCES INC. (TSX V “CAV” OTC: BAJFF, SSE: CAVCL, CAVUSA) (“Camrova” or the “Company”) announced today it has entered into an option agreement (the “Option”) with Armex Mining Corp., a private mining company located in Vancouver, British Columbia (“Armex”) granting it the right, effective as of December 24, 2018 (the “Effective Date”) to earn up to a 50% interest in and to certain mineral claims adjacent to and forming part of Armex’s Goldstream Mine Project located approximately 100 kilometers north of Revelstoke, British Columbia (the “Property”). Under the terms of the Option, Camrova is entitled to earn its interest by making cash payments aggregating CAD$5,000,000 and incurring exploration and related capital expenditures on the Property aggregating CAD$45,000,000 over five years following the Effective Date.
By Jorge Cirett
During the 48th week of the year (November 26th to December 2nd, 2018), at least 16 press releases were announced by companies working in Mexico. Minaurum, Mexus Gold and Harvest Gold released news on exploration. Impact Silver and Santacruz Silver released third quarter results; America Silver increased production and Goldcorp is commissioning a new plant. Silver Spruce and SilverCrest announced news on financing. Endeavour Silver presented results from drilling. Americas Silver, Telson Mining, Candente Gold, Aura Silver and Firma Holding presented news on deals and corporate issues. ON MEXICO ISSUES, Andrés Manuel López Obrador was sworn as Mexico’s president for the next six years. ON EXPLORATION, In Sonora, Minaurum Gold released high grade gold results from surface sampling of a new vein at its Alamos property; Mexus Gold continues drilling at its Santa Elena project. In Chihuahua, Harvest Gold informed on drilling at its Cerro Cascaron project in Chihuahua. ON MINING, Impact Silver and Santacruz Silver presented quarterly reports. Americas Silver increased production rates at Cosalá, in Sinaloa, and Goldcorp produced first gold on its pyrites plant in Peñasquito, Zacatecas. ON FINANCING, Silver Spruce was granted an extension on its financing round. SilverCrest is securing a $30.6 M investment by SSR Mining. ON RESOURCES AND DEVELOPMENT, Endeavour Silver reported high-grade intersections from Bolañitos, in Zacatecas. ON DEALS AND CORPORATE ISSUES, Americas Silver and Pershing Gold are to complete a business combination. Telson Mining announced the amending of a loan agreement with Nyrstar. Candente Gold and Sun River signed an agreement on El Oro tailings in Estado de Mexico. Aura Silver is to change name to Aura Resources Inc. Grace Point Mining owns now the Magistral project in Sinaloa.
ON MEXICO ISSUES
ON EXPLORATION
ON MINING
ON FINANCING
ON RESOURCES AND DEVELOPMENT
ON DEALS AND CORPORATE ISSUES
Content like what you have just read can beseen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the image above, plagioclase lined epidote patches and veinlets in andesitic volcanic rocks in Jalisco. Picture by Jorge Cirett.
VANCOUVER, Nov. 19, 2018 /CNW/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE American: GPL) (“Great Panther”; the “Company”) announces that it has reached an agreement (the “Agreement”) with MACA Limited (“MACA”) on modifications to MACA’s outstanding loan (the “Loan”) due from Beadell Resources Limited (“Beadell”). As noted in the press release dated September 23, 2018 announcing Great Panther’s friendly acquisition of Beadell (the “Acquisition”), closing of the transaction is conditional on receipt of certain approvals and consents on terms acceptable to Great Panther, the Loan being among these.
BRIDGEWATER, NS / ACCESSWIRE / November 16, 2018 / (TSXV: SSE) – Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”) announces that, after an extended forty-five day due diligence period, it has signed the Definitive Agreement to transfer the Kay Mine project to Croesus Gold Corp., a private company that intends to go public on a Canadian stock exchange. Both companies have agreed to close the transaction within forty-five days.
Pan American Silver and Tahoe Resources
VANCOUVER, Nov. 14, 2018 /CNW/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”) or the “Company”) and Tahoe Resources Inc. (NYSE:TAHO) (TSX:THO) (“Tahoe”) today announced that they have entered into a definitive agreement for Pan American to acquire all of the outstanding shares of Tahoe pursuant to a plan of arrangement (the “Transaction”), creating the world’s premier silver mining company. Shareholders of Tahoe will be entitled to elect to receive common shares of Pan American and/or cash in exchange for their shares of Tahoe. Additional consideration will be in the form of the right to a contingent payment in common shares of Pan American tied to the restart of the Escobal mine in Guatemala
Golden Goliath Resources Ltd. _ Uruachic Option Exercised
Golden Goliath Resources Ltd. (“the Company”) is pleased to announce that Desarrollos Mineros El Aguila, S.A. de C.V. (“El Aguila”), a wholly owned subsidiary of Fresnillo plc, has exercised the option agreement for the properties optioned to them by the Company in the Uruachic Mining District in the State of Chihuahua, Mexico (the “Properties”).