Vancouver, B.C. Almaden Minerals Ltd. (“Almaden” or “the Company”; AMM: TSX; AAU: NYSE American) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) of up to 7,000,000 units (the “Units”) to raise approximately $7,000,000 at a price of $1.00 per Unit.
Vancouver, May 2, 2018 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports Q1 2018 gold production of 51,003 ounces (oz) at its Los Filos mine at AISC of $1,039/oz and resulting in an AISC margin1 of $14.5 million. Los Filos is on track to deliver the 2018 production guidance range of 215,000 to 240,000 oz at an AISC of $875/oz to $925/oz, as the annual mine plan sequence schedules lower production and higher AISC/oz costs in H1 2018 and higher gold production with lower AISC/oz costs in H2 2018 (see Figure 1). The Q1 2018 AISC of $1,039/oz was under budget for the period. In H2 2018, the mine plan includes higher grades and lower strip ratio, and operations are also expected to benefit from improved leach pad management which includes the agglomerator and overland conveyor extension.
COLORADO SPRINGS – May 1, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) reported production results for the first quarter ended March 31, 2018 of 6,647 ounces of gold and 425,884 ounces of silver, which along with base metal revenue generated $32.2 million in net revenue and $5.5 million, or $0.10 per share in net income for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $110 million to its shareholders in
monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
MEXICAN GOLD CORP. (“Mexican Gold” or the “Company”) (TSX-V:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to $1,000,000 at a price of $0.30 per unit (“Unit”) with a small group of investors. The Company may, in its sole discretion increase the size of the Private Placement by up to 25% for aggregate gross proceeds of up to $1,250,000 at the price of $0.30 per Unit at any time prior to the closing of the Private Placement. Each Unit will consist of one common share of the Company and one common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will entitle the holder to purchase one transferable common share of the Company for a period of thirty-six months from the closing date of the Private Placement at a price of $0.60 per common share.
Toronto, Ontario – March 22, 2018 – Excellon Resources Inc. (TSX:EXN, EXN.WT, EXN.WT.A; OTC:EXLLF) (“Excellon” or the “Company”) is pleased to report financial results for the three- and twelve-month periods ended December 31, 2017.
Vancouver B.C. — March 21, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) announces that it has received proceeds of $3,063,950 from the exercise of 12,255,800 common share purchase warrants (the “Warrants”) representing 98% of the Warrant issue dated December 16, 2015, pursuant to the accelerated expiry date provision as set out in the Company’s announcement of February 19, 2018. As a result, the Company’s current cash position approximates $5.5 million.
VANCOUVER, British Columbia, March 19, 2018 (GLOBE NEWSWIRE) — Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) (“Alio Gold” or the “Company”) and Rye Patch Gold Corp. (TSX-V:RPM) (OTCQX:RPMGF) (FWB:5TN) (“Rye Patch”) are pleased to announce they have entered into an agreement whereby Alio Gold will acquire, through a plan of arrangement (the “Arrangement”) all of the outstanding shares of Rye Patch. Alio Gold will host a conference call at 11:00am EDT (Toronto) time today to discuss the transaction and the details of the call can be found at the end of the release. Management from both Alio Gold and Rye Patch will participate in the conference call.
Vancouver, British Columbia- (Newsfile Corp. – March 14, 2018) – Prospero Silver Corp (TSXV: PSL) (the “Company” or “Prospero”) is pleased to announce that a limited 3-hole drill program at the Pachuca SE project close to the historic mining city
of Pachua in Hidalgo State, Mexico, has discovered a new gold and silver-bearing epithermal vein system. Drilling of the Pachuca targets completes the third of three initial projects funded by Fortuna Silver in early stage “proof of concept” programs.
Under the terms of a strategic investment from Fortuna Silver Mines Inc (NYSE: FSM, TSX: FVI) made in May 2017, phase one funding of $1,500,000 was applied of which 80% was to be allocated to drilling and 20% to new project generation. Prospero
was the operator of all three drill projects. At Pachuca, an 1,800m drill program tested 3 targets with deep, angled holes. Drill collar maps and draft sections for the Pachuca drill holes are available on Prospero’s website at: http://www.prosperosilver.com/s/Pachuca-SE.asp. The results published here are from initial priority assays. Additional samples are being processed for interesting zones in all three holes.
Vancouver, British Columbia–(Newsfile Corp. – March 13, 2018) – Plata Latina MineralsCorporation (TSXV: PLA) (“Plata Latina“ or the “Company”) advises that it has entered into a debt settlement agreement (the “Agreement”) with Mr. Gilmour Clausen, the Chairman and major shareholder of the Company. Pursuant to the Agreement, the Company agreed to issue 6,976,845 common shares to Mr. Clausen, representing approximately 10.35% of the current issued and outstanding common shares of the Company, at a deemed price of $0.045 per share based on the 15-day volume weighted average price. Post to the debt conversion, Mr. Clausen’s holdings of the Company’s common shares will be approximately 27.10%. The debt relates to a promissory note of CAD $250,000 entered on May 5, 2015, bearing interest at 10% per annum.
El gobernador de la entidad, Javier Corral Jurado, se reúne con directivos de empresas de la industria minera, tanto norteamericanas como canadienses, para invitarlos a seguir contribuyendo en la economía estatal al incluir y desarrollar proveeduría local.
Durante su participación en la Convención Minera PDAC 2018, realizada del 4 al 7 de marzo en Toronto, Canadá, el gobernador busca exponer los atractivos del estado para la industria minera.