oroco provides update to acquires an additional interest in santo tomas_sin
VANCOUVER, Jan. 14, 2019 /CNW/ – Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or the “Company”) announces that further to its news release dated October 9, 2018, Oroco has engaged an independent qualified person in accordance with National Instrument 43-101 Standards of Disclosure for MineralProjects to prepare a technical report (the “Technical Report”) on the Santo Tomas Concessions.
Ethos Gold Corp.- Thu Sep 27, 2018
Vancouver, BC — August 27, 2018, Ethos Gold Corp. (“Ethos” or the “Company“) (TSXV:ECC) is pleased to announce that it has, through its Mexican subsidiary Compañía Minera Roca Dorada, S.A. de C.V. (“Roca Dorada”) entered into an option agreement (the “Option Agreement”) with Mr. Rodney Alan Blakestad Cobean (the “Property Owner”) to earn a 100% right, title and interest in and to 897 hectares of mineral concessions contiguous to its La Purisima project (see Ethos’ press releases dated December 1, 2017 and June 15, 2018) situated in the municipality of Buenaventura, Chihuahua, México (the “Property”), subject to the Property Owner being entitled to a 2.0% net smelter return royalty upon the Company earning 100% interest in the Property on the terms set out in the Option Agreement.
silver viper terminates option on clemente project_son
August 27, 2018 – Vancouver, British Columbia. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSXV: VIPR) announces that it has terminated the option agreement on the Clemente Precious – Base Metal Property in Sonora State, Mexico that it entered into on December 2, 2016 with Riverside Resources Inc.
VANCOUVER, British Columbia, Aug. 02, 2018 (GLOBE NEWSWIRE) — First Mining Gold Corp. (“First Mining” or the “Company”) (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) is pleased to announce the signing of an option agreement with Gainey Capital Corp. (“Gainey”), granting Gainey the right to earn a 100% interest in First Mining’s Las Margaritas Gold Property (“Las Margaritas”) located in the State of Durango, Mexico.
VANCOUVER, British Columbia, Nov. 28, 2017 (GLOBE NEWSWIRE) — GFM Resources Limited (the “Corporation”) (TSX-V:GFM.H) is pleased to announce that it has entered into an exploration and evaluation agreement with Minera Auricup, S. de R.L. (“Auricup”) for exclusive access to conduct exploration and evaluation of the merits of a mineral concession (the “Evaluation Agreement”) of Auricup’s Baviácora concession (the “Concession”), located in the state of Sonora, Mexico.
Under the terms of the Evaluation Agreement, the Corporation will pay for outstanding mineral rights of the Concession, will have exclusive access rights for a period of six months, and will obtain a minimum 15% ownership stake in the Concession. The starting of the six-month initial evaluation and exploration term is subject to Auricup negotiating the land access rights with the local communal land administration. If, for any reason, such access rights are not successfully negotiated within 120 days of the date of Evaluation Agreement, the Corporation has the option of demanding full repayment, or to obtain a similar stake in a different but equivalent mineral concession owned by Auricup.
Vancouver, Canada, November 21, 2017
The Company is pleased to announce that it has now received the latest option payment from Desarrollos Mineros El Aguila, S.A. de C.V. (“El Aguila”), a wholly owned subsidiary of Fresnillo plc for the properties optioned to them by the Company in the Uruachic Mining District in the State of Chihuahua, Mexico (the “Properties”).
The US $100,000.00 payment is the fifth in a series of seven optional payments by El Aguila in order that it may exercise the option to acquire the Properties. A further $100,000 payment would be due in May 2018. The final payment of $US 2.3 Million would be due in November, 2018. The Company’s recent option agreement on seven of its eight Uruachic properties allows the Company to remain debt free and focus future exploration on the San Timoteo property
The Company plans to use final payment to pay for the drill program on its 100% owned San Timoteo property, following the recommendations resulting from the recent work completed on San Timoteo.
https://sonorometals.com/news/2017/sonoro-options-la-calera-property-in-sonora-mexico/
VANCOUVER, Canada, November 8, 2017, Sonoro Metals Corp., (“Sonoro” or the “Company”) (TSXV: SMO) (OTCQB: SMOFF), announces that its Mexican subsidiary, Minera Mar De Plata, SA de C.V. has entered into an option agreement (the “Option Agreement”) with a resident of Magdalena de Kino, Sonora, Mexico (the “Vendor”), to acquire a 100% interest in the Calera Group of Concessions (“Calera”) located in the municipality of Cucurpe, in northern Sonora state, Mexico.
The Calera project consists of four concessions covering 144 hectares within the Cucurpe Sonora mega-district. The Cucurpe mega-district includes Premier Gold Mines’ Mercedes gold mine, Goldgroup Mining’s Cerro Prieto gold mine, Agnico Eagle’s recently purchased Santa Gertrudis gold mine, and other nearby gold mineralized prospect areas.
DENVER, Oct. 24, 2017 /PRNewswire/ — Vista Gold Corp. (TSX & NYSE American: VGZ) (“Vista” or the “Company”) today announced that, together with its wholly-owned subsidiaries Minera Gold Stake Holdings Corp., Granges Inc. and Minera Gold Stake, S.A. de C.V. (“MGS”), it has entered into an agreement (the “Option Agreement”) to option our interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico (the “GdlR Project”) to Minera Alamos Inc. and its subsidiary Minera Alamos de Sonora S.A. de C.V. (“Minera Alamos“).
Pursuant to the terms of the Option Agreement, Vista has granted Alamos an exclusive right and option right to earn a 100% interest in the GdlR Project by:
https://www.mineraalamos.com/news/?id=528
Minera Alamos Inc. (TSXV:MAI, OTCQB:VGMTF) (the “Company” or “Minera Alamos“) is pleased to announce it has entered into an option agreement dated October 23, 2017 (the “Agreement”) with Vista Gold Corp. (“Vista Gold”) to acquire all of the issued shares (the “Shares”) of Vista Gold’s subsidiary Minera Gold Stake S.A. de C.V. which owns the Guadalupe de Los Reyes Project (“Guadalupe” or the “Project”). Guadalupe is a gold-silver project located in the Sierra Madre Range in Sinaloa, Mexico and approximately 3 hours from the Company’s base of operations in Culiacan. It is one of the most significant historic gold producers in this region of Mexico and contains a near surface gold resource consisting of 380,100 Indicated ounces (6.8 MM tonnes @ 1.73 g/t Au) with an additional 155,200 Inferred ounces (3.2 MM tonnes @ 1.49 g/t Au)*, in addition to significant exploration potential from previously identified mineralized structures that remain undrilled. Minera Alamos’ immediate goal is to utilize its extensive in-house technical expertise to evaluate the potential for the project to be developed as a low capital heap leaching operation.
Key Highlights
October 6, 2017, Vancouver, BC – Prospero Silver Corp. (TSXV: PSL) (“Prospero” or the “Company“) is pleased to announce that it has received final TSX Venture Exchange approval of the option to own agreement (the “Option Agreement“) between the Company, its Mexican subsidiary Minera Fumarola, S. A. de C. V., and Exploraciones del Altiplano, S.A. de C.V. (“Altiplano“). The Option Agreement provides the Company with an option to earn a 100% right, title and interest in and to Altiplano’s Buenavista claims located in Durango, Mexico, subject to the reservation by Altiplano of a 2% net smelter return royalty. For full particulars, please see the Company’s news release of August 1, 2017.
A director of the Company owns or controls, indirectly over 20% of the issued shares of Altiplano. Pursuant to TSXV Policy 5.9 and Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions (“MI 61-101“), the Option Agreement constitutes a “related party transaction” as a result of the director’s relationship with Altiplano. The Company relied on Section 5.5(a) of MI 61-101 for an exemption from the formal valuation requirement and Section 5.7(1)(a) of MI 61-101 for an exemption from the minority shareholder approval requirement of MI 61-101 as the fair market value of the transaction did not exceed 25% of the Company’s market capitalization.