Option Agreement

OZ Minerals Signs Exploration Agreement for Acapulco’s VHMS Targets in Mexico

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http://www.newsfilecorp.com/release/26294/OZ-Minerals-Signs-Exploration-Agreement-for-Acapulcos-VHMS-Targets-in-Mexico#.WP4WVIg1_IU

Vancouver, British Columbia–(Newsfile Corp. – April 24, 2017) – Acapulco Gold Corp. (the “Company” or “Acapulco Gold“) is pleased to announce that it has entered into a mineral exploration earn-in agreement (the “Option Agreement“) with OZ Exploration Pty Ltd. (“OZ Minerals“) and Minera Zalamera S.A. de C.V. (“Zalamera“) pursuant to which Zalamera has granted an exclusive option to the Company and OZ Minerals, together as optionees, to acquire the Zaachila, Riqueza Marina and Zapotitlan projects (collectively, the “Projects“) in Oaxaca, southern Mexico.

The sites exhibit positive geological indicators, and the Company believes the Projects have the potential for shallow, high-value-per-tonne volcanic-hosted massive sulphide (“VHMS“) deposits. No modern mineral exploration has yet been undertaken on the Projects, all of which are located near developed road and port infrastructure.

Option Agreement to Acquire Lithium Projects

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Click to access nr-2017-04-11-acquisition-of-lithium-projects-20170410200814.pdf

Arian Silver Corporation (“Arian” or the “Company”), the Mexico focused AIM quoted resource development company, announces it has entered into an option agreement (the “Option Agreement”) to acquire three lithium exploration projects (the “Projects”) through its wholly owned Mexican subsidiary, Compañia Minera Estrella de Plata SA de CV (“Arian Mexico”). The Projects will be acquired from Comercializadora Gacu SA de CV, a privately held company, for an aggregate consideration of up to US$200,000 payable in instalments over the next 12 months. The Projects cover a total expanse of over 1,600 hectares (“ha”) in a prospective region of Zacatecas State, Mexico, known for its lithium deposits.

Plata Latina Announces All Approvals from TSX Venture Exchange on Fresnillo Agreement

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http://www.newsfilecorp.com/release/26002/Plata-Latina-Announces-All-Approvals-from-TSX-Venture-Exchange-on-Fresnillo-Agreement#.WOJsOjs1_IU

Vancouver, British Columbia–(Newsfile Corp. – April 3, 2017) – Plata Latina Minerals Corporation (TSXV: PLA) (“Plata Latina“ or the “Company”) is pleased to announce that, it has received all necessary approvals from its shareholders and the TSX Venture Exchange with respect to the option agreement on its “Naranjillo” property previous announced on February 8, 2017, and is now ready to close on the transactions contemplated thereunder.

Pursuant to the option agreement, Metalúrgica Reyna, S.A. de C.V. (“Reyna“), a wholly-owned subsidiary of Fresnillo PLC (“Fresnillo“), was granted with a right to explore the Naranjillo property (the “Property“) for a 36 month term. In consideration, Reyna has paid the Company US $0.2 million and will pay the Company an aggregate total of US $1.45 million in installments over the period. In addition, it will incur US $3 million in exploration expenditures on the Property over the period. If, at the end of such 36 month period Reyna wishes to acquire the Property, it will pay the Company an additional US $500,000 (for an aggregate total of US $2.15 million), and grant the Company with a 3.0% net smelter return royalty (the “Royalty“) with respect to the Property. Reyna will be required to pay advance royalty payments of US $100,000 annually, until the earlier of (a) a maximum of US $1 million in advance royalty payments having been paid, or (b) commercial production of minerals commences from the Property. Reyna will be able to reduce the Royalty to 2% by paying the Company an additional US $1.0 million, and, thereafter, may reduce the remaining 2% Royalty to nil by paying the Company an additional US $5.0 million.

Santacruz Silver Mining to Transfer the El Gachi Property to First Majestic for US$2.5 Million

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/569-tsx-venture/scz/29677-santacruz-silver-mining-to-transfer-the-el-gachi-property-to-first-majestic-for-us-2-5-million.html

VANCOUVER, Feb. 24, 2017 /CNW/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (“Santacruz” or the “Company”) announces that it has signed a binding agreement (the “Agreement”) to transfer its interest in the El Gachi Property in Sonora State, Mexico to First Majestic Silver Corp. (“First Majestic”) for total consideration of US$2.5 million plus applicable VAT.

The El Gachi Property comprises a 48,057 hectare land package located adjacent to First Majestic’s Santa Elena Mine in Sonora State, Mexico.

Plata Latina Enters Option Agreement with Fresnillo for Naranjillo Property

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http://www.newsfilecorp.com/release/24990/Plata-Latina-Enters-Option-Agreement-with-Fresnillo-for-Naranjillo-Property#.WJx1tDs1_IU

Vancouver, British Columbia–(Newsfile Corp. – February 8, 2017) – Plata Latina Minerals Corporation (TSX-V: PLA) (“Plata Latina“ or the “Company”) is pleased to announce that, through its wholly-owned subsidiary Plaminco S.A. de C.V., it has formally entered into the previously announced option agreement (the “Agreement”) with a wholly-owned subsidiary of Fresnillo PLC (“Fresnillo”) with respect to the Company’s Naranjillo Property (“Naranjillo” or the “Property”). The Agreement provides Fresnillo the option to acquire the Property for a total cash commitment of US$2.15 million, to be paid over 36 months (the “Term”). In addition, Fresnillo is required to spend US$3.0 million in exploration on the Property. With the purchase of Naranillo, Plata Latina retains a 3.0% Net Smelter Return (“NSR”) royalty interest. Naranjillo is situated in Guanajuato, Mexico, consisting of a total of 20,655 hectares, and is adjacent to Fresnillo’s Cerro Blanco Project.

Galore Appoints New President and CFO, a Further Agreement with Amarc to Accelerate the Sale of Taseko, a Loan Arrangement and Shares For Debt Settlement

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http://www.stockhouse.com/news/press-releases/2017/02/07/galore-appoints-new-president-and-cfo-a-further-agreement-with-amarc-to

Vancouver, BC / TheNewswire / Galore Resources Inc. (TSX-V: GRI) (the “Company”) reports that Mr. Uwe Schmidt, Galore’s President and CFO has advised the board of his wish to retire and has provided his resignation as President, Chief Financial Officer and a director, effective immediately.  Mr. Mike McMillan, the Company’s Chief Executive Officer and a director will take the place of President of Galore and Mr. Andrew McMillan will be appointed Chief Financial Officer.  The Company thanks Mr. Schmidt for all his time, effort and involvement with Galore since 2006 and wishes him the best in his retirement and future endeavors.

Millrock Resources Provides Corporate Update for 2017 and Yearly Review for 2016

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/574-tsx-venture/mro/28225-millrock-resources-provides-corporate-update-for-2017-and-yearly-review-for-2016.html

VANCOUVER, BC–(Marketwired – January 12, 2017) – Millrock Resources Inc. (TSX VENTURE: MRO) (“Millrock” or “the Company”) is pleased to provide an update on its exploration activities, an overview of the Company’s goals and growth plans for 2017, as well as a review of 2016 accomplishments.

Millrock continued to rigorously follow the Project Generator-Joint Venture business model and took advantage of low cost acquisition opportunities. Metal prices and investor interest fluctuated significantly over the year, but despite the market fluctuations, Millrock was successful in delivering on the two areas most important to our model: new funding partnerships and new project generation.

Riverside Signs Option Agreement With Centerra Gold Inc. for Tajitos Gold Project in Sonora, Mexico

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http://www.canadianminingjournal.com/press-releases/story/?id=1003713971

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 20, 2015) –Riverside Resources Inc. (“Riverside” or the “Company”) (TSX VENTURE:RRI)(FRANKFURT:R99)(OTC PINK:RVSDF), is pleased to announce that it has entered into an Option Agreement (the “Agreement”) with Centerra Gold Inc. (“Centerra”), whereby Centerra can acquire a 70% interest in the Company’s Tajitos Project (the “Project”). In order to exercise the option, Centerra must incur $6,000,000 USD in aggregate exploration expenditures within approximately four (4) years of signing the Agreement (see table below). Riverside will act as the Project Manager and collect management fees until the earlier of December 31, 2017 or $2,000,000 in exploration expenditures have been completed, after which point Centerra may elect a different Project Manager if they so choose.