Otis Gold Corp. (TSXV:OOO) is pleased to announce the appointment of Don Poirier to the Company’s Board of Directors. Mr. Poirier was previously the Vice President of Corporate Development at Hecla Mining Company and was an integral part of the team responsible for Hecla’s acquisition of Aurizon Mines Ltd. in
OK2 Minerals (TSXV:OK) (the “Company” or “OK2”) is pleased to announce that Hecla Mining Company (NYSE:HL) (“Hecla”), has commenced an airborne geophysical survey over its Kinskuch property in the southern portion of BC’s “Golden Triangle”. Pursuant to a cost-sharing agreement with Hecla specifically related to this work, the airborne survey
By Melissa Shaw
Hecla Mining (NYSE:HL) (Hecla or the Company) today announced first quarter financial and operating results.
First Quarter 2017 Highlights:
Net income applicable to common stockholders of $26.7 million, or $0.07 per basic share.
Adjusted net income applicable to common stockholders of $16.7 million, or $0.04 per basic share.
Sales of $142.5
By Melissa Shaw
Southern Silver Exploration (TSX Venture:SSV)(OTCQB:SSVFF)(Frankfurt:SEG1)(SSE:SSVCL) (“Southern”) has acquired strategic mineral claims adjacent to the southwest of its Cerro Las Minitas project located 70 kilometres northeast of Durango, Durango State, Mexico.
The claim package comprises 2 concessions, known as Biznagas and Los Lenchos, totaling 9600 hectares, which are contiguous to the south and
Canamex Resources Corp. (TSXV:CSQ; OTCQX:CNMXF; FSE:CX6). and Patriot Gold Corp. have closed the transaction whereby Canamex Resources has purchased Patriot Gold’s 30-per-cent working interest in the Bruner gold/silver mine for $1-million (U.S.) cash.
By Melissa Shaw
Cash and Cash-Like Investments Now $213 Million; a $14 Million Increase Over Year-End
Hecla Mining Company (NYSE:HL) today announced preliminary production, operating costs and cash balance for the first quarter of 2017.
First Quarter 2017 Highlights (Preliminary Results)
Silver production of 3.4 million ounces; gold production of 56,113 ounces.
Silver equivalent production
Medallion Resources Ltd. (TSXV:MDL, OTCQX:MLLOF), today reported that the first phase of its advanced process test-work to extract rare-earth elements (REE) from monazite sand has yielded positive results.
Canamex Resources Corp. has arranged a private placement for gross proceeds of up to $2-million, subject to acceptance by the TSX Venture Exchange. These funds will be raised by the Company issuing up to 16,666,667 units (the “Units”), at a price of $0.12 per Unit, each Unit consisting of one
Golden Minerals Company (NYSE MKT and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announces that Minera Hecla S.A. de C.V. (“Hecla”) has exercised its right to extend the lease of Golden’s oxide mill in Durango State, Mexico for an additional 18 months, through December 31, 2018. Additionally, Golden announces
Canamex Resources Corp. (TSXV:CSQ; OTCQX:CNMXF; FSE:CX6). and Patriot Gold Corp. have signed a letter of intent whereby Canamex Resources will purchase Patriot Gold’s remaining 30-per-cent working interest in the Bruner gold/silver mine for $1.0-million (U.S.) plus the retention by Patriot of a 2-per-cent net smelter return royalty.
Tres-Or Resources Ltd. (“Tres-Or”) (TSX-V: TRS, OTCPK: TRSFF) has initiated its first drill program at the Fontana Gold Project, 60 km north of Val-d’Or, Quebec. The expected 3-hole 750 metre drill program is now underway to confirm significant gold mineralization reported in historical drilling and extend our understanding of
And yes, $5,000 gold is still a possibility in the future.
Medallion Resources Ltd. (TSXV:MDL, OTCQX:MLLOF), at the request of Canadian regulatory authority IIROC, confirms that its management is unaware of any material change to the Company or its business that would account for the recent increase in market activity.
Brixton Metals Corporation (TSXV:BBB) pleased to announce that it has entered into a letter agreement with Gravitas Securities Inc. (the “Agent”), with a syndicate of agents, in connection with a best efforts private placement offering of up to $4.0 million (the “Private Placement”). The Private Placement will consist of any
Brixton Metals Corp. has entered into a letter agreement with Gravitas Securities Inc., with a syndicate of agents, in connection with a best efforts private placement offering of up to $4-million. The private placement will consist of any combination of units to be issued at a price of 50 cents
Brixton Metals Corp. has released project updates for its gold-silver properties located in both Ontario and British Columbia, Canada.
The company has filed with the mineral title division of the Ministry of Energy, Mines and Petroleum Resource the 2016 assessment report on the Thorn project located in Northwest British Columbia.
By Jocelyn Aspa
Azimut Exploration (TSXV:AZM) has announced a ground-based gravity survey will commence on its 100-percent owned Eastmain West Property in Quebec.
As quoted in the press release:
The objective is to better define the lateral and depth potential of a kilometre-scale high-grade chromite target zone. Recently reported channel sampling results from this part
Everton Resources (TSXV:EVR) announces the closing of the 1st tranche of its non-brokered private placement by issuing 9,995,000 units of the Corporation for gross proceeds of $499,750. Each Unit consisted of one common share (the “Common Share”) of the Corporation at a price of $0.05 per Common Share and one-half common