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
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
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
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.
And yes, $5,000 gold is still a possibility in the future.
VANCOUVER, BC–(Marketwired – September 12, 2016) – Colombian Mines Corporation (“Colombian Mines” or the “Company”)(TSX VENTURE: CMJ)(FRANKFURT: X6C) is pleased to announce highly favorable metallurgical tests which yielded flotation concentrates containing 18.26 grams gold per tonne (g/T Au), 10,025 grams per tonne (g/T Ag) and 262.6 kilograms copper per metric
By Jocelyn Aspa
Helca Mining Company (NYSE:HL) and Mines Management (NYSE MKT:MGN; TSX:MGT) have announced a merger agreement wherein Helca acquires Mines Management.
As quoted in the press release:
In the proposed merger, each outstanding common share1 of Mines Management will be exchanged for 0.2218 of a common share of Hecla. This represents a 41%
Hecla Mining Co. (NYSE:HL) released preliminary Q1 2016 silver and gold production results, commenting that it achieved record silver output of 4,642,703 — that’s up 61 percent from the year-ago period. Meanwhile, gold production clocked in at 55,688, up 37 percent.
Hecla Mining Co. (NYSE:HL) announced that in 2015 its sales totaled $443.6 million, while gross profit came in at $38.5 million.
Hecla Mining Co. (NYSE:HL) announced preliminary production results for Q4 2015, as well as the year as a whole, commenting that they exceeded its expectations.
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