Mexoro Minerals Announces Inferred 15.25 Million Tons Grading 2.62 g/t Gold Equivalent at Its Cieneguita Project in Mexico

Mexoro Minerals Ltd. announce that it has updated its preliminary technical report estimate at its Cieneguita Project located in Chihuahua, Mexico. The Company finalized its current drilling program finishing 100 holes for a total of 20,215 meters of drilling. The Company is waiting for the results from... Read more..

Tag: mexoro

Apollo Gold Update Development Activities and Financing of the Black Fox Mine

Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers... Read more..

Tag: financing for gold mine equipment, financing for gold mine, wordpress blogs

Mexoro Minerals Signs Letter of Intent for Project Financing of $9 Million for Its Cieneguita Project

Mexoro Minerals Ltd. Signs Letter Of Intent For Project Financing With Minera Rio Tinto For $9 Million For Its Cieneguita Project. Mexoro Minerals is pleased to announce that it has signed a letter of intent with Minera Rio Tinto to provide immediate funding to the Company to initiate production at its... Read more..

Apollo Gold Commences Development of the Black Fox Mine

Apollo Gold Corporation give an update on the status of activities related to commencement of mining at its 100% owned Black Fox Project (“Black Fox”) located near Timmins, Ontario, Canada. Since April 2008, when Apollo completed the feasibility study on the Black Fox mine, it has made progress on... Read more..

Apollo Gold Repays US$1.9 Million of RMB Resource Loan Early

Apollo Gold Corporation announces that it has prepaid US$1,952,000 of the US$4,789,000 balance outstanding under the facilities agreement with RMB Australia Holding Limited (“RMB”) from proceeds of unwinding part of its hedge position as more fully described below. On October 12, 2007, Apollo entered... Read more..

Tag: alaska apollo gold mines ltd, alaska apollo gold mines, alaska apollo gold ltd

Pershimco Announces Closing of First Tranche of Private Placement

PERSHIMCO RESOURCES INC. announce the closing of the first tranche of a non brokered flow-through private placement for a total of C$ 250,000 to a number of individual investors for a subscription price of C$ 1,000 per unit, that is C$ 0,25 per common shares, subject to the final approval of the TSX... Read more..

Pershimco Initiates Bulk Sampling at Courville Gold Project for Metallurgical Study and Announces a Private Placement

PERSHIMCO RESOURCES INC. report that the Corporation has initiated surface work to extract a minimum 2,500 tons bulk sample from the Thibodeau Intrusive Complex (the “TIC”) on its wholly owned Courville Gold Project, in the Val-d’Or-Malartic Mining Camp. The excavation work follows... Read more..

Gammon Gold Announces Appointment of Senior Vice President of Exploration and Business Development

Gammon Gold Inc. announce the appointment of Mr. Peter Drobeck, as Senior Vice President of Exploration & Business Development. Mr. Peter Drobeck will assume the role of Senior Vice President of Exploration & Business Development effective October 15, 2008. Mr. Drobeck brings with him over... Read more..

Gammon Gold Announces Additional Positive Exploration Drilling Results and a Progress Update on the Scoping Study for the Guadalupe y Calvo Gold-Silver Project

Gammon Gold Inc. announce additional encouraging drilling results from our highly prospective Guadalupe y Calvo exploration property located in Chihuahua State, Mexico as part of the recently enhanced 45,000 to 50,000 metre diamond drilling program currently underway. “The assays results we are... Read more..

Mexoro Minerals Announces Inferred 14.86 Million Tons Grading 2.12 g/t Gold Equivalent at Its Cieneguita Project In Mexico

Mexoro Minerals Ltd. Announces Inferred 14.86 Million Tons Grading 2.12 G/T Gold Equivalent At Its Cieneguita Project. Mexoro Minerals Ltd. is pleased to announce that it has completed a preliminary estimate at its Cieneguita Project located in Chihuahua, Mexico. The Company is in the midst of a 15,000... Read more..