Further to its news release dated March 03, 2009, Garibaldi Resources Corp. announce that wide spaced soil sampling on the Company’s 100% owned Tonichi Project in Sonora, Mexico has identified a significant “gold in soil” anomaly over one of its high priority hyperspectral target areas. The soil geochemical survey outlined strongly anomalous Au values (112 samples returned gold values...
Minefinders Corporation Ltd. a precious metals mining and exploration company announced that it has achieved commercial production effective May 1, 2009 at its 100% owned Dolores gold and silver mine in the state of Chihuahua, Mexico. The advance to commercial production status is based on the operational and financial performance of the mine to date. Production of gold and silver at the Dolores Mine...
Minefinders Corporation Ltd. reported that the Company has closed its previously announced C$40,020,000 bought deal offering in which a syndicate of underwriters purchased 9,200,000 units from Minefinders for sale to the public at a price of C$4.35 per unit. Each unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder...
Minefinders Corporation Ltd. reported that the company has filed and received a receipt for a final short form universal base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except in the province of Quebec, and a corresponding registration statement on Form F-10/A with the United States Securities and Exchange Commission. These filings allow the...
Minefinders Corporation Ltd. report the commencement of leaching operations at its Dolores gold and silver mine in Chihuahua, Mexico and provide an update on mine operations. Commencement of Leaching and Dolores Update “Leaching of the first ore panel has commenced and we anticipate first gold and silver production in the next few weeks” said Mark Bailey, Minefinders’ President and...
Mr. Sidney Himmel, President and CEO of Trigon Uranium Corp. , and President and CEO of Intercontinental Potash Corp., is pleased to announce that Intercontinental Potash, owned 38 percent by Trigon, has been awarded Utah State Land located in the Dove Creek Project area of interest by way of potash state auction. Further, Trigon announces that Mr. Kevin Strong has been appointed Chief Financial Officer...
President Evo Morales fired two top mining officials late Friday after a clash between rival bands of miners over access to the country’s richest tin deposit left at least 16 dead and more than 60 injured. Reports of a halt to the fighting came after the government sent 700 police to control the mountainside where the mine is located. Officials from the two mining groups also met with government...