Silver Standard Resources Inc. report that the sale of the Silvertip Project to Silvercorp Metals Inc. closed on February 26, 2010. Silver Standard was issued 1.2 million common shares of Silvercorp at a deemed price of $6.25 per common share, and received a cash payment of CDN$7.5 million, for total consideration of CDN$15 million for the sale of the Silvertip Project. Gryphon Partners acted as financial...
Pan American Silver Corp. announce that it has been advised by Kingsdale Shareholder Services Inc. (the “Depositary”) that 67,216,956 common shares (the “Aquiline Shares”) of Aquiline Resources Inc. have been deposited to Pan American’s offer to acquire all of the issued and outstanding Aquiline Shares (the “Share Offer”), representing approximately 81.8%...
USCorp (OTCBB:USCS), in order to facilitate ongoing negotiations with a number of mining companies, has uploaded proprietary technical data to a secure website operated by Pandesa ShareVault for viewing by industry professionals. Access to the proprietary data is by invitation only after signing a confidentiality agreement and it is password protected. The information includes: Feasibility Studies...
The management of Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper, provide a status report on the exploration program on its Trek property in northwestern British Columbia that was announced...
Golden Predator Royalty & Development Corp. announces that it has commenced drilling on the St. Elmo Project located 100 km north of Elko, NV. The St. Elmo Project was recently acquired under an option agreement with Nevoro Nevada Inc., a wholly owned subsidiary of Nevoro Inc., and an aggressive exploration program has been initiated on several drill-ready targets on the Project. Drilling at the...
Anglo Swiss Resources Inc., announces that G&T Metallurgical Services Ltd. of Kamloops, British Columbia has completed a Metallurgical Scoping Study for the company’s Kenville Gold Mine Project near Nelson, British Columbia. G& T Metallurgical Services is an integrated mineral process research and development company with laboratories for sample preparation, mineral processing testing,...
GREAT PANTHER RESOURCES LIMITED announce that continuing development along the Recompensa vein, at the Topia Mine, Durango, Mexico, is yielding exceptionally high gold grades in addition to silver, lead and zinc. The Recompensa Mine was one of many of the Topia mines that were reopened in January under new mining contracts. It contributed to the successful first quarter at Topia when record highs were...
SLAM Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick. Using a 2% Zinc Equivalent cut-off and after mill recoveries are factored in, Wardrop estimates the Nash Creek deposit contains an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26...
Silver Standard Resources Inc. has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, other than Quebec, and a corresponding registration statement with the United States Securities and Exchange Commission under the U.S.-Canada multi-jurisdictional disclosure system. These filings, when made final, will allow the company to make...
Apex Silver Mines Limited has received notice from NYSE Alternext US LLC that it is not in compliance with the Exchange’s continued listing standards in that it has sustained losses that are so substantial in relation to its overall operations or existing financial resources, or its financial condition has become so impaired that it appears questionable, in the opinion of the Exchange, as to...