Paramount Gold and Silver Corp. ("Paramount" or the "Company") announced today that the proposals related to the merger agreement with Coeur Mining, Inc. ("Coeur") were approved by both Paramount and Coeur stockholders and that the transaction has closed. Immediately prior to the consummation of the merger, Paramount distributed pro rata to its stockholders 8,101,371 shares of Paramount's wholly-owned subsidiary, Paramount Gold Nevada Corp. ("SpinCo"). SpinCo is expected to begin "regular way" trading on the NYSE MKT on April 20, 2015 under the symbol "PZG", CUSIP number 69924M109.
Preston Corporation announces the company has acquired an option on the Kwamagome Gold Project located south of Handeni, Tanzania, which is immediately north of the one million ounce East Africa Metals (formerly Canaco Resources) Magambazi Deposit (43-101 Qualified Proven, Probable and Inferred Resource). The Company will pay $1,000,000 to acquire an 80% interest over the next 5 years.
Gold Standard Ventures Corp. ("Gold Standard" or the "Company") reports that it has today filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") on the Dark Star Gold Deposit (the "Report"). The Report supports the disclosure made by the Company in its news release on March 3, 2015 entitled " Gold Standard completes initial resource estimate for the Dark Star Gold Deposit, Carlin Trend Nevada" and there are no material differences in the mineral resources contained in the Report from those disclosed in the news release.
Vanstar Mining Resources Inc. (« Vanstar ») is pleased to announce that it has expanded the Nelligan Project located near Chapais, Northern Quebec, under option (the "Option") by IAMGOLD Corporation ("IAMGOLD"), through the staking of 6 additional claim units (approximately 336 hectares) . The newly-staked ground is contiguous to the existing property but is not included within and under the terms of the Option.
Legend Gold Corp. (the "Company" or "Legend") is pleased to announce that it has entered into a share purchase agreement with 2431807 Ontario Limited (the "Purchaser"), the President of which is Scott Waldie, a former President and Director of Legend, whereby the Purchaser will acquire all of the outstanding shares of Legend's wholly-owned subsidiary which controls the Tabakorole Property ("Property").
Avrupa Minerals Ltd. is pleased to announce that the Company's partner at Slivovo, Byrnecut International Ltd. (BIL), has completed Phase 2 funding, and has earned-in to 51% of the Project. BIL has also notified Avrupa that it will continue to fund the next phase of the project, the 75% earn-in, as previously described in the Avrupa Minerals news release of April 16, 2014, by funding a further one million Euros of exploration expenditures. Avrupa is the operator of the Slivovo Gold Project.
Brian Arkell, CEO and President of Caza Gold Corp. (the "Company") is pleased to provide an update on the progress of the 2015 exploration program currently underway on the Los Andes Project in Nicaragua. The Los Andes project is located one hour east of Managua along the Pan American highway and is close to major infrastructure.
Candente Copper Corp. ("Candente Copper", "Company") is pleased to announce that Compañia Minera Zahena S.A.C. ("Zahena") has all permits in hand to commence drilling the Arikepay copper-gold porphyry project, located in southern Peru.
INCA ONE GOLD CORP. is pleased to announce that since its press release of February 24, 2015, its wholly owned subsidiary Chala One SAC has recovered an additional total of 1,665 ounces (51,828 grams) of gold and 1,119 ounces (34,789 grams) of silver from 2,303 tonnes of material in connection with operations undertaken from February 25, 2015, through April 8, 2015.
Precipitate Gold Corp. is pleased to announce results and interpretation of a ground magnetics geophysical survey at the Ginger Ridge Zone within the Company's Juan de Herrera project in the Dominican Republic.
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