Paramount Gold and Silver Corp. ("Paramount") announced today that its independent consultants are nearing completion of a new NI-43-101 compliant resource estimate for its 100%-owned San Miguel Project in Northern Mexico to be followed by a revised Preliminary Economic Assessment (PEA) for the project.
Cyprium Mining Corporation ("Cyprium" or the "Company") announced today that it has commenced drilling on its Las Cristinas property located in Chihuahua State, Mexico. The drilling program which will be carried out in three phases totaling approximately 4,000 meters of drilling will focus on the North Mount and South Mount, a 550 meter long mineralized section located at the southern end of the property where copper production took place in the early 70s.
Canadian Zinc Corporation ("the Company" or "Canadian Zinc") is pleased to announce an 8,000 metre diamond drill program on its wholly owned Tulks South and Long Lake copper-lead-zinc-silver-gold volcanogenic massive sulphide ("VMS") projects in central Newfoundland.
Golden Minerals Company ("Golden Minerals" or the "Company") today announced plans for a July 2014 restart of mining at its Velardena Properties located in Durango state, Mexico. Once mining and processing are ramped up to approximately 285 tonnes per day (tpd) of sulfide ore in mid-2015, the Company expects output of approximately 1.0 to 1.2 million silver equivalent ounces per annum (including silver and gold but excluding lead and zinc), with cash costs between $12 and $15 per silver ounce net of by-product credits.
Alexco Resource Corp. is pleased to announce it has come to an agreement with Silver Wheaton Corp. to amend the Silver Purchase Agreement originally dated October 2, 2008, such that the fixed $3.90 per ounce silver streaming production payment is replaced with a variable production payment based on the spot price of silver, with significant positive implications for Alexco and the Keno Hill Silver District in general.
Victory Ventures Inc. reports that a recent geochemical soil survey has been carried out at the PDL Property, Astro alteration zone, located in the Keremeos-Olalla region of southern British Columbia.
Northern Lion Gold Corp. and the Company's joint venture partner, Centerra Gold (KB) Inc., a subsidiary of Centerra Gold Inc. announces the completion of its 2014 surface exploration program within the Optioned Permits in the Republic of Cyprus.
Avrupa Minerals Ltd. is pleased to provide an update on the recent progress of its exploration projects in Europe. The Company actively operates the Alvalade and Covas Joint Ventures in Portugal and the Slivovo Joint Venture in Kosovo.
Golden Queen Mining Co. Ltd. is pleased to announce that it has entered into an agreement with entities controlled by Leucadia National Corporation and certain members of the Clay family, a shareholder group which collectively owns approximately 27% of the issued and outstanding shares of Golden Queen, to invest US$110 million in cash in exchange for a 50% joint venture interest in the Soledad Mountain Project, subject to approval by Golden Queen's shareholders and certain other conditions.
Athena Silver Corporation is pleased to announce the purchase of 160 acres of land, located in the Calico Mining District, San Bernardino County, California.
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