Posts tagged "Mines"

Penny Stock News: Ivanhoe Mines Ltd. (IVPAF: OTCQX International Premier) | Ivanhoe Mines files NI 43-101 technical report on the new, independently verified Mineral Resource estimate for the Kakula Copper Discovery in the Democratic Republic of Congo

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF), announced today that, further to its news release dated October 12, 2016, the company has filed a National Instrument 43-101 technical report on the new, independently verified Mineral Resource estimate for the high-grade Kakula Copper Discovery at the Kamoa-Kakula Project in the Democratic Republic of Congo (DRC). The Kamoa-Kakula Project is a joint venture between Ivanhoe Mines, Zijin Mining and the DRC government. The Kakula Mineral Resource estimate was prepared by Ivanhoe Mines under the direction of Dr. Harry Parker and Gordon Seibel, both RM SME, of Amec Foster Wheeler E&C Services Inc., of Reno, Nevada, USA. Dr. Parker and Mr. Seibel are the Qualified Persons for the estimate, which has an effective date of October 9, 2016. The Independent NI 43-101 Technical Report was prepared by OreWin Pty Ltd., Amec Foster Wheeler E&C Services Inc. and SRK Consulting (South Africa) (Pty) Ltd. The report – titled Kamoa-Kakula 2016 Resource Technical Report, November 18, 2016 – has been filed on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website at www.ivanhoemines.com. Copyright © 2016 Marketwired. All Rights Reserved The above news release has been provided by the […]

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Posted by admin - November 25, 2016 at 11:45 pm

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Penny Stock News: Ivanhoe Mines Ltd. (IVPAF: OTCQX International Premier) | Ivanhoe Mines and Zijin Mining sign landmark agreement to transfer an additional 15% interest in the Kamoa-Kakula Copper Project to the government of the Democratic Republic of Congo

Agreement concludes four years of negotiation and confirms the support and the desire of the DRC to be a prominent partner in the building of the world-scale Kamoa-Kakula Copper Project KINSHASHA, DEMOCRATIC REPUBLIC OF CONGO–(Marketwired – Nov 18, 2016) – Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF), and Lars-Eric Johansson, Chief Executive Officer, announced today that Ivanhoe and its joint-venture partner, Zijin Mining Group Co., Ltd., have signed a landmark agreement that confirms the support and desire of the government of the Democratic Republic of Congo (DRC) to be a prominent partner in the development of the Kamoa-Kakula Copper Project. The agreement, which was signed in Kinshasa, DRC, by the Minister of Mines and Minister of Portfolio on November 11, 2016, transfers an additional 15% interest in the Kamoa-Kakula Copper Project to the DRC government, increasing its total stake in the project to 20%. As a result of the transaction, Ivanhoe Mines and Zijin each hold an indirect 39.6% interest in the Kamoa-Kakula Copper Project while Crystal River Global Limited holds an indirect 0.8% interest and the DRC Government holds a direct 20% interest in the Kamoa-Kakula Copper Project. “This is a historically significant event for the people of […]

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Posted by admin - November 18, 2016 at 8:52 am

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Penny Stock News: West Red Lake Gold Mines, Inc. (RLGMF: OTCQB) | WEST RED LAKE GOLD STARTS FALL EXPLORATION DRILL PROGRAM

WEST RED LAKE GOLD STARTS FALL EXPLORATION DRILL PROGRAM Sep 22, 2016 OTC Disclosure & News Service Toronto, ONT, Canada This release includes additional documents. Select the link(s) below to view. RLG NR Fall 2016 Exploration Plan. Sept 22, 2016.pdf Copyright © 2016 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - September 23, 2016 at 5:18 am

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Penny Stock News: OTC Markets Group Congratulates Klondex Mines on NYSE MKT Listing

NEW YORK, Oct. 7, 2015 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM) is pleased to congratulate Klondex Mines Ltd., a Canada-based gold and silver mining company, on its graduation today to the NYSE MKT from the OTCQX® Best Market. Logo – http://photos.prnewswire.com/prnh/20110118/MM31963LOGO In its three and a half years traded on the OTCQX market, Klondex Mines’ share price rose 25% and its 3-month average daily dollar volume increased nearly 740%.  The company has a current market capitalization of $ 314.5 million. “We applaud Klondex Mines on its graduation to the NYSE MKT and are proud to have contributed to its achievement of this important milestone,” said Jason Paltrowitz, Executive Vice President – Corporate Services of OTC Markets Group.  “More companies choose our OTCQX Best and OTCQB Venture Markets to access the U.S. investment market, expand their shareholder base and grow their companies – whether they remain here or continue to a U.S. exchange listing.”  Klondex Mines is the 47th company to graduate to a U.S. stock exchange this year.  Other 2015 graduates include: CRH Medical Corp., Staffing 360 Solutions, Inc. and WMIH Corp. OTC Markets Group is a global leader in exchange graduates, advancing more than 400 companies to the New […]

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Posted by admin - October 8, 2015 at 2:36 am

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Penny Stock News: Klondex Mines Ltd. (KLNDF: OTCQX International) | Klondex Modifies NYSE MKT Exchange Symbol to “KLDX”

VANCOUVER, BC–(Marketwired – October 06, 2015) – Klondex Mines Ltd. (“Klondex” or the “Company”) (TSX: KDX) (OTCQX: KLNDF) announced yesterday that its common shares were approved to begin trading on the NYSE MKT LLC (“NYSE MKT”) on October 7, 2015 under the symbol “KDX”. Upon the NYSE’s re-examination it was determined that the symbol “KDX” is unavailable and, as such, the Company has selected “KLDX” as its NYSE MKT symbol. As previously announced, the Company’s shares will continue to be listed on the Toronto Stock Exchange under the symbol “KDX” and Klondex will withdraw its shares from listing on the OTCQX concurrent with listing on the NYSE MKT. About Klondex Mines Ltd. (www.klondexmines.com) We are a well-capitalized, junior-tier gold and silver mining company focused on exploration, development, and production in a safe, environmentally responsible, and cost-effective manner. We have 100% interests in two mineral properties: the Fire Creek project and the Midas project ore milling facility, both of which are located in the State of Nevada, USA. Fire Creek is located approximately 100 miles south of Midas. Forward-looking Information This press release contains certain information that may constitute forward-looking information or forward-looking statements under applicable Canadian and United States securities […]

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Posted by admin - October 6, 2015 at 8:15 pm

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Penny Stock News: Klondex Mines Ltd. (KLNDF: OTCQX International) | Klondex Approved for Listing on NYSE MKT Exchange Under the Symbol “KDX”

VANCOUVER, BC–(Marketwired – October 05, 2015) – Klondex Mines Ltd. (“Klondex” or the “Company”) is pleased to announce its common shares are approved to begin trading on the NYSE MKT LLC (“NYSE MKT”) on October 7, 2015 under the symbol “KDX”. The Company’s shares will continue to be listed on the Toronto Stock Exchange, also under the symbol “KDX”. Klondex will withdraw its shares from listing on the OTCQX concurrent with listing on the NYSE MKT. Paul Huet, President and Chief Executive Officer commented, “Klondex continues to evolve as a company. Completing the listing on the NYSE MKT is an important milestone and another example of the Company doing what it said it would do. With this listing, we look forward to increasing our exposure to U.S. institutional and retail investors.” About Klondex Mines Ltd. (www.klondexmines.com)We are a well-capitalized, junior-tier gold and silver mining company focused on exploration, development, and production in a safe, environmentally responsible, and cost-effective manner. We have 100% interests in two mineral properties: the Fire Creek project and the Midas project ore milling facility, both of which are located in the State of Nevada, USA. Fire Creek is located approximately 100 miles south of Midas. Forward-looking […]

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Posted by admin - October 5, 2015 at 11:12 am

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Penny Stock News: Callinex Mines Inc. (CLLXF: OTCQX International) | Callinex Intersects 44.2 Meters of 4.0% Copper Equivalent Mineralization

Callinex Intersects 44.2 Meters of 4.0% Copper Equivalent Mineralization Apr 24, 2015 OTC Disclosure & News Service Vancouver, BC, Canada This release includes additional documents. Select the link(s) below to view. Callinex News Release – 04.24.2015 – Callinex Intersects 44.2 Meters of 4.0% Copper Equivalent Mineralization .pdf Copyright © 2015 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - April 25, 2015 at 7:57 am

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Penny Stock News: Endeavour Mining Corporation (EDVMF: OTCQX International) | Endeavour Mining Files Technical Reports for Agbaou and Youga Gold Mines

VANCOUVER, March 27, 2015 /CNW/ – Endeavour Mining Corporation (“Endeavour” or the “Corporation”) (TSX:EDV) (ASX:EVR) (OTCQX:EDVMF) has filed NI 43-101 technical reports entitled “Technical Report, Mineral Resource and Reserve Update for the Agbaou Gold Mine, Côte d’Ivoire, West Africa“, and “Technical Report, Mineral Resource and Reserve Update for the Youga Gold Mine, Burkina Faso, West Africa” both with an effective date of December 31, 2014 on SEDAR. The reports are available at www.sedar.com, www.asx.com.au, and www.otcqx.com. About Endeavour Mining Corporation Endeavour is a Canadian-based intermediate gold mining company producing 500,000 ounces per year from four mines in West Africa.  Endeavour is focused on effectively managing its existing assets to maximize cash flow as well as pursuing organic and strategic growth opportunities that benefit from its management and operational expertise. On behalf of Endeavour Mining Corporation Neil WoodyerChief Executive Officer This news release contains “forward-looking statements” including but not limited to, statements with respect to Endeavour’s plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology […]

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Posted by admin - March 27, 2015 at 7:33 pm

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Penny Stock News: Callinex Mines Inc. (CLLXF: OTCQX International) | Callinex Commences Phase One Drilling Campaign at Pine Bay Project

Callinex Commences Phase One Drilling Campaign at Pine Bay Project Mar 06, 2015 OTC Disclosure & News Service Vancouver, BC, Canada This release includes additional documents. Select the link(s) below to view. Callinex Commences Drilling – 03.02.2015.pdf Copyright © 2015 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - March 7, 2015 at 5:08 am

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Penny Stock News: Tintic Standard Gold Mines Executes Two Mining Leases

COEUR D’ALENE, Idaho, March 6, 2015 /PRNewswire/ — Tintic Standard Gold Mines (OTC: TNTC) is pleased to announce that it has executed long term mining leases on the Lexington Silver Mine located in Cascade County near Niehart, Montana and the Grey Eagle Copper/Gold Mine is located in Siskiyou County near Happy Camp, California The leases are subject to quarterly advance royalty payments and other work requirements details of which will be announced at a later date. The company is now in the process of assembling and evaluating all of the historical data on these two projects. For More Information Please Contact: Mr. John Ryan | President & CEOPhone: (208)209-9868Cell: (843) 290-8930Fax: (2080 109-9869E: silver4262@yahoo.com Cautionary Statement Regarding “Forward-Looking” Information Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject […]

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Posted by admin - March 6, 2015 at 8:34 pm

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