Tarsis Resources Ltd. (TSXV:TCC) signed a non-binding Letter of Intent to acquire a 100% interest in four gold/silver properties from Almaden Minerals Ltd (TSX:AMM,NYSE:AAU): two of the properties are located in Mexico, and two are located in Nevada. Under the Letter of Intent, Tarsis will acquire a 100% interest in the Yago, Gallo de Oro, Mezquites and San Pedro properties in Mexico, and the BP and BJS properties in Nevada for 4 million common shares and grant a 2% net smelter returns (NSR) royalty on any production from the projects.
Articles Tagged "gold properties"
Mining Weekly reported that junior miner Sovereign Gold has received more funding from Chinese State-owned Jiangsu Geology and Engineering to push forward with projects in New South Wales.
Ditem Explorations Inc. (TSXV:DIT) announced that it has reached a private placement deal to raise gross proceeds of up to $1 million.
CNBC reported that two miners were killed in a mining accident in an AuRico Mexico gold mine, and that gold production would likely be impacted for the remainder of the year.
Brigadier Gold Limited (TSXV:BRG) announced assay results from the Tsiquire Project, near Gorongosa, Mozambique.
Business Insider reported that protesters and riot police clashed in protests over a proposed gold mine in Greece's Halkidiki peninsula. A multi-million gold mining project in the area was cancelled after similar protests ten years ago.
Pershimco Resources Inc. (TSXV:PRO) announced drilling results from its Cerro Quema property on the La Pava and Quemita/Quema deposits.
North Springs Resources Corp. (OTCBB:NSRS,OTC Pink:NSRS) announced an update on its intent to purchase a stake in a Ghana-based gold property.
Gold price has been strong by any standard for a decade, the use of the search term “gold price” with the Google search engine, has been suggested by Edward Ritchie, Senior Investment Analyst at Manulife Asset Management to be a general gauge for confidence in the United States economy.