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Tag "mining"

Klondex Mines Retires Short-Term Debt 0

RENO, NV and VANCOUVER, BC — (Marketwired) — 10/22/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, today announces that all short-term debt has been repaid using proceeds from the recent financing and monies received from shipments of mineralized material. The retired debt includes C$2.4mm in bridge loans issued in July and C$1.65mm debt issued in 2010 all of which were to mature on November 30, 2013.Unsecured debt of C$7mm, issued in Nov

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Darwin Commences Ground Geophysical Survey at Suriloma Peru 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/16/13 — . ("Darwin" or "the Company") (TSX VENTURE: DAR)(PINKSHEETS: DARWF)(FRANKFURT: DWU) announces that it has commenced a ground geophysical induced polarization ("IP") survey at its Suriloma project in the Department of La Libertad, Peru. Suriloma is located in a pedigreed epithermal gold belt, just 30km from Barrick-s Lagunas Norte (14 Moz contained gold) and 50km from Rio Alto-s La Arena mine (2.3 Moz gold

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Klondex Mines Infill Drilling Extends Continuity of Vein Structures to the North and South; Intercepts 286.8 g/t (8.4 opt) Gold Over 2.0m (6.5ft) in the North 0

RENO, NV and VANCOUVER, BC — (Marketwired) — 10/08/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF)61.9 g/t (1.8 opt) gold over 0.9m (3.1ft) in FC-13-079U211.0 g/t (6.2 opt) gold over 0.2m (0.6ft) in FC-13-085U43.3 g/t (1.3 opt) gold over 1.1m (3.7ft) in FC-13-089U23.2 g/t (0.7 opt) gold over 1.5m (5.0ft) in FC-13-092UKlondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, reports the results of 20 drill holes in its continuing underground infill dri

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Klondex Mines Raises C$595,000 via Warrant Exercise by Largest Shareholder; Receives Proceeds From First Shipment With Newmont of C$1.8mm 0

VANCOUVER, BC — (Marketwired) — 09/23/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, announced today that its largest shareholder, The K2 Principal Fund L.P. ("K2"), has exercised warrants to purchase 500,000 common shares of Klondex ("Common Shares") for C$1.19 per share, generating total proceeds to Klondex of C$595,000.The warrants were subject to early expiry should the daily volume-weighted average price of the C

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Klondex Mines- Updated Mineral Resource Estimate Verifies Continuity and High Grades at Fire Creek 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 09/16/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, reports that its mineral resource estimate for its 100%-owned Fire Creek underground gold project is complete. The new resource estimate consists of Measured and Indicated resources totaling 295,900 ounces of gold at 44.7 g/t (1.304 opt) Au and Inferred resources of 421,400 ounces of gold at 19.2 g/t (0.560 opt) Au at Fire Creek, applying a

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Klondex Appoints Ritch Hall as Special Advisor to the Board; Larry Phillips Steps Down as Chairman 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 09/13/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) announced today that Larry Phillips has resigned as Chairman of the Board as well as his position as a member of the Board of Directors. Blair Schultz, a member of the Klondex Board, was subsequently appointed as Klondex Interim Chairman.Klondex also announced today that Richard J. (Ritch) Hall has joined the company as a Special Advisor to the Board. Mr. Hall and Paul Huet, Klondex President

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Klondex Mines Underground Development Yields 1,465 Tons of 32.7 g/t (0.95 opt) Gold in July 0

ELKO, NV and VANCOUVER, BC — (Marketwired) — 09/12/13 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold exploration and development company, today reported that its underground development program, targeting the Joyce and Vonnie structures within the Main Zone of its Fire Creek project, yielded 1,329 tonnes (1,465 tons) of mineralized material in July at an average grade of 32.7 g/t (0.95 opt) gold. Underground development at the Fire Creek project over the last three months has

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Mawson West Updates Q2 Production and Discusses Goals 0

WEST PERTH, AUSTRALIA — (Marketwired) — 09/10/13 — Mawson West (TSX: MWE) CEO Bruce McFadzean was interviewed by The Wall Street Analyzer and updated investors on the company-s Dikulushi property and recent Q2 production. The mine produced almost 5200 tons of copper in concentrate and also produced just under half a million ounces of silver. Mawson West also has cash and term deposits of just under $40 million at the end of the second quarter of 2013. McFadzean discussed some of the trends i

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Brazil-s Minas-Rio Iron Ore Mine Project On-Track for Completion in Late 2014, an Industrial Info News Alert 0

CORDOBA, ARGENTINA — (Marketwired) — 09/04/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — International Anglo American plc (London, England), through its subsidiary Anglo Ferrous Minas-Rio Mineracao SA (Conceicao do Mato Dentro, Brazil), is advancing with construction of its Minas-Rio iron ore mine, located in Minas Gerais state in southern Brazil. The company has announced that the project has 5.77 billion tons of resource and is targeting first ore on ship (FOOS) in l

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