Osisko Gold Royalties steigt bei Arizona Mining ein

Exzellenter Deal für Arizona Mining (T.AZ), die einen starken Aktionär und Projektpartner für das Hauptprojekt Hermosa in Arizona gewinnen:

Arizona Mining to raise $15.59-million from Osisko Gold

2016-03-21 09:37 ET - News Release
Also News Release (C-OR) Osisko Gold Royalties Ltd
Mr. Paul Ireland of Arizona Mining reports

Arizona Mining Inc. has entered into a term sheet with Osisko Gold Royalties Ltd. for a 1-per-cent net smelter royalty on any lead/zinc/silver sulphide ores mined from its Hermosa project for proceeds of $10-million. In addition, Osisko and certain of its insiders will subscribe for a total of 9.99 million units at a price of 56 cents per unit, calculated using the five-day volume-weighted average share price, for gross proceeds of $5.59-million. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant is convertible into one common share of the company at a price of 75 cents for a period of 18 months from closing.

Proceeds from the financings when combined with the company's recent private placement for $2.8-million will be primarily used for an aggressive drill campaign on the Taylor deposit and for general working capital purposes. The royalty is subject to negotiation of a definitive agreement. Closing of the private placement is subject to regulatory approval.

Jim Gowans, Arizona Mining's president and chief executive officer, commented: "The drilling to date that comprises the current resource on the Taylor deposit only tests a small portion of the prospective terrain as defined by geology, geophysics and historic drilling. This drill program will give us a much better idea of the size and grade potential of the deposit. We have two drills currently on site and expect to add an additional three."

Link: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aAZ-2355788&symbol=AZ&region=C

Quelle: stockcharts.com

Mit Unterstützung von Robert Friedland's HPX: Cordoba Minerals startet neues Bohrprogramm auf dem San Matias Kupfer-Gold-Projekt in Kolumbien

Eine sehr interessante Explorationsstory, die es sich lohnt zu verfolgen.

Robert Friedland's High Power Exploration (HPX) hat im Frühsommer einen Multi-Millionen schweren Deal mit Cordoba Minerals (V.CDB) geschlossen und scheint einen größeren Wert in den Rohstoff-Liegenschaften in Kolumbien zu sehen. Ein beachtlicher Deal für Cordoba in diesem Marktumfeld, denn in die Exploration von Rohstoffprojekten wird aktuell kaum mehr Geld weltweit investiert (vor allem nicht in Kolumbien).

HPX unterstrich sein Commitment durch das Engagement in der letzten Finanzierung.

Heute publiziert Cordoba den Start eines neues Bohrprogramms mit dem Fokus auf ein aussichtsreiches Bohrziel, das auf den jüngst erworbenen Liegenschaften im Herzen der riesigen Property lokalisiert ist..

Cordoba Minerals Announces the Commencement of Diamond Drilling at the San Matias Copper-Gold Project

TORONTO, ONTARIO--(Marketwired - Nov. 23, 2015) - Cordoba Minerals Corp. (TSX VENTURE:CDB) ("Cordoba" or the "Company") is pleased to announce the commencement of diamond drilling at the San Matias Copper-Gold Project (the "San Matias Project") in the Department of Cordoba, Colombia. The current diamond drilling campaign will focus on the recently acquired Alacran Property located within the San Matias Project. The planned 3,000 metre diamond drill program will test both strike and vertical extensions of the mineralization, largely within the central and northern parts of the deposit where previous drilling returned 188 metres of 0.71% Cu and 0.25 g/t Au in ASA-012 and 128 metres of 0.84% Cu and 0.45 g/t Au in ASA-014.

Mario Stifano, CEO of Cordoba, commented: "We are excited to commence the initial 3,000 metre diamond drilling program at Alacran where the vertical depth of the deposit is largely untested and remains open over the current 1.3 kilometre strike length including the northern parts of the deposit where some of the best copper-gold intersections have been intersected to date."

Link: http://www.marketwired.com/press-release/cordoba-minerals-announces-commencement-diamond-drilling-san-matias-copper-gold-project-tsx-venture-cdb-2076230.htm

Die aktuelle Firmen-Präsentation ist hier abrufbar.

Quelle: cordobaminerals.com