Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and in the Porvenir/Encinal area. The results reported today are from the Villa Rica area, a large altered area defined by high magnetics responses with local zones of elevated copper, gold and [...]
Azucar Minerals Ltd. is pleased to announce that Mr. Grant Hendrickson has been appointed Director of the Company and Mr. Osbaldo Zamora has been appointed Director, Exploration of Azucar. Both appointments are effective immediately. Mr. Hendrickson served as Chief Geophysicist with Ivanhoe Mines Mongolia Inc. from 2002-2008, where he held overall responsibility for the geophysical work which played an important role in [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and Porvenir zone using three rigs. Interpretation of the results to date from the Norte zone provide the following observations: Exploration Targets Drill Plan Map +/- 50m, Looking 63 degrees [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Villa Rica target, the Norte zone and Porvenir zone using three drill rigs. Results presented below represent recent highlights from drilling at the Villa Rica zone: Exploration Targets Drill Plan Map Villa Rica Target Villa Rica [...]
Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has exercised its top-up rights pursuant to the May 18, 2018 Investor Rights Agreement with Azucar. On the exercise of its top-up rights, Newcrest has acquired an additional 222,834 common shares of Azucar at a price of $0.5581 per share, for a total of $124,364 , thereby maintaining its ownership in the Company of 19.9%. The shares issued pursuant to the [...]
Azucar Minerals Ltd. announces that Newcrest Canada Holdings Inc. has confirmed its intention to exercise its top-up rights pursuant to the Investor Rights Agreement with Azucar. The Agreement was executed on May 18, 2018, when Newcrest completed its acquisition of 19.9% of Azucar common shares for $19,074,425, and provides, among other things, a standstill and lock-up on customary terms and conditions, participation and [...]
Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico. Drilling is currently underway at the Norte Zone and at the very north end of the Villa Rica target which is located south of the Norte Zone. Results received to date from the ongoing drilling program include the following highlights: Exploration Targets Drill Plan [...]
Azucar Minerals announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees and consultants of the Company to purchase an aggregate 3,959,200 common shares in the capital of the Company at an exercise price of $0.60 per share which expire on April 28, 2021. Azucar is an exploration company with a mandate to thoroughly explore the El Cobre project, an ~7,300 Ha property [...]
VANCOUVER, British Columbia, June 13, 2018 -- Azucar Minerals Ltd. is pleased to announce that drilling has commenced at its El Cobre porphyry copper-gold project in Veracruz State, Mexico. The last few months have been spent preparing for this drill campaign with surface and soil geologic and alteration focused mapping and sampling, core relogging and drill site preparation work. Drilling is currently underway at the [...]
Almadex Minerals is pleased to announce that it has closed the previously announced statutory plan of arrangement under Section 288 of the Business Corporations Act to spin-out Old Almadex’s early stage exploration projects, royalty interests, and certain other assets into Almadex Minerals effective at 12:01 a.m. on May 18, 2018 . At the Effective Time, Old Almadex changed its name from Almadex Minerals Ltd. to [...]
Almadex Minerals is pleased to announce that shareholders at its Special Meeting of shareholders held today in Vancouver have voted 99.97% in favour of a special resolution approving a statutory plan of arrangement under Section 288 of the Business Corporations Act to spin-out Almadex’s early stage exploration projects, royalty interests, and certain other assets into 1154229 B.C. Ltd. as described in [...]
Almadex Minerals announces that, further to its news release dated February 26, 2018, the Company has mailed and filed its Notice of Special Meeting of Shareholders and the related Management Information Circular which describes, amongst other things, the proposed spin-out of Almadex’s early stage exploration projects, royalty interests and certain other assets, into a new public company . The Circular and other [...]
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