Posts Tagged ‘Gleichen Resources Ltd.’
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Goldcorp’s divestitures build emerging Juniors
by ckeddy on Jun 8th, 2010
Goldcorp Inc. recently announced that it had entered agreement to sell the San Dimas gold-silver mine in Mexico to Mala Noche Resources Corp. The total purchase consideration of $500 million, consisted of $275 million in cash, $175 million of Mala Noche common shares valued at the...Read More » Tags
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Activity increases in Guerrero Gold Belt
by ckeddy on Apr 27th, 2010
Gleichen Resources Ltd. has announced that drilling is underway at its 100% owned Morelos Gold Project in Mexico, with its first exploration hole nearing completion. Gleichen intends to ramp up its program through the addition of one rig every two months to reach a total of up to four drill rigs actively working on the property this year. Initial results are expected to become available...Read More » Tags
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Newstrike Capital Receives $2 Million Termination Fee
by Michaela Davies on Mar 16th, 2010
Vancouver, B.C., March 16th, 2010 – Newstrike Capital Inc. (“Newstrike” or the “Company”) - www.newstrikecapital.com – announced today that it had received the $2 million termination fee that was due to it under the terms of its share purchase agreement with Desarrollos Mineros San Luis, S.A. de C.V. (“DMSL”). a wholly –owned subsidiary of Goldcorp Inc. Under the share purchase agre...Read More » Tags
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