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Featured mining stocks

SilverCrest Metals Inc.

(TSXV: SIL.V; OTCQX: SVCMF)

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

SilverCrest Metals (TSXV: SIL.V; OTC: SVCMF) Presentation at #VRIC17

Mining News

Great Bear's (TSXV: GBR) Drilling Returns High Grade #Gold at Dixie Project, Red Lake, Ontario
Vancouver, British Columbia - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today announced results from the first 5 drill holes of its Phase 2 drill program at its Dixie project in the Red Lake district of Ontario.

Benton (TSXV: BEX) Receives Results from Rio Tinto on Bark Lake Option
Thunder Bay, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the receipt of positive exploration results from a diamond drill program completed by its partner, Rio Tinto Canada Exploration Inc. ("Rio Tinto") on the Company's Bark Lake Cu-Ni-PGE ("copper-nickel-platinum group element") project.

Aurania (TSXV: ARU) (OTCQB: AUIAF) Begins Trading on the OTCQB Venture Market in the U.S.
Toronto, Ontario - May 25, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) ("Aurania" or the "Company") is pleased to announce that its common shares are now trading on the OTCQB Venture Market ("OTCQB"), a U.S. trading platform that is operated by OTC Markets Group in New York.

Graphite Mine Progressing in Madagascar
May 25, 2018 (Investorideas.com Newswire) Proven and Probable's Maurice Jackson interviews DNI Metals Executive Chairman Dan Weir, who discusses his company's plans for its projects in Madagascar.

A Canadian Precious Metals Play Acquiring Property in Prolific Mining Camp
May 25, 2018 (Investorideas.com Newswire) A Canadian precious metals mining company recently announced its newest acquisition, as well as 2018 drilling plans for its other major projects.

Undervalued, Montney Oil E&P 'Too Cheap to Ignore,' Says Analyst
May 25, 2018 (Investorideas.com Newswire) Analyst Tom Erik Kristiansen with Pareto Securities made the case for investing in this energy company.

Explorer Drills 387 Meters at 0.78% Copper in Argentina, But No One Cares
May 24, 2018 (Investorideas.com Newswire) Peter Epstein of Epstein Research makes the case for a South American copper project with what he views as excellent mineralization that is open at depth and in all directions.

Gold Producer's Asset Sale to Bolster Balance Sheet
May 24, 2018 (Investorideas.com Newswire) CIBC reported on this Canadian company's latest business deal.

Carube Copper (TSXV: CUC) Announces Earn-In Option on its Rogers Creek #Copper Project
Toronto, Ontario - May 24, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Carube Copper Corp. (TSXV: CUC) (the "Company") is pleased to announce that the Company has signed an option agreement on its 100% owned Rogers Creek Copper Project located in southwest British Columbia.

Forum Energy #Metals (TSXV: FMC) Plans Summer Drilling in the Wollaston #Copperbelt, Saskatchewan
Vancouver, British Columbia - May 24, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that it plans to commence a diamond drill program in July on its Janice Lake sedimentary copper project located in northern Saskatchewan's Wollaston Copperbelt.

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Mining News from Global Newswire

MBMI Files Year End Financial Statements

MARKHAM, Ontario, May 25, 2018 (GLOBE NEWSWIRE) -- MBMI RESOURCES INC. ("MBMI" or the "Company") (NEX:MBR.H) announces that it has filed its audited annual financial statements for the year ended January 31, 2018 ("Financial Statements"), and the related management's discussion and analysis of those financial statements ("MD&A"). Copies of the Financial Statements and MD&A can be accessed on SEDAR at www.sedar.com.

Contacts:

For further information relating to the Company or this release, please refer to MBMI's website at www.mbmiresources.com.

Cautionary Statement:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseNo stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of MBMI Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from MBMI’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by MBMI with the TSX Venture Exchange and securities regulators.  MBMI Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Joseph Chan
+1 (647) 299-9203
Email: mbmi@mail.com

Conifex Announces Offering of Subscription Receipts and Filing of Preliminary Short Form Prospectus

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, May 25, 2018 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex" or the "Corporation") (TSX:CFF) is pleased to announce that it has filed a preliminary short form prospectus with applicable Canadian securities regulatory authorities with respect to a marketed offering of the Canadian dollar equivalent of approximately US$50 – US$55 million (the "Offering") of subscription receipts (the "Subscription Receipts") of the Corporation.

The net proceeds of the Offering are expected to be used to partially finance the previously announced acquisition (the "Acquisition") by Conifex, through its wholly owned subsidiary, of all of the outstanding membership interests of each of Caddo River Forest Products, LLC, Suwannee Lumber Holding Company, LLC and Suwannee Timber Management, LLC (the "BW Group"), which own and operate the Suwannee sawmill in Cross City, Florida and the Caddo River sawmill in Glenwood, Arkansas.

The underwriting syndicate for the Offering will be made through a syndicate of underwriters led by Raymond James Ltd. and will include CIBC Capital Markets and RBC Capital Markets.

Each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action, one common share of the Corporation upon closing of the Acquisition.

The Corporation will apply to list the Subscription Receipts and the underlying common shares on the Toronto Stock Exchange. The Offering is expected to close in June 2018 and is subject to receipt of the prior approval of the Offering by the Toronto Stock Exchange and other customary closing conditions.

For further information regarding the Acquisition, please refer to the Corporation's news release dated May 15, 2018 and the preliminary short form prospectus in respect of the Offering, a copy of which is available under the Corporation's profile on SEDAR at www.sedar.com.

The Subscription Receipts will be offered in all provinces of Canada other than Quebec. Subject to applicable law and the provisions of the underwriting agreement to be entered into between the Corporation and the underwriters, the underwriters may offer the Subscription Receipts outside of Canada, including in the United States in reliance on applicable private placement exemptions under United States federal and state securities law.

This Offering is only made by short form prospectus. There will not be any sale of the securities being offered until a receipt for the final short form prospectus has been issued.  The description of the Subscription Receipts set forth above is qualified in its entirety by the subscription receipt agreement and the summary thereof contained in the preliminary short form prospectus.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold to, or for the account or benefit of, persons in the United States or to U.S. Persons (as such term is defined in Regulation S under the U.S. Securities Act), except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Corporation's securities to, or for the account or benefit of, persons in the United States or U.S. Persons.

About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, British Columbia.

For further information, please contact:
Yuri Lewis, Chief Financial Officer at (778) 331-8687

Forward-Looking Statements
This press release contains forward looking statements with respect to Conifex and the proposed Acquisition and Offering, including statements regarding the expected use of proceeds of the Offering and the expected Offering and Acquisition closing dates. Although the Corporation believes that the expectations reflected in such forward looking statements are reasonable, such statements involve risks and uncertainties and are based on information currently available to the Corporation. Actual results may differ materially from those expressed or implied by such forward looking statements. Factors that could cause actual results or events to differ materially from current expectations, among other things, include risks related to receipt of shareholder and regulatory approvals and satisfaction of other conditions to closing the Acquisition and those related to the Corporation's ability to complete the Offering on acceptable terms or at all, and other factors discussed in materials filed with applicable securities regulatory authorities from time to time including matters discussed under “Risk Factors” in the Corporation's 2017 Annual Information Form and the preliminary short form prospectus referenced herein, copies of which are available under the Corporation's profile on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof, and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Yamana Gold Announces Filing of Early Warning Report in Connection With Closing of Leagold’s Acquisition of Brio Gold

TORONTO, May 25, 2018 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) (“Yamana” or the “Company”) today announced that it has filed an early warning report under National Instrument 62-103 in connection with the closing of the previously announced acquisition (the “Transaction”) by Leagold Mining Corporation (“Leagold”) of Brio Gold Inc. (“Brio Gold”).

Upon completion of the Transaction, Yamana received an aggregate of 58,115,953 common shares of Leagold (“Leagold Shares”) and 25,212,995 common share purchase Warrants of Leagold (“Warrants”) in exchange for its Brio Gold shares, representing approximately 20.65% of the issued and outstanding Leagold Shares on a non-diluted basis and approximately 27.17% of the issued and outstanding Leagold Shares on a partially-diluted basis, assuming the exercise of the Warrants held by Yamana. Prior to the Arrangement, Yamana did not hold any Leagold Shares or convertible securities of Leagold. Each Warrant entitles the holder thereof to purchase one Leagold Share at a price of $3.70 for a period of two years following completion of the Arrangement.

In connection with the Transaction, Yamana has agreed to hold the Leagold Shares and any Leagold Shares issuable upon exercise of the Warrants it received pursuant to the Transaction for a minimum period of 12 months, subject to certain customary exceptions. While Yamana currently has no plans or intentions with respect to the Leagold securities, subject to the terms of the Support Agreement, depending on market conditions, general economic and industry conditions, trading prices of Leagold’s securities, Leagold’s business, financial condition and prospects and/or other relevant factors, Yamana may develop such plans or intentions in the future and, at such time, may from time to time acquire additional securities, dispose of some or all of the existing or additional securities or may continue to hold the Leagold Shares, Warrants or other securities of Leagold.

A copy of the early warning report filed by Yamana will be available under Leagold’s profile on SEDAR at www.sedar.com or by contacting Sofia Tsakos, Senior Vice President, General Counsel and Corporate Secretary at 416-815-0220. Yamana’s head office is located at Royal Bank Plaza, North Tower, 200 Bay Street, Suite 2200, Toronto, ON, M5J 2J3 and Leagold’s head office is located at 595 Burrard Street, Suite 3042, PO Box 49152, Three Bentall, Vancouver, BC, V7X 1J1.

About Yamana

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas including Brazil, Argentina, Chile, and Canada.  Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and, at times, by targeting other gold consolidation opportunities with a primary focus in the Americas.

FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations
416-815-0220
1-888-809-0925
Email: investor@yamana.com 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:  This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking information includes, but is not limited to information with respect to the Company’s strategy, plans and objectives, including the Company’s expectations in connection with the sale or purchase of additional common shares of Leagold in the future, on the open market or in private transactions; Yamana’s plans to continue to build on its asset base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and, at times, by targeting other gold consolidation opportunities with a primary focus in the Americas. Forward-looking statements are characterized by words such as “plan,” “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.  These factors include market conditions as well as those risk factors discussed or referred to herein and in the Company's Annual Information Form filed with the securities regulatory authorities in all provinces of Canada and available at www.sedar.com, and the Company’s Annual Report on Form 40-F filed with the United States Securities and Exchange Commission.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended.  There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected plans and objectives and may not be appropriate for other purposes.

Lineage Announces Issuance of Stock Options

TORONTO, May 25, 2018 (GLOBE NEWSWIRE) -- Lineage Grow Company Ltd. (the "Company" or "Lineage") (CSE:BUDD) would like to announce that the Company awarded stock options (“Options”) to members of its Board of Directors (the “Board”), the management team (“Management”), and various consultants (“Consultants”) on May 24th, 2018.

In aggregate, the Company issued 1,875,000 Options to members of the Board and Management, which are exercisable into common shares at a price of $0.25 per common share. The Options vest according to the following schedule: 1/6 of the Options vest immediately, with an additional 1/6 vesting every 6 months from issue date until fully vested.

Additionally, the Company issued 800,000 Options to various Consultants, which are exercisable into common shares at a price of $0.25 per common share. The Options vest according to the following schedule: 1/4 of the Options vest immediately, with an additional 1/4 vesting every subsequent quarter from issue date until fully vested.

About Lineage Grow Company Ltd.

Lineage Grow Company Ltd. is a reporting issuer that is listed on the Canadian Securities Exchange ("CSE"). Lineage is focused on establishing, either directly or through joint venture with licensed producers, dominant vertically-integrated cannabis businesses that leverage best-in-class cultivation, distribution, and retail assets. Lineage is targeting legalized cannabis markets across multiple jurisdictions in the United States and Canada and is seeking to deploy best practices in cultivation and retail management to drive performance across the Company’s asset base. Lineage has entered into binding letters of intent to purchase two cannabis dispensaries in Oregon and one in San Jose, California.

For further information, please contact:

David Posner, Director
Lineage Grow Company Ltd.
1(647)985-6727

Email: dposner@lineagegrow.com

This news release may contain forward-looking statements and information based on current expectations. Any such forward-looking statements may be identified by words such as "expects", "anticipates", "believes", "projects", "plans" and similar expressions. Forward looking information in this news release includes the following statements: (i) the expected terms and conditions for the Transaction; (ii) management's belief of significant value and upside in the Transaction; (iii) management's belief that Herbiculture is a high-value license attached to an operator who is achieving impressive performance on the ground; (iv) management's intention of pursuing additional near-term growth initiatives; (v) management's belief that the medical marijuana market in Maryland is expected to be worth US$221 million by 2021; (vi) management's plan to establish dominant vertically-integrated cannabis businesses that leverage best-in-class cultivation, distribution, and retail assets; (vii) management's intention to target legalized cannabis markets in the United States and Canada; and (viii) management's plan to deploy best practices in cultivation and retail management to drive performance across the Company’s asset base. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such risks include operational risks; U.S. federal regulation risks; variation in state regulations; change of cannabis laws; security risks; risks related to operational permits and authorizations; risks on liability, enforcement complaints etc.; banking risks; risk that the Company’s limited operating history makes evaluating its business and prospects difficult; need for funds; risk that the Company may be exposed to infringement or misappropriation claims by third parties, which, if determined adversely to the Company, could subject the Company to significant liabilities and other costs; risk that the Company may need to incur significant expenses to enforce its proprietary rights, and if the Company is unable to protect such rights, its competitive position could be harmed; risks related to trade secrets; risk that Company is dependent upon its existing management, its key research and development personnel and its growing and extraction personnel, and its business may be severely disrupted if it loses their services; risk of potential for conflict of interest; risk related to inability to innovate and find efficiencies; competition risks; risk that a drop in the retail price of medical marijuana products may negatively impact the business; consumer acceptance of marijuana; potential future acquisitions and/or strategic alliances may fail to materialize and may have an adverse effect on the Company’s ability to manage its business; risk on management of growth; risk related to general economic trends; tax risk and currency fluctuation risks. For details of the risks faced by the Company, please see the Company's listing statement dated February 26, 2018 available at www.sedar.com under the Company's profile. There is no certainty that any of these events will occur. Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by applicable securities laws.

 

Alio Gold and Rye Patch Announce Completion of Business Combination

VANCOUVER, British Columbia, May 25, 2018 (GLOBE NEWSWIRE) -- Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) (“Alio Gold” or the “Company”) and Rye Patch Gold Corp. (TSX-V:RPM) (OTCQX:RPMGF) (FWB:5TN) (“Rye Patch”) are pleased to announce that Alio Gold has completed the previously announced acquisition of all of the issued and outstanding shares of Rye Patch by way of a plan of arrangement (the “Arrangement”). The Arrangement was approved by the Supreme Court of British Columbia in its final order dated May 25, 2018.

The Arrangement was completed pursuant to the Business Corporations Act (British Columbia).  Pursuant to the terms of the Arrangement, Rye Patch shareholders received 0.48 of an Alio Gold share and C$0.001 in cash for each Rye Patch share held. 

In connection with the closing of the Arrangement, Alio Gold increased the size of its board of directors to nine, with former Rye Patch directors Tim Baker and John Mansanti being appointed to the Alio Gold board of directors. Alio Gold also appointed Doug Jones, the former Chief Operating Officer of Rye Patch, as the Chief Operating Officer of Alio Gold. It is expected that the Rye Patch shares will be de-listed from the TSX-V Exchange on May 30, 2018 and that Rye Patch will cease to be a reporting issuer shortly thereafter.

About Alio Gold

Alio Gold is a growth oriented gold mining company, focused on exploration, development and production in Mexico. Its principal assets include its 100%-owned and operating San Francisco Mine in Sonora, Mexico and its 100%-owned development stage Ana Paula Project in Guerrero, Mexico. Located within the highly prospective Guerrero Gold Belt on 56,000 hectares of underexplored land, the Ana Paula Project is a high-grade, high margin project currently in the definitive feasibility stage. An underground decline to provide access for an exploration drill program has been initiated. The drill program will target the continuation of the high-grade gold mineralization below the proposed pit which has the potential to significantly enhance the robust economics of the project. The Company also has a portfolio of other exploration properties, all of which are located in Mexico.

About Rye Patch Gold

Rye Patch’s assets are all located in Nevada, USA and include its 100%-owned Florida Canyon Mine. The mine is a past producing, open pit, heap leach operation that was recently restarted and achieved commercial production in December 2017. Rye Patch also controls a sizeable 18,000 hectare land package along the Oreana Trend in Nevada with a 100% interest in Lincoln Hill, a PEA stage, open pit gold-silver project and a 100% interest in Wilco, a gold silver project with an NI 43-101 resource.  Rye Patch also holds the Gold Ridge and Garden Gate Pass exploration properties.

Cautionary Note Regarding Forward-Looking Statements

Certain statements and information contained in this news release constitute “forward-looking statements” within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian securities laws, which we refer to collectively as “forward-looking statements”. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.

Forward-looking statements in the news release herein by reference include, but are not limited to statements which relate to future events. Such statements include future trends, plans, strategies, objectives and expectations with respect to Alio Gold after its acquisition of Rye Patch, the intention to cause the Rye Patch shares to be delisted from the TSX Venture Exchange and the submission of the application by Rye Patch to cease to be a reporting issuer.

Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the successful completion of development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of reserve and resource, grade, mine life, cash cost, net present value and internal rate of return estimates and other assumptions, projections and estimates made in the technical reports for the San Francisco Property, the Ana Paula Project and the Florida Canyon Project; that mineral resources can be developed as planned; interest and exchange rates; that required financing and permits will be obtained; general economic conditions, that labour disputes, flooding, ground instability, fire, failure of plant, equipment or processes to operate are as anticipated and other risks of the mining industry will not be encountered; that contracted parties provide goods or services in a timely manner; that there is no material adverse change in the price of gold, silver or other metals; competitive conditions in the mining industry; title to mineral properties costs; changes in laws, rules and regulations applicable to the Company; and the timely receipt of regulatory approvals. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and you are cautioned not to place undue reliance on forward-looking statements contained herein.

Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward- looking statements contained in this news release herein by reference include, but are not limited to: decreases in the price of gold; competition with other companies with greater financial and human resources and technical facilities; risks associated with doing business in Mexico; maintaining compliance with governmental regulations and expenses associated with such compliance; ability to hire, train, deploy and manage qualified personnel in a timely manner; ability to obtain or renew required government permits; failure to discover new reserves, maintain or enhance existing reserves or develop new operations; risks and hazards associated with exploration and mining operations; accessibility and reliability of existing local infrastructure and availability of adequate infrastructures in the future; environmental regulation; land reclamation requirements; ownership of, or control over, the properties on which the Company operates; maintaining existing property rights or obtaining new rights; inherent uncertainties in the process of estimating mineral reserves and resources; reported reserves and resources may not accurately reflect the economic viability of the Company’s properties; uncertainties in estimating future mine production and related costs; risks associated with expansion and development of mining properties; currency exchange rate fluctuations; directors’ and officers’ conflicts of interest; inability to access additional capital; problems integrating new acquisitions and other problems with strategic transactions; legal proceedings; uncertainties related to the repatriation of funds from foreign subsidiaries; no dividend payments; volatile share price; negative research reports or analyst’s downgrades and dilution; and failure to receive regulatory approvals.

Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in, or incorporated by reference in, this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Source: ALO

For further information, please contact:
Lynette Gould
Vice President, Investor Relations
604-638-8976
lynette.gould@aliogold.com

Neither the TSX, TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX, TSX Venture Exchange) nor the New York Stock Exchange MKT accepts responsibility for the adequacy or accuracy of this news release.

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Metals and Mining Expert Corner - David Stein of Aerecura Capital Corp.

http://www.aerecuracapital.com/

Investorideas.com talks metals and mining with David Stein of Aerecura

David Stein

Aerecura Capital Corp Discusses the Mining Sector and Alternative Financing Options for Juniors

"2016 was an oasis year in what has been a long desert for financing junior miners" - David Stein, MSc., CFA

Full interview - read here

Mining Stocks Directory

Listed Mining Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges

Preview

49 North Resources Inc. ( TSX:FNR.V ) is a Saskatchewan focused resource investment company with strategic operations in financial, managerial and geological advisory services and merchant banking. Our diversified portfolio of assets includes direct project involvement in the resource sector, as well as investments in shares and other securities of junior and intermediate mineral and oil and gas exploration companies.

A-Cap Resources ( ASX:ACB.AX ) engages in the exploration of mineral properties primarily in Australia and Africa. It principally explores for uranium.Through A-Cap’s extensive exploration program it has achieved its goal of becoming the first company to produce a compliant resource in Botswana from the Letlhakane and Serule Projects. The Company firmly believes that as further exploration dollars are spent in Botswana it will become a significant contributor to the world uranium inventory.

Abacus Mining & Exploration ( TSX:AME.V ) is an exploration and mine development company with a 43-101 compliant positive preliminary economic assessment report (June 22, 2009) for its Ajax copper-gold project located 10 km southwest of Kamloops, British Columbia. Sensitivity analyses therein indicate a NPV of $1.46 billion discounted 8% over a 23 year mine life, with an IRR of 35.4%, cash costs of $0.90 per pound copper, and payback of 2.0 years using metal prices approximating US$3.00 per pound copper and US$1,000 per ounce gold. The Ajax extension remains open along strike and at depth. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Abbastar Resources Corp . ( TSX:ABA.V ) is an aggressive junior exploration company focused on identifying high potential gold deposits in politically stable, mining friendly districts. Abbastar's present focus is its high-grade Talbot Lake project, located within the world-renowned gold producing region, the Uchi Subprovince of North Western Ontario, Canada.

Abcourt Mines ( TSX:ABI.V ; OTCPK:ABMBF ) is an exploration and development company with strategically located properties in northwestern Quebec, Canada. The Elder Mine with 43-101 gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserves and resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Elder and Abcourt-Barvue projects back into production with Elder as the first priority. At the same time the company is working on other projects (Aldermac, Jonpol and Vendome) to increase its mineral resources inventory. A 43-101 resource calculation was completed in July, 2009, for the Elder Mine. A positive 43-101 feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was purchased.

Aberdeen International ( OTCPK:AABVF ) is a publicly-traded global resource investment and merchant banking company focused on small cap companies in the Resource sector. We have a highly Experienced Management Team with a Global network to generate deal flow. Our Team has raised and financed over $1 Billion in the last five years in the Mining and Resource sector

Abington Resources Ltd. ( TSX:ABL.V ) is engaged in the acquisition, exploration, development and production of precious metals and natural resources.

Abitex Resources Inc. ( TSX:ABE.V ) is an exploration company based in Val d'Or, Quebec which is focused on acquiring and advancing uranium properties in Quebec.

ABM Resources Ltd ( ASX:ABU.AX ) explores for various mineral properties, principally gold, uranium, zinc, lead, and copper in Australia, Mozambique, and Zambia. Its principal properties include Mimosa gold property in Mozambique; Broads Dam, Erayinia, Gascoyne, and Harbutt Range properties in Western Australia; and Myunga and Kandole Hill copper and gold properties in Zambia.

Abzu Gold Ltd. ( TSX:ABS.V ) is a gold exploration and development company working in Ghana, Africa's 2nd largest gold producer and host to some of the world's largest gold deposits. Ghana has strong land title laws and is one of the world's most mining-friendly jurisdictions. Abzu has invested several years developing local and national relationships, key to its strategic land position on over 360 square kilometres of highly sought after and productive gold belts.

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Mining Stocks Indices

Mining stocks ETF's

Direxion Daily Gold Miners Bear 2x Shares ETF (DUST)

Direxion Daily Gold Miners Bull 2x Shares ETF (NUGT)

DJ Emerging Markets Metals & Mining Titans Index Fund (EMT)

First Trust ISE Global Copper Index ETF (CU)

First Trust ISE Global Platinum Index ETF (PLTM)

Global Gold and Precious Metals Portfolio ETF (PSAU)

Global X Aluminum ETF (ALUM)

Global X Copper Miners ETF (COPX)

Global X Gold Explorers ETF (GLDX)

Global X Lithium ETF (LIT)

Global X Silver Miners ETF (SIL)

Global X Uranium ETF (URA)

Market Vectors Gold Miners ETF (GDX)

Market Vectors Junior Gold Miners ETF (GDXJ)

Market Vectors Rare Earth/Strategic Metals ETF (REMX)

BMO Junior Gold Index ETF (ZJG-TSX)

Claymore S&P/TSX Global Mining ETF (CMW-TSX)

Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF (HGD-TSX)

Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF (HGU-TSX)

Horizons BetaPro S&P/TSX Global Mining Bear Plus ETF (HMD-TSX)

Horizons BetaPro S&P/TSX Global Mining Bull Plus ETF (HMU-TSX)

iShares CDN Gold Sector Index Fund (XGD-TSX)

sPDR S&P Metals and Mining ETF (XME)

S&P/TSX Global Gold Inverse ETF (HIG-TSX)

ETFX Russell Global Gold Mining ETF (AUCO-LSE)

ETFX Russell Global Gold Mining Fund (Sterling) (AUCP-LSE)