Albion Petroleum is pleased to provide an update on its previously announced Qualifying Transaction. On July 1, 2014, Albion entered into an arrangement agreement with Sundance Minerals, a private exploration company currently focusing on precious and base metal projects in Mexico and the United States. Pursuant to the Arrangement Agreement, Albion [...]
Further to a press release date June 16, Albion Petroleum announces that it has entered into an arrangement agreement dated July 1, with Sundance Minerals Ltd. Immediately prior to the execution of the Arrangement Agreement, Sundance: (i) purchased all of the issued and outstanding securities of Minera Terra Plata, S.A. de C.V., an indirect wholly [...]
Albion Petroleum announces that it has entered into a letter of intent dated May 15, 2014, as amended, with Sundance Minerals, First Majestic Silver and 0924682 B.C. Ltd. pursuant to which: (i) Sundance will acquire all of the issued and outstanding securities of NumberCo and all of the issued and outstanding securities of Minera Terra Plata, S.A [...]
Sundance announced that it has applied to the British Columbia Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission for a decision to cease to be a reporting issuer in British Columbia, Alberta and Ontario. If the Securities Regulatory Authorities grant such a decision, the Company will no longer be a [...]
Sundance Minerals is pleased to announce that it has entered into an option agreement with Inmet Mining Corporation, whereby Inmet can earn up to a 70% interest in the Los Tamales Copper-Moly Property. The Property is located in the premier copper producing state in Mexico. Chris Osterman, President and CEO of Sundance, stated, "We are pleased to [...]
Sundance Minerals is pleased to announce that it has completed the Phase 1 diamond drilling program at the San Ricardo property in Sonora, Mexico. Twelve holes were drilled along a 200 meter strike length of the Santa Cruz fault/vein target and two additional holes (SR12-12&13) were drilled on the Mina Antigua vein. Results are detailed in the [...]
Sundance Minerals announced today the initiation of Phase 1 drilling at the San Ricardo Gold Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico. The program consists of approximately 800 meters of diamond drilling in the Santa Cruz Target, one of the multiple targets within [...]
Sundance Minerals is pleased to report results of the orientation drilling program on its 100% owned Pluton polymetallic silver-lead-zinc property in Mapimi, Durango Mexico announced in 2011. Eight out of the nine holes drilled intersected lead-zinc mineralization with local silver. Highlights include holes PLT-2 in the Dos Amigos area (0.47g/t Au [...]
Sundance Minerals announces that, although the final prospectus dated May 10, 2012 was filed and receipted and the Company is now considered a reporting issuer, market conditions have not permitted the Company to complete the Initial Public Offering ("IPO") as planned within the allowed 90 day period. Sundance has instead completed a private [...]
Sundance Minerals is pleased to announce that it has entered into an option agreement with Exploraciones Global, a subsidiary of Mercator Minerals, whereby Sundance can earn up to a 70% interest in a 700 hectare portion of their Meztli 4 claim located in northern Sonora State. The land optioned will link Sundance's San Ricardo claim block with a [...]
Sundance Minerals is pleased to announce that it has entered into an option agreement with Paget Minerals, Corp., whereby Paget can earn up to a 60% interest in the San Ricardo Gold-Silver Property in northern Sonora State, Mexico. The Property is located within the prolific state of Sonora in the vicinity of numerous porphry, mesothermal and [...]