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First Majestic gets break in opening round of Mexico tax case
By Michael O'Boyle
Bloomberg News
via Yahoo News
Wednesday, January 27, 2021
First Majestic Silver Corp. won a reprieve on criminal tax fraud charges in initial Mexican court hearings for a case that will test the strength of the country's crackdown on tax evasion, according to people familiar with the matter.
A judge in Mexico City declined to charge the Canadian mining company with criminal tax fraud, said the people, who spoke on condition of anonymity as the matter is private.
... Dispatch continues below ...
Asante Gold Announces Kubi 3D Model
Extends Gold Mineralizing System
Company Announcement via Globe Newswire
Thursday, July 2, 2020
VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE:ASE / Frankfurt:1A9 / U.S.OTC: ASGOF) has received the results of 3D magnetic modeling completed over its Kubi mining lease in the Ashanti Gold Belt in Ghana.
The results show that the Kubi Main Zone gold resource is intimately associated with and interfingers the western sheared contact of a magnetic high feature that plunges to more than 2 kilometers in depth. Here is the 3D model video:
http://www.asantegold.com/assets/Video/SEMSpitMagSmthCore.mp4
In Ghana, Africa's largest gold producer, many big mines are located along northeast-trending regional shear systems that exceed 250 kilometers in length. Studies indicate that the hydrothermal gold mineralizing system that generated the Ashanti Gold Belt deposits was "gigantic and extended to at least 10 to 15 kilometers in depth" (Schmidt Mumm et al., 1996). The Ashanti shear zone hosts the largest single gold resource in Ghana, the 66-million-ounce Obuasi mine. This major shear zone cuts Kubi 15 kilometers southwest of Obuasi. ...
... For the remainder of the announcement:
https://www.globenewswire.com/news-release/2020/07/02/2056982/0/en/Asant...
Prosecutors can still return to court and present additional evidence. One of the people said the judge delayed ruling until an audit by Mexico's tax authority was finished and that the judge hadn't ruled yet on the evidence presented in the case.
First Majestic, a Vancouver-based company that operates three producing silver mines and other projects in Mexico, declined to comment. Representatives from Mexico's government did not immediately respond to requests for comment. ...
... For the remainder of the report:
https://finance.yahoo.com/news/first-majestic-gets-break-opening-0116052...
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