The following corrects and replaces the release issued earlier today on behalf of Starcore International Mines Ltd. Please note that the headline incorrectly stated the Gold Equivalent Ounces as 6.315 instead of 6,315.
GoGold Resources Inc. is pleased to announce that it has received the environmental permits for mine construction from the Mexican Department of Environment (Semarnat). The permit includes acceptance of the environmental impact assessment and the change of land use permit, for its Parral Tailings Project in Chihuahua State Mexico. The Parral Tailings Project construction is expected to start imminently with commissioning taking place during the first quarter of 2014.
SilverCrest Mines Inc. is pleased to announce its financial results for the second quarter ended June 30, 2013. All financial information is prepared in accordance with IFRS, and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2013 and associated management discussion and analysis (“MD&A”) which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
Pan American Silver Corp. produced 6.2 million ounces of silver and 29,900 ounces of gold during the quarter ended June 30, 2013, generating revenue of $175.6 million and operating cash flows before interest and income taxes of $23.7 million. Given the sharp decline in precious metals during the reporting quarter, the Company incurred a net loss of ($187.1) million or ($1.23) per share, which included a $185.2 million non-cash impairment charge mainly against the goodwill that arose from the purchase of the Dolores mine last year.
Big North Graphite Corp. announces that it has completed its first graphite sale. The Company recently sold 200 tons of amorphous graphite, mined from the Company’s Nuevo San Pedro mine and additional feed mines located in Sonora Mexico, to a customer within Mexico. The graphite sold was a mine run, semi-processed product, consisting of a 3/4 inch minus size, yielding an average grade of 68% Cg. The mined graphite was processed at Big North’s processing facility located near the town of La Colorada, Mexico.
Starcore International Mines Ltd. announces production results for the fourth quarter of the fiscal year ending July 31, 2013, at its San Martin Mine in Queretaro, Mexico.
MAG Silver Corp. announces the Company’s unaudited financial results for the three and six months ended June 30, 2013. For complete details of the second quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.
Silver Bull Resources, Inc. is pleased to announce the results of underground channel samples targeting the north, east, and western extensions to the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
Fortuna Silver Mines Inc. is pleased to report results for twelve additional surface drill holes at the Trinidad North high-grade silver-gold discovery at the San Jose Mine in Mexico. With the exception of drill hole SJO-304, the reported drill holes are generally positioned to define the approximate limits of the Trinidad North ore shoot. The ore shoot remains open to depth and to the north with drilling from underground stations projected to start in early September.
Levon Resources Ltd. is pleased to announce the continuation of Phase 4 drilling at it’s wholly owned Cordero bulk tonnage Ag, Au, Zn, Pb project, Chihuahua State, Mexico, 35 kilometers northeast of Hildalgo Del Parral, Chihuahua State, Mexico. An initial 14,000 metres of core drilling has been contracted with the goal of expanding the current resource into the Aida claim (16 hectares), which is located in a central portion of the current NI 43-101 Cordero resource. The drilling is scheduled to begin in September 2013 with new, state of the art drills.
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