Day: May 14, 2015

MAG Silver Reports First Quarter Financial Results

MAG Silver Corp. announces the Company’s unaudited financial results for the three months ended March 31, 2015. For complete details of the first 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.

Excellon Reports First Quarter 2015 Financial Results

“Production and costs during the first quarter were a marked improvement from the fourth quarter of 2014,” stated Brendan Cahill, President and Chief Executive Officer. “We continue to identify further opportunities to reduce costs, particularly on electrical and maintenance at the mine and on corporate G&A. Our primary focus right now is on the planning and implementation of the long-term optimization plan for Platosa, with a preliminary economic assessment on the plan scheduled to be released during this quarter.”

Kootenay Announces San Diego Project Optioned to Aurico Gold

Kootenay Silver Inc. is pleased to announce that it has entered into an option agreement through its wholly owned Mexican subsidiary, Minera J.M. with Oro de Altar a wholly owned Mexican subsidiary of AuRico Gold Inc. The option allows ODA to earn up to 100% interest in the San Diego property located in northern Sonora State, Mexico. The project is one of Kootenay’s Generative properties and was acquired by MJM in 2014 under an option agreement, giving MJM the right to acquire an undivided 100% interest.

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.