Day: July 13, 2015

High Grade Gold Target Identified at Alacrán

Azure’s Managing Director, Tony Rovira, stated: “Puerto del Oro is a very promising addition to the growing number of exciting, high quality targets we have identified in the first six months of our exploration activities at Alacrán. The prospect is in close proximity to San Simon and Mesa de Plata where we have already identified potential for significant gold and silver mineralisation, and will be included in the upcoming drill program which is scheduled to commence in late July.”

Primero Advises of Delay in Silver Revenue Due to Delay in Mexican Exports

Primero Mining Corp. today advises that as a result of a delay in exports from its San Dimas mine in Mexico, its subsidiary Primero Empresa Minera S.A. de C.V. has been delayed in selling silver. As a result approximately 880,000 ounces of silver were not sold during the second quarter of 2015, representing approximately $6.5 million in delayed revenue.

GoGold Produced 408,024 Silver Eq Ounces, an increase of 29% With Cash Costs of $5.54 per Silver Eq Ounce

Production for the quarter was 408,024 silver equivalent ounces which represents a 29% increase over the previous quarter. Tonnes stacked on the heap leach pad and Merrill Crowe throughput were both consistently at design levels throughout the quarter. Quarterly production has improved each quarter since commissioning began and this is expected to continue until the heap leach pad reaches equilibrium.

Mexus Gold US Signs Option/Joint Venture Agreement

Mexus Gold US announced today that after months of negotiating with several mining companies an agreement has been reached. President Paul Thompson is proud to announce that Mexus has signed an option/joint venture agreement with Minera Real del Oro S.A. de C.V., a Mexican corporation, which is wholly owned by Argonaut Gold Inc. Argonaut has the knowledge and experience along with the necessary capital to plan, drill, and bring the Julio/Martha Elena project into production..

Capstone Mining 2015 Second Quarter Production Results

“We are pleased to report good results from our operational improvements at Pinto Valley with respect to mill reliability, and we approached our targeted run rate by the end of the second quarter,” said Darren Pylot, President and CEO of Capstone. “In total, second quarter production met our expectations, which called for lower grade at Pinto Valley. Improving performance at Pinto Valley and strong results from Minto offset the production short-fall at Cozamin.”

Avino Q2 2015 Production Up 167% Compared to Q2 2014

“I’m pleased to report another record quarter and a record half-year of production. During the first half of 2015, we produced almost 1.5 million silver equivalent ounces which exceeds the entire output for 2014 and puts us on pace to more than double production in 2015…” – David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Cortez Gold Securityholders Approve Plan Of Arrangement

Starcore International Mines Ltd. and Cortez Gold Corp. are pleased to announce that the Cortez securityholders have approved the previously announced proposed acquisition of Cortez by Starcore, pursuant to a plan of arrangement
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• Global. Satellites are not restricted by borders, permits, or ground logistics. We have completed more than 1,300 projects in over 75 countries, with exacting standards of accuracy and consistency.
• Reliable. Each PhotoSat project is produced from satellite photos, with each photo covering hundreds of square kilometers. As a result, our data sets are consistent, time-stamped and robust, with high data point density.
• Innovative. PhotoSat is a leader in satellite-based surveying technology and alteration mineral mapping. We use proprietary deep learning algorithms in our data processing. Our unique technology produces outstanding results that are trusted by mining companies and engineering consultants around the world.