Day: December 15, 2015

McEwen Mining New Financial Management Appointments

McEwen Mining Inc. is pleased to announce that Andrew Elinesky has been promoted to Senior Vice President & Chief Financial Officer, and Andrew Iaboni has been promoted to Vice President, Finance.

“I’m delighted to announce these two key appointments. Andrew Elinesky and Andrew Iaboni bring a great deal of knowledge and experience about our current and future operations, a strong work ethic, and technical financial expertise necessary for these demanding finance positions,” said Rob McEwen, Chairman and Chief Owner.

Starcore Reports Q1 2016 Results

“We have steadied our production from the mine this quarter and expect to continue at this pace into the new year. We will be commencing operations at Altiplano, the new concentrate processing facility in Matehuala, with a view to ramping up to full production in 2016.” reported Robert Eadie, President of the Company.

Silver Shield Resources Corp Announces Investment into Rock Vapor Technologies, LLC

Frank Kordy Interim CEO stated: “I am very pleased to have been able to make this investment. Rock Vapor has in our opinion an incredible brand and management team in place that we see leading in the e-cigarette industry. Rock Vapor plans to go public in 2016 and we expect to see a substantial return on our investment.”

Arian Silver Corp Shares Plummet As Money Worries Continue

At the end of October, Arian shares were suspended from trading after the company said its loan note amendment agreement it was set to reach with Quintana AGQ Holding Co LLC had been terminated. Arian shares were down 83% to 1.93 pence per share on Tuesday morning. The stock has traded as high as 52.71p in the past 52-weeks.

MAG Silver Reports New Gold and Additional Zinc Mineralization at Salamandra

Unlike any previous drilling, strong gold and tungsten mineralization was cut in the final hole, which was drilled farther east than any previous drilling. Hole SA15-35 (See Map in Figure 1 and Table 1), cut two zones of coherent gold mineralization at 895-931 metres downhole depth: 9.33 m grading 1.01 g/t gold; including 0.88 m grading 3.6 g/t gold and 8.07 m grading 1.36 g/t gold; including 2.31m grading 2.96 g/t gold. These zones occur in scheelite-bearing skarn which extends from approximately 650 m to 931 m downhole depth. The highest grade tungsten (“W”) is 0.9 m of 0.38%. A broad zone of dispersed zinc mineralization (29.9 m grading 0.5%) lies just above the gold zone. Check-assaying at SGS confirms these gold results.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.