Year: 2015

“Greens Creek continues to drive Hecla’s strong, consistent production performance,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “We expect a considerably stronger fourth quarter, now that the ventilation system has restarted at Lucky Friday and with higher-grade material from the 123 Zone at Casa Berardi. When coupled with the startup of San Sebastian which is underway, we are optimistic about our performance going into 2016.”

“Santacruz has again improved upon the previous quarter’s production performance at the Rosario Mine in Q3,” stated Arturo Préstamo, CEO of Santacruz. “During Q3 we successfully transitioned from third party contractor underground mining to an in-house mining operations team. This action was taken to both further reduce the cost structure at the Rosario Mine and to ensure more management control over the day to day mining operations. We are pleased to be now hitting our stride at the Rosario Mine and we anticipate further improvements both operationally and financially. This performance comes at a key time in the Company’s development and will allow us to continue our path forward.”

The Company expects to close the acquisition of the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal Mine in Chihuahua, Mexico from a Mexican subsidiary of Goldcorp later this month. The Plant is being acquired for future use at the Company’s recently acquired Ana Paula project in Guerrero, Mexico.

Aurcana Corporation is pleased to report the Q3 2015 production results of 842,334 ounces silver equivalent compared to 997,530 in Q3 2014, a decrease of 16%. Silver production decreased by 15% to 348,764 in Q3 2015, compared to 412,063 in Q3 2014. Although milling and mining production increased during the third quarter, production occurred in lower grade areas of La Negra mine.

Red Tiger intends to use the Private Placement proceeds to fund the recommencement of mining operations.

Alamos Gold Inc. today announced that Scott Perry has resigned from the Company’s Board of Directors following his appointment as Chief Executive Officer of another intermediate gold producer.