J. Duane Poliquin, chairman of Almaden commented: “We are gratified by the continued support of our shareholders. With this improved treasury, Almaden is well positioned to rapidly advance the pre-feasibility program, as we move Ixtaca towards a production decision, and continue the exploration drilling program which will be testing both regional and near resource targets.”
N. Eric Fier, CPG, P.Eng, President & CEO remarked, It is very encouraging to receive additional high grade results from our ongoing underground channel sampling program at Las Chispas as we continue to gain further access to historic workings. Our onsite team has safely ascended to the historic 300 level** of the Las Chispas vein with subsequent ongoing mapping and sampling. Our channel sample results on the 300 and 400 levels are showing multiple grades of plus 1 kilogram per tonne silver and up to 2.2 kilograms per tonne silver equivalent*. We are experiencing minimal challenges in accessing and rehabilitating the underground workings. Rehabilitation mainly consists of the removal and stockpiling of historic backfill material along with safely constructing ladders and bridges. We are currently surface drilling based on the expanded Phase I program with ongoing compilation of all our drill data and integration with underground results.
Sierra Metals Inc. reports second quarter production results featuring record mine ore throughput for the Company as well as at its Bolivar and Cusi Mines in Mexico and continued improvement at the Yauricocha Mine, with an increase in both ore throughput and metal production in Q2 2016 versus the two previous quarters.
Michael Burns, President & CEO of Pioneer Exploration Consultants commented, The management of Alta Vista Ventures forward thinking business plan is the perfect fit for our fast growing UAV business. The shareholders of Pioneer look forward to being strong, long-term supporters of Alta Vista. I look forward to this exciting opportunity to join the growing management team of Alta Vista and to leading the organic growth of Alta Vistas UAV business.
“Avino is pleased to report another solid quarter of production results. During the quarter we produced 629,780 silver equivalent ounces. In the same quarter last year, we produced 819,300 silver equivalent ounces, however, during the current quarter we replaced the bearings in the ball mill in Mill Circuit 3 which contributed to lower milling rates. Up to this quarter, Avino had delivered 11 consecutive quarters of comparative growth; with these repairs complete we’re excited about our ability to maintain smooth and consistent operations with the transition to commercial production at the Avino Mine now complete.
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
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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