Year: 2016

Great Panther Silver Reports Fatal Accident At Its Topia Mine

“We are deeply saddened by this tragic event,” stated Robert Archer, President and CEO. “On behalf of all of us at Great Panther, I wish to extend our most sincere condolences to the deceased’s family and friends, and to all of our co-workers at our Topia Mine. Regrettably, this accident comes even as we are continuing a complete safety review across all of our operations. All such incidents are unacceptable and we will continue to do everything possible to prevent a recurrence.”

Gold Resource Corporation Reports Preliminary Second Quarter Production of 10,011 Gold Ounces and 572,500 Silver Ounces Maintaining 2016 Annual Outlook

Gold Resource Corporation reports preliminary production results for the second quarter ended June 30, 2016 of approximately 10,011 ounces of gold, 572,500 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned $108 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Capstone Mining 2016 Second Quarter Production Results

Capstone Mining Corp. today announced production results for the three and six months ended June 30, 2016. Combined production totalled 28,100 and 52,700 tonnes of copper in the second quarter and year-to-date periods, respectively, with additional by-products of zinc, molybdenum, lead, silver and gold.

Evrim’s JV Partner First Majestic plans drilling the Ermitaño Gold-Silver Project

Stewart Harris, Evrim’s Vice President of Technical Services commented, “The drilling program at the Ermitaño West target represents an excellent opportunity to add to the mineral endowment of a 10 kilometre by 15 kilometre trend, which includes Ermitaño East, Veta Valentina, Durazno area, and the Santa Elena Mine. Vein structures at Ermitaño West exhibit similar structural characteristics to the east-striking principal veins at Santa Elena and vein textures suggest a shallow level of exposure in this low to intermediate sulphidation epithermal system. The shallow level of exposure suggests that the most prospective part of the epithermal gold-silver system has been preserved beneath this untested target.”

Southern Silver Clarifies Trading on the OTCQB

Southern Silver Exploration Corp. would like to clarify it earlier press release dated July 12, 2016 in which it announced that its shares had commenced trading on the OTCQB Marketplace. The Company is in the final stages of submitting all the required documents to upgrade its U.S. listing to the OTCQB Marketplace, and it anticipates that the process will be completed later this week at which time final notice will be given.

Piden a mineros cuidar su fuente de empleo

En el marco de la celebración del Día del Minero, el secretario general del Sindicato Minero Metalúrgico don Napoleón Gómez Sada, Carlos Pavón Campos, pidió a los trabajadores que cuiden sus empleos.

Alset Provides Update on Mexican Lithium Salars and Ontario Projects

Alset Energy Corp. is pleased to announce that the Company continues to move towards completion of the definitive agreement to acquire a right to earn 100% in the previously announced Mexican lithium, potassium and boron brine salar assets located in Zacatecas and San Luis Potosi, Mexico. Alset’s Mexican subsidiary, Grupo Minero Alset, has been incorporated and registered with the requisite government authorities. In addition, the Optionors, through Alset’s legal counsel in Mexico, are filing all documentation with the governing bodies with respect to the mineral concessions. Permitting for exploration and development work will start immediately after the completion of the definitive agreement.

Canarc Provides Update on Strategic Plans

With the closing of the sale of Oro Silver in the 2nd quarter to Endeavour Silver, Canarc is now in its strongest financial position in twenty years, with approximately $6 million in cash and $6.5 million in Endeavour shares (based on the recent Endeavour share price). The enhanced treasury allows the Company to expand its growth strategies and pursue larger M&A opportunities in order to create additional value for shareholders.

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