Day: July 13, 2017

Leagold Reports Initial Drilling Results for Bermejal Underground Program

Neil Woodyer, CEO stated “these drilling results show the consistency of mineralization along the contacts of the Bermejal intrusive and sill. Infill holes are tightening up the drill hole spacing and will enable an upgrade of the resource classification. These holes are also filling in gaps in the resource model which, when combined with the step-out holes, will increase the overall mineral resource. To date, 18 of the 20 holes drilled have intercepted high-grade mineralization – this high success rate also indicates the potential for both the consistency and expansion of the deposit. In addition to the drilling program, Leagold is also progressing with engineering studies in preparation for underground development. Work to date confirms that Bermejal is a valuable mine development project that will enhance production and extend mine life at Los Filos”.

McEwen Mining Reports Q2 2017 Production Results

McEwen Mining Inc. is pleased to report consolidated production for Q2 2017 of 22,191 gold ounces and 779,487 silver ounces, or 32,584 gold equivalent ounces, using a 75:1 gold to silver ratio.

Great Panther Silver Reports Second Quarter 2017 Production Results

“Great Panther had an excellent second quarter, setting a new Company record for consolidated metal production and a new record for metal production in Topia,” stated Robert Archer, President & CEO. “I would like to congratulate our entire operations team, especially in Topia, for all their hard work and efforts in achieving this quarter’s milestones.”

Excellon Achieves Dry Mining Conditions At Platosa With Completion Of Optimization Plan

“Platosa is dry,” stated Brendan Cahill, President and Chief Executive Officer. “The completion of the optimization plan at Platosa marks a significant milestone in Platosa’s history and we now have a system fully implemented to eliminate the major bottleneck on production going forward. With dry operating conditions, our immediate goal is a smooth transition to materially higher rates of production and a return to an industry-leading cost profile in the coming quarters.”

Fortuna reports production of 2.1 million ounces of silver and 14,547 ounces of gold for second quarter 2017

Fortuna Silver Mines, Inc. is pleased to announce second quarter 2017 production results from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 2.1 million ounces of silver, 14,547 ounces of gold, plus base metal by-products. Silver and gold production for the first six months totaled 4.2 million ounces and 27,747 ounces respectively; being 1 percent and 4 percent above the company’s mid-year projection. Fortuna is on schedule to produce 8.1 million ounces of silver and 52.4 thousand ounces of gold or 11.2 million Ag Eq* ounces in 2017.

Arian Silver – Placing to Raise £600,000 to Finance Additional Exploration

Jim Williams, Chief Executive Officer of Arian Silver, commented, “this additional capital can be immediately deployed to extend the exploration of the three lithium projects over which we have an option to acquire, and also to seek additional projects in the vicinity which we believe could host significant deposits of lithium.”

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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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.