Year: 2017

“The first quarter production at Greens Creek and San Sebastian exceeded our expectations, more than offsetting the shortfall at Lucky Friday due to a strike by the union workers,” said Phillips S. Baker, Jr., President and CEO. “While our cost of sales increased over last year due to the higher throughput from the Casa Berardi open pit operations, our cash cost, after by-product credits, declined 73% over the first quarter 2016 to $0.84 per silver ounce. This strong operating performance allowed us to add $14 million of cash since the end of the year, marking the fourth consecutive quarter of increasing cash balances.”

Silver Bull Resources, Inc. is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on April 19, 2017. A total of 99,341,550 or 55.84% of the Company’s issued and outstanding shares were represented at the Meeting. The following nominees, as listed in Silver Bull’s Management Information Circular, were re-elected as directors of the Company.

The report is in support of the updated Mineral Reserve and Resource estimates for the Bolivar Mine and includes:

Total Indicated Mineral Resources of 9,335,000 tonnes averaging 18.1 g/t silver, 0.90% copper and 0.30 g/t gold, 1.23% CuEq

Total Inferred Mineral Resources of 9,055,000 tonnes averaging 17.9 g/t silver, 0.86% copper and 0.33 g/t gold, 1.20% CuEq

Total Probable Mineral Reserves of 4,327,000 tonnes averaging 17.5 g/t silver, 0.85% copper and 0.31g/t gold, 1.18% Cu Eq

“The sites we are targeting have potential for shallow, high value per tonne, volcanic-hosted massive sulphide (VHMS) deposits. VHMS deposits are significant contributors to the global production of copper, zinc, lead and silver,” Oz Minerals MD Andrew Cole said on Wednesday.

McEwen Mining Inc. is pleased to report its consolidated production for Q1 2017 was 20,096 gold ounces and 722,767 silver ounces, or 29,733 gold equivalent ounces, using a 75:1 gold to silver ratio.

Gold Resource Corporation reports preliminary production results for the first quarter ended March 31, 2017 of approximately 6,747 ounces of gold, 427,890 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $109 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.

“Sierra Metals reported a solid improvement in metals production and tonnage processed in the first quarter of 2017 lead by the Yauricocha Mine which recently completed key aspects of a successful restructuring and rehabilitation program” commented Gordon Babcock, Chief Operating Officer of Sierra Metals. “We continue to work at all of our mines to improve operations, best practices, introduce modern equipment as well as improve grade. Management believes that these changes will serve to increase production and improve grade for 2017 and the years to come.”