Day: January 22, 2018

SilverCrest Summarizes Successful 2017 And Provides Outlook For 2018

N. Eric Fier, CPG, P.Eng and CEO, remarked: “2017 was a very successful year for SilverCrest with multiple high-grade discoveries at Las Chispas. We have now drilled over 40,000 metres in the district with our current focus on increasing the high-grade footprints of the Babicanora, Las Chispas, and Giovanni veins in preparation for the upcoming maiden resource in Q1. The Babicanora Vein will be the largest contributor to the resource with an impressive high-grade precious metal footprint of over 1.0 kilometre in strike length. Even with our aggressive exploration program in 2017, we have only partially drill-tested 3.5 kilometres of the known 12 cumulative kilometres (19 epithermal veins) in known vein strike length. After the announcement of the maiden resource in Q1 2018, we hope to continue to add value through further in-fill and expansion drilling, complete an updated resource in H2 of this year, and complete a Preliminary Economic Assessment (PEA) in H2 as well. Lastly, I would like to thank all of our shareholders and communities for their continuing support and we are looking forward to another exciting year for the Company.”

Gold Resource Corporation Achieves 2017 Annual Gold and Silver Production Targets

“Our Oaxaca Mining Unit’s operations team delivered another year of solid production results for 2017,” Gold Resource Corporation CEO and President, Mr. Jason Reid, stated. “In addition to achieving annual precious metal production targets, the team successfully targeted and mined base metal rich areas of the Arista mine to take advantage of multi-year high base metal prices which generated substantial additional revenue for the year…”

Mexican Gold Extends High – Grade El Dorado Dike Contact Mineralization at Las Minas

Brian Robertson, President and CEO commented, “These high – grade drill results over significant widths continue to expand the mineral resource and increase the grade for the El Dorado/ Juan Bran zone. The expanded resource and higher grades will have a positive impact on an updated resource estimate. The discovery of the high- grade dike contact mineralization also provides a model for exploring additional dike contact zones that are known to exist on the property.”

Excellon Announces 2017 Production Results

“We made great progress in 2017,” stated Brendan Cahill, President and Chief Executive Officer. “We removed a major bottleneck at Platosa and began ramping up production, with another solid quarter in Q4 demonstrating stable production under dry mining conditions. We have more work to do though, as we are working through normal course transitional issues as we ramp up to higher production rates.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

All News

INTERA brings the experience and commitment to developing and implementing cost-effective solutions for every phase of mining projects—from planning and development, and construction and operations, to reclamation and closure.