Day: January 25, 2018

Sonoro Options Cerro Caliche Property in Mexico

“Cerro Caliche is a very compelling under-explored gold project area located in the Sonora-Cucurpe mega-district located between the prolific north-south oriented Sierra Madre Gold Belt to the east and the northwest oriented Sonora-Mojave Megashear complex to the west,” said Kenneth MacLeod, President and CEO of Sonoro. “We are especially pleased to be able to capitalize on and continue previous exploration episodes of this productive older gold mining district and to draw upon the extensive technical expertise of Sonoro’s Mexican technical team, directed by noted geologist, Melvin Herdrick.”

Great Panther Silver Increases Mineral Resource Estimate At The Guanajuato Mine Complex

“We are excited to announce an almost doubling of the estimated Measured and Indicated Mineral Resource at the GMC to over 13 million silver equivalent ounces,” stated James Bannantine, President & CEO. “This is a strong testament to our ability to continue to develop new mineral resources at the GMC and expand its potential. In this regard, we have over 24,000 metres of drilling planned for the GMC in 2018, which we believe will continue to add to the mineral resource inventory.”

First Majestic Prices Offering of Convertible Senior Notes

First Majestic Silver Corp. announced today that it has priced its previously announced offering of unsecured convertible senior notes due 2023. The Company will issue US$150 million aggregate principal amount of Notes (or US$172.5 million aggregate principal amount if the over-allotment option is exercised in full). The Notes will be issued at par value.

Prospero Begins Drilling at Pachuca SE Project, Hidalgo State, Mexico

This drilling completes the third project in a 6,900m program to test 3 of Prospero’s projects under the terms of a strategic investment from Fortuna Silver Mines Inc. made in May 2017. Prospero and Fortuna are planning a 3-4 hole, 1,800m drill program to test 2 targets with deep, angled holes. Drill collar maps and draft sections for the Pachuca drill holes are available on Prospero’s website.

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