Day: April 20, 2018

Gold production from South Arturo during the quarter has already exceeded annual guidance, as a result of a decision by Barrick (the operator) in January to accelerate the processing of the Phase 2 ore stockpile. At Mercedes, the Company expects full year production to be weighted toward the second half of 2018 after modifications to the mine plan are realized at the new Diluvio deposit to account for slight differences in the orebody geometry versus the original plan (model). The Company remains on-track to meet or exceed its consolidated full-year production guidance of 85,000-95,000 ounces of gold.

Back in June last year, writing for the website gettingthedealthrough.com, Florencia Heredia and Maria Paula Terrel stated: “Latin America continues to be a relevant jurisdiction for mining investments. In spite of the downcycle and difficulties faced by the industry, the region still remains attractive and certainly a part of the world to continue watching.” Last month, Energy and Gold Publishing published a project report (on Canadian junior Fiore Exploration, active in Chile) that stated: “Latin America is clearly the leading growth continent for the resource industry as senior metals producers scramble to replace depleting reserves.”

Silver Bull is pleased to announce that the Shareholders have ratified and approved the appointment of Smythe LLP, as auditors of the Company (91,342,467 or 93.58% voted “For”, 2,251,299 or 2.31% voted “Against” and 4,017,684 or 4.11% abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.