Month: June 2018

Igor Gonzales, President and CEO of Sierra Metals commented: “The Company is very encouraged by the results of this PEA as they support the plan to profitably develop and grow the Cusi Mine in sustainable and staged steps from 650 TPD currently, to 1,200 TPD by Q1 2019, and further, to 2,700 TPD in 2021 based on consensus metal pricing.

Evrim’s President and CEO, Paddy Nicol, commented, “Sarape is located in an emerging epithermal gold belt hosting several mines and deposits, including Premier Gold’s Mercedes Mine, First Majestic Silver’s Santa Elena Mine, and SilverCrest’s Las Chispas deposit. Evrim’s Ermitaño project, under option to First Majestic Silver, is also in the belt where a maiden inferred resource of 40.8 million ounces silver equivalent* (562,000 ounces gold equivalent) was recently announced (see First Majestic Silver news release of March 29, 2018). We look forward to working with Coeur’s team on Sarape and will commence exploration in late June.”

“We have all the necessary equipment and chemicals on site to begin leaching when tests are complete. The results of our first leach will give us a base line going forward as we work to improve recovery rates. This first test will produce gold and silver and will be the beginning of positive cash flow.” added Mexus CEO Paul Thompson.

Las negociaciones continuarán durante la siguiente semana y, las partes muestran disposición en encontrar salidas viables

Colibri Resource Corporation wishes to announce that it has completed drilling of the final 900m of its 3,000m Phase 1 drilling program at its Pilar Gold Project in Sonora, Mexico. Samples from the final 7 drill holes and 2 drill hole extensions have been collected and delivered to ALS Chemex laboratories in Hermosillo, Mexico for assay preparation and subsequently the Atomic Absorption and Fire Assay analysis will be completed in Vancouver, Canada. Assay results will be released as they become available.

J. Duane Poliquin, Chairman of Azucar commented, “We are very excited to commence what we anticipate being a comprehensive two year intensive drill program at the El Cobre project. The results over the past two years have shown the potential for multiple porphyry centres over a four kilometre strike. We look forward to reporting drill results as we move forward.”