Year: 2018

Marlin Gold Shareholders Approve Plan of Arrangement with Golden Reign Resources Ltd.

Marlin Gold Mining Ltd. is pleased to announce that at the special meeting of shareholders of the Company held on October 30, 2018, shareholders of Marlin voted in favour of a special resolution to approve the plan of arrangement and certain connected transactions, pursuant to which Golden Reign Resources Ltd. will acquire all of the issued and outstanding shares of Marlin in exchange for 0.5138 of a Golden Reign common share for each Marlin Share by way of a court-approved plan of arrangement .

Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call at 10 am PT (1 pm ET) Today

Bradford Cooke, Endeavour CEO, commented, “Our financial performance in Q3, 2018 was impacted by lower metal prices and higher depreciation and depletion charges, primarily at Guanacevi where production lagged behind plan. However, El Cubo production continued its strong performance during the quarter and Bolanitos gold grades are now improving after a slight drop in Q3, 2018.

Golden Minerals Identifies High-Grade Gold and Silver Veins at Yoquivo

“Our progress to date in defining high-grade veins outcropping at surface at Yoquivo is excellent. We expect to continue with the surface work in preparation for identifying the best drill targets, which we plan to test in a drill program in 2019. The discovery of additional untested veins on the property is promising. We believe the Yoquivo district is emerging as a very interesting exploration play in this well-mineralized portion of the Sierra Madre,” states Warren Rehn, President and Chief Executive Officer of Golden Minerals.

Centerra Gold Records Third Quarter 2018 Net Earnings of $6 million; Increases 2018 Gold Production Guidance Range to 665,000 to 705,000 ounces and Lowers Cost Guidance Range to $782 to $829 per ounce sold

Centerra Gold Inc. today reported net earnings of $6 million or $0.02 per common share on revenues of $259.1 million in the third quarter of 2018. The third quarter 2018 results include an impairment charge of $8.5 million to write-down the net assets of the Company’s Mongolian business unit to their sale value which closed on October 11, 2018. Excluding this item, adjusted earnings in the third quarter of 2018 were $14.5 million or $0.05 per common share.

Silver Bull Resources Announces 5.35 Billion Pounds Zinc, 87.4 Million Ounces Silver In Updated Sierra Mojada Measured And Indicated Resource:

“This resource update models the mineralization defined at Sierra Mojada to zinc and silver prices realistic of the current market conditions”, stated Tim Barry, President, CEO and director of Silver Bull. “Sierra Mojada is one of only a handful of projects with any appreciable zinc resources and is one of the largest undeveloped silver-zinc projects in Mexico. It has excellent infrastructure; it is located 3 hours from an international airport with a paved road right to site; it has a functioning railway right to site; runs on grid power; and it has a skilled mining work force to draw upon in the immediate local area. This resource provides excellent leverage to both zinc and silver prices and has the potential to be scaled in size depending on metal prices.”

Evrim signs three-year exploration alliance in the western United States

Evrim Resources Corp. is pleased to announce it has signed a three-year exploration alliance agreement with Meridian Gold Co., a wholly-owned subsidiary of Yamana Gold Inc. The Alliance allows Evrim royalty free access to Yamana’s dataset in the western United States for gold and base metal project generation.

Telson Signs a Renewable Power Purchase Agreement

“The renewable power purchase agreement with Energia Solar provides Telson with a steady supply of renewable source generated power at an inflation-indexed fixed price that will significantly reduce environmental footprint and reduce operating costs and future profitability. Additionally, this agreement satisfies local regulations that require Campo Morado mine to use a minimum of 25% green generated energy.” states Antonio Berlanga, CEO. “It is also a significant step forward for Telson to do its part in the world-wide battle against global warming”

Coeur Reports Third Quarter 2018 Results

“Third quarter results were impacted by weak metals prices and temporarily lower production at our Palmarejo and Wharf mines due to one-time events. Our Rochester operation was the standout performer with strong production growth and further cost reductions. In addition, the team at Rochester has commenced work on the installation of the first HPGR crusher, which is expected to boost silver recoveries and further reduce costs starting next year,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Importantly, we remain on-track to achieve full-year production and cost guidance due to strong expected fourth quarter performance at each of our operations, which we experienced during the month of October.”

Capstone Mining Third Quarter 2018 Financial Results

“Our mines performed as expected in the third quarter and we have seen an upward trend in production as we move through 2018,” said Darren Pylot, President and CEO of Capstone. “Year to date, we have generated $76.9 million of cash flow from operating activities and net income from continuing operations of $22.6 million.”

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