Year: 2018

Aura Silver Appoints Robert Johansing As Director

“We are pleased to welcome Robert Johansing to the board”, Aura Silver chairman Nick Tintor stated. “Rob’s appointment will enhance the Company’s strategic focus to identify and evaluate new exploration projects for addition to the Company’s portfolio. Additionally, Rob has extensive knowledge of the Company’s Taviche, Mexico project where he acted as lead exploration geologist and country manager during the period from 2006 to 2011. We anticipate that Rob will play an instrumental role in securing a joint venture partner for the Taviche project with an objective of resuming aggressive exploration programs to follow up on significant past drilling success.”

Telson Mining Corporation Clarifies Definition of Cash Flow in News Release Declaring Commercial Production at its Campo Morado Mine

We wish to clarify that the term cash flow as used in the Production News Release is the cash receipts for concentrates delivered to the buyer of such concentrates. It is cash receipts and does not include cash payments for goods, services or payments to or on behalf of employees or any expenditures associated with the costs of production. The costs of production are calculated at month end. As stated in the Production News Release, in April 2018, Telson generated cash from the sales of concentrates of US$5.2M with costs of production of US$3.5M for net cash of US$1.7M. For the first 15 days of May (ending on the date of the commencement of commercial production) Telson generated cash receipts from the sales of concentrates of US$2.5M, however has not determined the costs of production for that interim period.

Minera Alamos announces OTC ticker symbol change to MAIFF

Minera Alamos Inc. (TSX VENTURE:MAI, OTCQB:MAIFF) announces that FINRA has approved a change in the Company’s stock symbol trading on the OTC Markets. The Company’s common shares now trade on the OTCQB under the symbol MAIFF. The previous trading symbol was VGMTF.

Mexican Gold Achieves DTC Eligibility in United States

Brian Robertson, President & CEO, commented, “Being DTC eligible builds on our continuing efforts to improve access to institutional and retail investors. We are confident that DTC eligibility will significantly enhance liquidity for our US shareholders.”

Prospero Closes First Tranche of Private Placement Financing

Bill Murray, the Chairman of Prospero commented: “With the closing of our private placement and the Fortuna warrant exercise, we will have received close to $1.9m in cash to continue first-pass drilling of three of our projects and other value added work to our existing project portfolio, and on-going marketing of the Company. We’ve got a busy drill schedule planned with Fortuna for 2018 and I’m looking forward to reporting on our drill results from Buenavista later this summer.”

Telson Mining Corporation Declares Commercial Production at its Campo Morado Mine as of May 15, 2018, and Generates US$7.7M Cash Flow in Final Month and a Half (April 1 to May 15, 2018) of Pre-Production

José Antonio Berlanga, Director and CEO, states: “Achieving commercial production at Campo Morado is a major milestone for Telson. When we commenced pre-production activities in October 2017, we provided guidance that we expected to declare commercial production in Q3, 2018. To do so mid Q2, a full 3 months ahead of schedule, is a testament to the tremendous skill and expertise of our mining team and the hard work of our employees….”

Canuc Provides Exploration Update for San Javier

“These results clearly indicate that high grade silver vein mineralization, and also silver bearing breccia geology, is evidenced along the full 3 km strike extent of the San Javier structure and the San Javier mineralized corridor. This is very encouraging for geological prospects and vein continuity along trend in the northeasterly direction, and suggests potential for a robust high-grade and vein hosted mineral endowment.” Stated Hub Mockler.

Partner-Funded Field Work Update From The Glor Gold Project In Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “We are encouraged by the exploration results obtained at the Canasta target which we acquired with partner Centerra Gold through the Mexico concession lottery system. The soil survey and rock samples have provided positive results that encourage Riverside to continue with drill target definition. We look forward to further exploration work being done at the Project leading to a potential drilling campaign later in the year.”

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